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🌐New TOP useful services in the crypto world 🌐

➡️CoinMarketCap — CoinMarketCap (address: https://coinmarketcap.com/) - one of the most popular resources for monitoring cryptocurrency charts and their market capitalization. The site provides a wealth of useful information such as the Bitcoin dominance index or cryptocurrency exchange trading volumes. CoinGecko (address: https://www.coingecko.com/ru) is an alternative to CoinMarketCap.

➡️Cryptopanic (address: https://cryptopanic.com/) — cryptocurrency news aggregator. The site publishes articles from leading foreign cryptocurrency websites in real-time on a daily basis.

➡️Tradingview (address: https://ru.tradingview.com/) — a leading website providing access to charts and ideas about cryptocurrency and stock exchange. Testing indicators and publishing your trading ideas, as well as an online chat for traders.

➡️Coinmarketcal (address: https://coinmarketcal.com/en/) — cryptocurrency calendar displaying important events and their dates. On the calendar website, you can track network updates, mainnet launches, hard forks, and other important events.

➡️Alternative (address: https://alternative.me/crypto/fear-and-greed-index/) — fear and greed index, updated daily and can be viewed on this website.

➡️ForkLog (address: https://forklog.com/) — a magazine about cryptