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\"Crypto — Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

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\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

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\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

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August 15, 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
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

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\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

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\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

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August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

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\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

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August 15, 2024

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\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

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Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

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

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December 3, 2024

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Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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 decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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 awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

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November 24, 2024

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December 3, 2024

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Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

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Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

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\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 3, 2024

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Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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 Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

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August 15, 2024

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Follow The Distributed

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\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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 cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

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December 3, 2024

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August 15, 2024

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Follow The Distributed

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\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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By subscribing, you agree with our privacy and terms.

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Follow The Distributed

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ADVERTISEMENT

\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 3, 2024

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August 15, 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
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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Follow The Distributed

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\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

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Follow The Distributed

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\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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 core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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Follow The Distributed

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\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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

December 3, 2024

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Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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Follow The Distributed

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\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 3, 2024

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August 15, 2024

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\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

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August 15, 2024

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\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 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
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

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August 15, 2024

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\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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Type your email here

Follow The Distributed

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\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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

December 3, 2024

Artificial Intelligence

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August 15, 2024

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\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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Type your email here

Follow The Distributed

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\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

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August 15, 2024

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\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 … 62 63 64 65 66 … 85 Next

Most Read

Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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By subscribing, you agree with our privacy and terms.

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The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 National Police Agency (NPA) and Financial Services Agency (FSA) of Japan released a public advisory statement<\/a> on October 14 warning the nation's crypto-asset enterprises to be wary of \"phishing\" attacks by the hacking gang aimed at stealing crypto assets.<\/li><\/ul>\n\n\n\n
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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
Lazarus, a hacker group, backed by North Korea, has been sending phishing emails to employees of Japanese cryptocurrency exchanges in an effort to infect their computers with malware, according to a report last week from Japan's National Police Agency.<\/p>\n\n\n\n
The National Police Agency (NPA) and Financial Services Agency (FSA) of Japan released a public advisory statement<\/a> on October 14 warning the nation's crypto-asset enterprises to be wary of \"phishing\" attacks by the hacking gang aimed at stealing crypto assets.<\/li><\/ul>\n\n\n\n
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

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\n
See Related:<\/strong><\/em> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-intends-to-bring-ethereum-smart-contracts-to-its-blockchain","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/decentralized-applications-dapps\/","post_modified":"2023-04-10 18:49:10","post_modified_gmt":"2023-04-10 08:49:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7677,"post_author":"10","post_date":"2022-10-18 21:30:20","post_date_gmt":"2022-10-18 10:30:20","post_content":"\n
Lazarus, a hacker group, backed by North Korea, has been sending phishing emails to employees of Japanese cryptocurrency exchanges in an effort to infect their computers with malware, according to a report last week from Japan's National Police Agency.<\/p>\n\n\n\n
The National Police Agency (NPA) and Financial Services Agency (FSA) of Japan released a public advisory statement<\/a> on October 14 warning the nation's crypto-asset enterprises to be wary of \"phishing\" attacks by the hacking gang aimed at stealing crypto assets.<\/li><\/ul>\n\n\n\n
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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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Altcoins

Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

October 20, 2022 - Updated on April 10, 2023

Artificial Intelligence

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December 3, 2024

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August 15, 2024

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\n
The Chief Technology Officer of Ripple, David Schwartz, told CoinDesk that the EVM sidechain will be added to the XRPL mainnet by 2023. He further said, \u201cThe bridge<\/a> in the final solution will be decentralized, and all components of the solution will be production ready to handle real-world scale and use cases.\u201d<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-intends-to-bring-ethereum-smart-contracts-to-its-blockchain","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/decentralized-applications-dapps\/","post_modified":"2023-04-10 18:49:10","post_modified_gmt":"2023-04-10 08:49:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7677,"post_author":"10","post_date":"2022-10-18 21:30:20","post_date_gmt":"2022-10-18 10:30:20","post_content":"\n
Lazarus, a hacker group, backed by North Korea, has been sending phishing emails to employees of Japanese cryptocurrency exchanges in an effort to infect their computers with malware, according to a report last week from Japan's National Police Agency.<\/p>\n\n\n\n
The National Police Agency (NPA) and Financial Services Agency (FSA) of Japan released a public advisory statement<\/a> on October 14 warning the nation's crypto-asset enterprises to be wary of \"phishing\" attacks by the hacking gang aimed at stealing crypto assets.<\/li><\/ul>\n\n\n\n
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 the announcement, the third phase, which will see the complete launch of the RippleX software, is planned for Q2 of 2023. The second phase will see the sidechain become permissionless, enabling anybody to join.<\/div><\/li><\/ul>\n\n\n\n
The Chief Technology Officer of Ripple, David Schwartz, told CoinDesk that the EVM sidechain will be added to the XRPL mainnet by 2023. He further said, \u201cThe bridge<\/a> in the final solution will be decentralized, and all components of the solution will be production ready to handle real-world scale and use cases.\u201d<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-intends-to-bring-ethereum-smart-contracts-to-its-blockchain","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/decentralized-applications-dapps\/","post_modified":"2023-04-10 18:49:10","post_modified_gmt":"2023-04-10 08:49:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7677,"post_author":"10","post_date":"2022-10-18 21:30:20","post_date_gmt":"2022-10-18 10:30:20","post_content":"\n
Lazarus, a hacker group, backed by North Korea, has been sending phishing emails to employees of Japanese cryptocurrency exchanges in an effort to infect their computers with malware, according to a report last week from Japan's National Police Agency.<\/p>\n\n\n\n
The National Police Agency (NPA) and Financial Services Agency (FSA) of Japan released a public advisory statement<\/a> on October 14 warning the nation's crypto-asset enterprises to be wary of \"phishing\" attacks by the hacking gang aimed at stealing crypto assets.<\/li><\/ul>\n\n\n\n
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 Ripple, the newly released EVM sidechain aims to be the first phase in a three-part process to provide a permissionless EVM-compatible sidechain to the XRP community.<\/div><\/li><\/ul>\n\n\n\n
According to the announcement, the third phase, which will see the complete launch of the RippleX software, is planned for Q2 of 2023. The second phase will see the sidechain become permissionless, enabling anybody to join.<\/div><\/li><\/ul>\n\n\n\n
The Chief Technology Officer of Ripple, David Schwartz, told CoinDesk that the EVM sidechain will be added to the XRPL mainnet by 2023. He further said, \u201cThe bridge<\/a> in the final solution will be decentralized, and all components of the solution will be production ready to handle real-world scale and use cases.\u201d<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-intends-to-bring-ethereum-smart-contracts-to-its-blockchain","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/decentralized-applications-dapps\/","post_modified":"2023-04-10 18:49:10","post_modified_gmt":"2023-04-10 08:49:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7677,"post_author":"10","post_date":"2022-10-18 21:30:20","post_date_gmt":"2022-10-18 10:30:20","post_content":"\n
Lazarus, a hacker group, backed by North Korea, has been sending phishing emails to employees of Japanese cryptocurrency exchanges in an effort to infect their computers with malware, according to a report last week from Japan's National Police Agency.<\/p>\n\n\n\n
The National Police Agency (NPA) and Financial Services Agency (FSA) of Japan released a public advisory statement<\/a> on October 14 warning the nation's crypto-asset enterprises to be wary of \"phishing\" attacks by the hacking gang aimed at stealing crypto assets.<\/li><\/ul>\n\n\n\n
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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
Permissionless EVM-Compatible Sidechain On XRPL<\/strong><\/h2>\n\n\n\n
According to Ripple, the newly released EVM sidechain aims to be the first phase in a three-part process to provide a permissionless EVM-compatible sidechain to the XRP community.<\/div><\/li><\/ul>\n\n\n\n
According to the announcement, the third phase, which will see the complete launch of the RippleX software, is planned for Q2 of 2023. The second phase will see the sidechain become permissionless, enabling anybody to join.<\/div><\/li><\/ul>\n\n\n\n
The Chief Technology Officer of Ripple, David Schwartz, told CoinDesk that the EVM sidechain will be added to the XRPL mainnet by 2023. He further said, \u201cThe bridge<\/a> in the final solution will be decentralized, and all components of the solution will be production ready to handle real-world scale and use cases.\u201d<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-intends-to-bring-ethereum-smart-contracts-to-its-blockchain","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/decentralized-applications-dapps\/","post_modified":"2023-04-10 18:49:10","post_modified_gmt":"2023-04-10 08:49:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7677,"post_author":"10","post_date":"2022-10-18 21:30:20","post_date_gmt":"2022-10-18 10:30:20","post_content":"\n
Lazarus, a hacker group, backed by North Korea, has been sending phishing emails to employees of Japanese cryptocurrency exchanges in an effort to infect their computers with malware, according to a report last week from Japan's National Police Agency.<\/p>\n\n\n\n
The National Police Agency (NPA) and Financial Services Agency (FSA) of Japan released a public advisory statement<\/a> on October 14 warning the nation's crypto-asset enterprises to be wary of \"phishing\" attacks by the hacking gang aimed at stealing crypto assets.<\/li><\/ul>\n\n\n\n
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

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\n
\nhttps:\/\/twitter.com\/Peersyst\/status\/1582014047838695424?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\n<\/div><\/figure>\n\n\n\n
Permissionless EVM-Compatible Sidechain On XRPL<\/strong><\/h2>\n\n\n\n
According to Ripple, the newly released EVM sidechain aims to be the first phase in a three-part process to provide a permissionless EVM-compatible sidechain to the XRP community.<\/div><\/li><\/ul>\n\n\n\n
According to the announcement, the third phase, which will see the complete launch of the RippleX software, is planned for Q2 of 2023. The second phase will see the sidechain become permissionless, enabling anybody to join.<\/div><\/li><\/ul>\n\n\n\n
The Chief Technology Officer of Ripple, David Schwartz, told CoinDesk that the EVM sidechain will be added to the XRPL mainnet by 2023. He further said, \u201cThe bridge<\/a> in the final solution will be decentralized, and all components of the solution will be production ready to handle real-world scale and use cases.\u201d<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-intends-to-bring-ethereum-smart-contracts-to-its-blockchain","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/decentralized-applications-dapps\/","post_modified":"2023-04-10 18:49:10","post_modified_gmt":"2023-04-10 08:49:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7677,"post_author":"10","post_date":"2022-10-18 21:30:20","post_date_gmt":"2022-10-18 10:30:20","post_content":"\n
Lazarus, a hacker group, backed by North Korea, has been sending phishing emails to employees of Japanese cryptocurrency exchanges in an effort to infect their computers with malware, according to a report last week from Japan's National Police Agency.<\/p>\n\n\n\n
The National Police Agency (NPA) and Financial Services Agency (FSA) of Japan released a public advisory statement<\/a> on October 14 warning the nation's crypto-asset enterprises to be wary of \"phishing\" attacks by the hacking gang aimed at stealing crypto assets.<\/li><\/ul>\n\n\n\n
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

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\n
See Related: <\/strong><\/em>MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Peersyst\/status\/1582014047838695424?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\n<\/div><\/figure>\n\n\n\n
Permissionless EVM-Compatible Sidechain On XRPL<\/strong><\/h2>\n\n\n\nAccording to Ripple, the newly released EVM sidechain aims to be the first phase in a three-part process to provide a permissionless EVM-compatible sidechain to the XRP community.<\/div><\/li><\/ul>\n\n\n\n
According to the announcement, the third phase, which will see the complete launch of the RippleX software, is planned for Q2 of 2023. The second phase will see the sidechain become permissionless, enabling anybody to join.<\/div><\/li><\/ul>\n\n\n\n
The Chief Technology Officer of Ripple, David Schwartz, told CoinDesk that the EVM sidechain will be added to the XRPL mainnet by 2023. He further said, \u201cThe bridge<\/a> in the final solution will be decentralized, and all components of the solution will be production ready to handle real-world scale and use cases.\u201d<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-intends-to-bring-ethereum-smart-contracts-to-its-blockchain","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/decentralized-applications-dapps\/","post_modified":"2023-04-10 18:49:10","post_modified_gmt":"2023-04-10 08:49:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7677,"post_author":"10","post_date":"2022-10-18 21:30:20","post_date_gmt":"2022-10-18 10:30:20","post_content":"\n
Lazarus, a hacker group, backed by North Korea, has been sending phishing emails to employees of Japanese cryptocurrency exchanges in an effort to infect their computers with malware, according to a report last week from Japan's National Police Agency.<\/p>\n\n\n\n
The National Police Agency (NPA) and Financial Services Agency (FSA) of Japan released a public advisory statement<\/a> on October 14 warning the nation's crypto-asset enterprises to be wary of \"phishing\" attacks by the hacking gang aimed at stealing crypto assets.<\/li><\/ul>\n\n\n\n
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

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\n
As a result, Ripple users would soon have access to Web3 wallets like MetaMask, and XUMM Wallet.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Peersyst\/status\/1582014047838695424?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\n<\/div><\/figure>\n\n\n\n
Permissionless EVM-Compatible Sidechain On XRPL<\/strong><\/h2>\n\n\n\nAccording to Ripple, the newly released EVM sidechain aims to be the first phase in a three-part process to provide a permissionless EVM-compatible sidechain to the XRP community.<\/div><\/li><\/ul>\n\n\n\n
According to the announcement, the third phase, which will see the complete launch of the RippleX software, is planned for Q2 of 2023. The second phase will see the sidechain become permissionless, enabling anybody to join.<\/div><\/li><\/ul>\n\n\n\n
The Chief Technology Officer of Ripple, David Schwartz, told CoinDesk that the EVM sidechain will be added to the XRPL mainnet by 2023. He further said, \u201cThe bridge<\/a> in the final solution will be decentralized, and all components of the solution will be production ready to handle real-world scale and use cases.\u201d<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-intends-to-bring-ethereum-smart-contracts-to-its-blockchain","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/decentralized-applications-dapps\/","post_modified":"2023-04-10 18:49:10","post_modified_gmt":"2023-04-10 08:49:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7677,"post_author":"10","post_date":"2022-10-18 21:30:20","post_date_gmt":"2022-10-18 10:30:20","post_content":"\n
Lazarus, a hacker group, backed by North Korea, has been sending phishing emails to employees of Japanese cryptocurrency exchanges in an effort to infect their computers with malware, according to a report last week from Japan's National Police Agency.<\/p>\n\n\n\n
The National Police Agency (NPA) and Financial Services Agency (FSA) of Japan released a public advisory statement<\/a> on October 14 warning the nation's crypto-asset enterprises to be wary of \"phishing\" attacks by the hacking gang aimed at stealing crypto assets.<\/li><\/ul>\n\n\n\n
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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 group of XRPL developers known as RippleX and blockchain software provider Peersyst announced the introduction of an EVM<\/a>-compatible sidechain on the XRP Ledger in a tweet on October 17.<\/li><\/ul>\n\n\n\n
As a result, Ripple users would soon have access to Web3 wallets like MetaMask, and XUMM Wallet.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Peersyst\/status\/1582014047838695424?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\n<\/div><\/figure>\n\n\n\n
Permissionless EVM-Compatible Sidechain On XRPL<\/strong><\/h2>\n\n\n\nAccording to Ripple, the newly released EVM sidechain aims to be the first phase in a three-part process to provide a permissionless EVM-compatible sidechain to the XRP community.<\/div><\/li><\/ul>\n\n\n\n
According to the announcement, the third phase, which will see the complete launch of the RippleX software, is planned for Q2 of 2023. The second phase will see the sidechain become permissionless, enabling anybody to join.<\/div><\/li><\/ul>\n\n\n\n
The Chief Technology Officer of Ripple, David Schwartz, told CoinDesk that the EVM sidechain will be added to the XRPL mainnet by 2023. He further said, \u201cThe bridge<\/a> in the final solution will be decentralized, and all components of the solution will be production ready to handle real-world scale and use cases.\u201d<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-intends-to-bring-ethereum-smart-contracts-to-its-blockchain","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/decentralized-applications-dapps\/","post_modified":"2023-04-10 18:49:10","post_modified_gmt":"2023-04-10 08:49:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7677,"post_author":"10","post_date":"2022-10-18 21:30:20","post_date_gmt":"2022-10-18 10:30:20","post_content":"\n
Lazarus, a hacker group, backed by North Korea, has been sending phishing emails to employees of Japanese cryptocurrency exchanges in an effort to infect their computers with malware, according to a report last week from Japan's National Police Agency.<\/p>\n\n\n\n
The National Police Agency (NPA) and Financial Services Agency (FSA) of Japan released a public advisory statement<\/a> on October 14 warning the nation's crypto-asset enterprises to be wary of \"phishing\" attacks by the hacking gang aimed at stealing crypto assets.<\/li><\/ul>\n\n\n\n
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

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\n
This development is expected to expand utility, make the chain permissionless, and enhance scalability. The sidechain<\/a> aims to process 1,000 transactions per second (TPS). The Ethereum Virtual Machine (EVM)-compatible XRP Ledger sidechain will enter its second phase in early 2023<\/li><\/ul>\n\n\n\n
A group of XRPL developers known as RippleX and blockchain software provider Peersyst announced the introduction of an EVM<\/a>-compatible sidechain on the XRP Ledger in a tweet on October 17.<\/li><\/ul>\n\n\n\n
As a result, Ripple users would soon have access to Web3 wallets like MetaMask, and XUMM Wallet.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Peersyst\/status\/1582014047838695424?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\n<\/div><\/figure>\n\n\n\n
Permissionless EVM-Compatible Sidechain On XRPL<\/strong><\/h2>\n\n\n\nAccording to Ripple, the newly released EVM sidechain aims to be the first phase in a three-part process to provide a permissionless EVM-compatible sidechain to the XRP community.<\/div><\/li><\/ul>\n\n\n\n
According to the announcement, the third phase, which will see the complete launch of the RippleX software, is planned for Q2 of 2023. The second phase will see the sidechain become permissionless, enabling anybody to join.<\/div><\/li><\/ul>\n\n\n\n
The Chief Technology Officer of Ripple, David Schwartz, told CoinDesk that the EVM sidechain will be added to the XRPL mainnet by 2023. He further said, \u201cThe bridge<\/a> in the final solution will be decentralized, and all components of the solution will be production ready to handle real-world scale and use cases.\u201d<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-intends-to-bring-ethereum-smart-contracts-to-its-blockchain","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/decentralized-applications-dapps\/","post_modified":"2023-04-10 18:49:10","post_modified_gmt":"2023-04-10 08:49:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7677,"post_author":"10","post_date":"2022-10-18 21:30:20","post_date_gmt":"2022-10-18 10:30:20","post_content":"\n
Lazarus, a hacker group, backed by North Korea, has been sending phishing emails to employees of Japanese cryptocurrency exchanges in an effort to infect their computers with malware, according to a report last week from Japan's National Police Agency.<\/p>\n\n\n\n
The National Police Agency (NPA) and Financial Services Agency (FSA) of Japan released a public advisory statement<\/a> on October 14 warning the nation's crypto-asset enterprises to be wary of \"phishing\" attacks by the hacking gang aimed at stealing crypto assets.<\/li><\/ul>\n\n\n\n
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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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Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain

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\n
Interaction with Ethereum-compatible decentralized applications<\/a> (dApps) and smart contracts<\/a> will be authorized with the start of the test phase of Ripple\u2019s new XRP Ledger (XRPL) sidechain.<\/p>\n\n\n\n
This development is expected to expand utility, make the chain permissionless, and enhance scalability. The sidechain<\/a> aims to process 1,000 transactions per second (TPS). The Ethereum Virtual Machine (EVM)-compatible XRP Ledger sidechain will enter its second phase in early 2023<\/li><\/ul>\n\n\n\n
A group of XRPL developers known as RippleX and blockchain software provider Peersyst announced the introduction of an EVM<\/a>-compatible sidechain on the XRP Ledger in a tweet on October 17.<\/li><\/ul>\n\n\n\n
As a result, Ripple users would soon have access to Web3 wallets like MetaMask, and XUMM Wallet.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users<\/a><\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Peersyst\/status\/1582014047838695424?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\n<\/div><\/figure>\n\n\n\n
Permissionless EVM-Compatible Sidechain On XRPL<\/strong><\/h2>\n\n\n\nAccording to Ripple, the newly released EVM sidechain aims to be the first phase in a three-part process to provide a permissionless EVM-compatible sidechain to the XRP community.<\/div><\/li><\/ul>\n\n\n\n
According to the announcement, the third phase, which will see the complete launch of the RippleX software, is planned for Q2 of 2023. The second phase will see the sidechain become permissionless, enabling anybody to join.<\/div><\/li><\/ul>\n\n\n\n
The Chief Technology Officer of Ripple, David Schwartz, told CoinDesk that the EVM sidechain will be added to the XRPL mainnet by 2023. He further said, \u201cThe bridge<\/a> in the final solution will be decentralized, and all components of the solution will be production ready to handle real-world scale and use cases.\u201d<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Ripple Intends To Bring Ethereum Smart Contracts To Its Blockchain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-intends-to-bring-ethereum-smart-contracts-to-its-blockchain","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/decentralized-applications-dapps\/","post_modified":"2023-04-10 18:49:10","post_modified_gmt":"2023-04-10 08:49:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7677,"post_author":"10","post_date":"2022-10-18 21:30:20","post_date_gmt":"2022-10-18 10:30:20","post_content":"\n
Lazarus, a hacker group, backed by North Korea, has been sending phishing emails to employees of Japanese cryptocurrency exchanges in an effort to infect their computers with malware, according to a report last week from Japan's National Police Agency.<\/p>\n\n\n\n
The National Police Agency (NPA) and Financial Services Agency (FSA) of Japan released a public advisory statement<\/a> on October 14 warning the nation's crypto-asset enterprises to be wary of \"phishing\" attacks by the hacking gang aimed at stealing crypto assets.<\/li><\/ul>\n\n\n\n
In the statement, the police and the FSA of Japan requested that local cryptocurrency businesses be on the lookout for such attempts and store their private keys<\/a> offline. The authorities, however, withheld information about the specific businesses subjected to these phishing attacks<\/a> or compromised.<\/li><\/ul>\n\n\n\n
The group's activities have compromised various computer systems allowing them to steal cryptocurrencies.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> SCAM: Deepfake Of Elon Musk Promoting BitVex<\/a><\/p>\n\n\n\n
Who Are Lazarus?<\/h2>\n\n\n\n
The Lazarus Group, a North Korean government-backed hacking organization with financial motivations, is best known for the high-profile Sony hack in 2016 and the WannaCry ransomware attack in 2017.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Additionally, Lazarus is motivated by efforts to advance North Korean state goals, such as military research and development and circumvention of international sanctions.<\/div><\/li><\/ul>\n\n\n\n
The group has recently focused on blockchain and cryptocurrency enterprises. It has been connected<\/a> to the recent loss of $100 million in cryptocurrency from Harmony's Horizon Bridge and the $625 million theft of cryptocurrency from the Ronin Network.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy<\/a><\/p>\n","post_title":"Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"lazarus-the-north-korean-hacker-group-involved-in-recent-japanese-phishing-scam","to_ping":"","pinged":"","post_modified":"2022-10-19 21:44:08","post_modified_gmt":"2022-10-19 10:44:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7677","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7679,"post_author":"10","post_date":"2022-10-18 21:25:31","post_date_gmt":"2022-10-18 10:25:31","post_content":"\n
More than $1.2 million was generated during the Girles Token presale, much to the joy of investors.<\/p>\n\n\n\n
The decentralized NFT GameFi Girles Token<\/a> <\/a>is now available for presale to all investors. Early-stage investors can receive up to 200% more favorable terms than later-stage inventors. Girles token is the primary product, and other products include P2E Alliance, NFT<\/a>, Metaverse, and Staking<\/a> Contracts<\/a>.<\/li><\/ul>\n\n\n\n
Girles Token takes security very seriously, which is why they have implemented all current security features like Anti-Whale, Auto-Liquidity, Fees Limit, Non-Mintable, Blacklist Function, Non-Stoppable Without Transfer of Ownership Function, and Auto-Burning<\/a>.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Girles Token Project Successfully Raised Over $1.2 Million In Presale<\/a><\/p>\n\n\n\n
The Girles Project Vision And Mission<\/h2>\n\n\n\n
The Girles<\/a> Metaverse team is creating a P2E server in Minecraft where investors can play to earn real money by fulfilling tasks. Given that Minecraft is one of the most popular video games worldwide, the development team is certain that this innovation will greatly expand the cryptocurrency community and draw in new investors.<\/li><\/ul>\n\n\n\n
The NFT Market acts as where investors can mint NFTs, hold them, and purchase or sell them. Since the team is continually trying to develop the community and improve the NFTs' tokenomics<\/a>, those tokens have room to grow.<\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Play To Earn \u2013 Is The Future Of Gaming On The Blockchain?<\/a><\/p>\n","post_title":"The Girles Token Project And Its P2E Minecraft Server","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-girles-token-project-raises-over-1-2-million-in-presale","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/play-to-earn\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/","post_modified":"2023-04-30 21:29:39","post_modified_gmt":"2023-04-30 11:29:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7679","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7661,"post_author":"8","post_date":"2022-10-17 01:13:53","post_date_gmt":"2022-10-16 14:13:53","post_content":"\n
G\u00fcnay Caymaz is a senior crypto analyst at investing.com<\/em><\/a>. In his latest crypto analysis report<\/a>, he revealed there is a possibility both Bitcoin and Ethereum can enter a short-term bullish trend which may last until Fed\u2019s new rate decision.<\/p>\n\n\n\n
Caymaz<\/a> indicated the highly anticipated US inflation data yesterday. Volatility in the crypto markets increased significantly. Bitcoin (BTC) and Ethereum (ETH), like US stocks, initially fell, only to rebound substantially higher later, extending the positive sentiment into the Asian trading session.
<\/li>
According to the recent FOMC minutes, the US Central Bank will most likely maintain its hawkish stance for the time being. \u201cSince the market reacted positively yesterday, a short-term relief rally in risky markets, including the crypto market, is likely before the Fed's next rate decision in November,\u201d<\/em> he stated.
<\/li>
Bitcoin hiked toward $20,000 after falling as low as $18,190 in the previous 24 hours. After testing below $1,200, Ethereum quickly returned to the $1,300 range. Both cryptocurrencies experienced remarkable lows recently, showing a possibility to turn bullish but with a short lifeline.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
G\u00fcnay Caymaz illustrates key price levels to watch for Bitcoin (BTC). Source: Investing.Com\/Analysis<\/figcaption><\/figure>\n","post_title":"There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"there-may-be-a-short-term-relief-for-bitcoin-btc-and-ethereum-eth-ahead-of-feds-rate-decision-crypto-analyst-gunay-caymaz","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:33","post_modified_gmt":"2023-04-10 08:49:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7661","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7623,"post_author":"8","post_date":"2022-10-14 18:01:07","post_date_gmt":"2022-10-14 07:01:07","post_content":"\n
Cameron Fous<\/a>, a prominent crypto analyst and trading coach, expects a major Bitcoin price crash following the upcoming Fed announcements. Also, his technical analysis suggests a long-term bearish trend is imminent in cryptocurrency markets<\/a>.<\/p>\n\n\n\n
Cameron Fous has recently uploaded on his youtube<\/a><\/a><\/span> channel, discussing the possible impact of the next CPI and Fed announcements on Bitcoin and crypto markets. \u201cWhatever the CPI numbers are could trigger Bitcoin price to move down to 20K. If we do drop from a thousand points in the US30, that could potentially be the thousand-point move that triggers a sell-off and a breakdown of this support that's been holding up on bitcoin,\u201d<\/em> he stated.<\/li><\/ul>\n\n\n\n
The cryptocurrency market is free-falling downward. Jumping into the market now in hopes of a bounce could result in severe losses. Key levels have been established to determine where the decrease in cryptocurrency prices may flatten.<\/li><\/ul>\n\n\n\n
According to his analysis, if Bitcoin fails to exceed 28K, the price may hit a new low of around 18K - 20K, which may initiate a long-term bearish rally. However, he believes most investors still struggle to determine the ultimate support for BTC. \u201cWe're not finding any support, and the reason why we're not finding any support is because the numbers aren't out yet. So, people are kind of still sitting around, waiting until what's going to happen on Wednesday and Thursday when the CPI and PPI numbers come out,\u201d<\/em> he added.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n
$\"Cameron$
Cameron Fous illustrates the critical support zone for Bitcoin. Source: YouTube\/Cameron Fous<\/figcaption><\/figure>\n","post_title":"Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-may-hit-below-18k-following-upcoming-fed-data-crypto-analyst-cameron-fous","to_ping":"","pinged":"","post_modified":"2023-04-10 18:50:03","post_modified_gmt":"2023-04-10 08:50:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7596,"post_author":"10","post_date":"2022-10-12 19:16:15","post_date_gmt":"2022-10-12 08:16:15","post_content":"\n
The Middle East Blockchain Awards (MEBA) premier edition will take place in Palm Garden in five-star W Abu Dhabi - Yas Island on November 18, 2022.<\/p>\n\n\n\n
Due to the UAE leadership's unwavering commitment to blockchain and digital transformation growth and innovation, Abu Dhabi was chosen as the awards' first host city.<\/li><\/ul>\n\n\n\n
Hoko Agency Middle East<\/a> will host the Awards in association with Abu Dhabi Global Market\u2019s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).<\/li><\/ul>\n\n\n\n
High-profile people from around the GCC will attend the black-tie event, which promises an amazing evening of acknowledgment, insight, and entertainment.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Nexus Dubai Projects: a Whole New Defi World Unveils<\/a><\/p>\n\n\n\n
Middle East Blockchain Awards: The Judges and Awards<\/h2>\n\n\n\n
Judges include Dr. Marwan Al Zarouni, CEO of Dubai Blockchain Centre (DBCC) Jehanzeb Awan, Board Member of MEAACBA, Founding Partner and CEO of J. Awan and Partners, Miriam Kiwan, Former Head of Digital Assets at ADGM, Board Member at BlackOack Global, Misha Hanin, Co-founder, and CEO of BEDU, Saqr Ereiqat, Co-Founder and CCO of Crypto Oasis, Matthew Amlot, Managing Editor of Arabian Busines<\/div><\/li><\/ul>\n\n\n\n
The awards, judged by a distinguished team of professionals, will honor industry leaders. Best Mobile Crypto Wallet 2022, Best NFT & Gamefi Project 2022, Best NFT Marketplace 2022, Most Influential Global Crypto News Service 2022, Most Influential Woman in Blockchain & Crypto 2022, Most Innovative Defi Platform 2022, Most Powerful CEX 2022, Most Promising DEX to Watch 2022, and Most Promising ESG Crypto Pro are among the categories for awards<\/a>. Other categories include Most Influential CEO in Blockchain & Crypto and Most Influential CMO<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Granted Minimal Viable Product In Dubai<\/a><\/p>\n","post_title":"Abu Dhabi to hold the First Middle East Blockchain Awards","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"abu-dhabi-to-hold-the-first-middle-east-blockchain-awards","to_ping":"","pinged":"","post_modified":"2022-10-12 19:18:50","post_modified_gmt":"2022-10-12 08:18:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7596","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7584,"post_author":"10","post_date":"2022-10-12 17:39:54","post_date_gmt":"2022-10-12 06:39:54","post_content":"\n
Dapper Labs, a leading blockchain company, has terminated payment services for holders of non-fungible tokens<\/a> with ties to Russia, citing EU sanctions in a blog post.<\/p>\n\n\n\n
According to the firm's announcement<\/a>, users subject to the penalties will retain ownership of their NFTs and monies, however, they will not be able to transfer or utilize them in any way. Any NFT that an affected user previously bought still belongs to that user, despite the new regulation.<\/li><\/ul>\n\n\n\n
This decision has gotten a mixed response from the cryptocurrency community. Some members said that the issue was entirely outside the firm's control. In contrast, others claimed these restrictions were against cryptocurrencies' decentralization and censorship-resistant features.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Russian Government To Legalize Crypto For Cross-Border Payments<\/a><\/p>\n\n\n\n
EU Sanctions Against Russia<\/h2>\n\n\n\n
The EU sanctions constitute a step forward from earlier limitations on cryptocurrencies in April<\/a>. The supply of crypto-asset wallets, accounts, and custody services is prohibited under the most recent round of EU sanctions on Russia, announced on October 6. This prohibition applies regardless of the overall value of the assets.<\/li><\/ul>\n\n\n\n
According to a press release<\/a> from the EU, current restrictions on bitcoin assets have been enhanced by prohibiting services regardless of the value of a wallet. This was previously restricted to \u20ac10,000.<\/li><\/ul>\n\n\n\n
The harsher penalties are meant as retaliation for \"Russia's continuous escalation and unlawful war against Ukraine.\" This includes the mobilization of more soldiers and the blatant use of nuclear threats.<\/li><\/ul>\n\n\n\n
The penalties which target the Russian government, economy, and international target, include financial sanctions against banning the operations of crypto firms in Russia.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin Overtakes The Russian Ruble In Value<\/a><\/p>\n","post_title":"Dapper Labs Places Limits On Russian Users' NFTs Following EU Sanctions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dapper-labs-places-limits-on-russian-users-nfts-following-eu-sanctions","to_ping":"","pinged":"","post_modified":"2022-10-12 17:41:04","post_modified_gmt":"2022-10-12 06:41:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7563,"post_author":"8","post_date":"2022-10-10 22:06:57","post_date_gmt":"2022-10-10 11:06:57","post_content":"\n
Technical Analyst and the founder of Crypto Bootcamp Challenge, Tony Montpeirous, has recently posted a cryptocurrency market update<\/a> on FXSTREET, where he openly discussed forthcoming obstacles for Bitcoin, Ethereum, and Ripple investors.<\/p>\n\n\n\n
In the first week of October, the bulls have broken through the 21-day simple and exponential moving averages. This concept lends credence to the notion that a countertrend rally is likely to take place. Tony Montpeirous stated<\/a>, \u201cBTC could continue to produce range-bound price action before a definitive influx of volatility pours over to one side of the boat and gives it direction<\/em>.<\/strong>\u201d
<\/li>
The price of Ethereum suggests that a much bigger counter-trend rise may already be underway. The stair-step ascent of the smart contract<\/a> token has resulted in a 24-hour profit of 7% for the bulls. The 21-day SMA acts as resistance just above the current price action, while the 8-day Exponential Moving Average (EMA) was successfully broken during the increase.
<\/li>
The price of Ripple, or XRP, is currently up 10% on the month as bulls enter the market to maintain support at the higher $0.40 level. XRP's price behavior has been range-bound after a strong 70% rise in September, which appears to have formed an ascending triangle pattern.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Beware of the Technical Factors that Can Destroy Bitcoin in the Next 5 Years, Crypto Market Specialist Steve Courtney<\/a><\/p>\n\n\n\n
$\"Crypto$
Tony Montpeirous has spotted a squeezing pattern of Bitcoin (BTC) price on the 8-hour chart. Source: FxStreet\/Cryptocurrency News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-ripple-are-about-to-experience-a-bumpy-ride-ahead-crypto-analyst-tony-montpeirous","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:50:57","post_modified_gmt":"2023-04-10 08:50:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7563","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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Cryptocurrencies

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There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed’s Rate Decision, Crypto Analyst Günay Caymaz

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October 14, 2022

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October 12, 2022

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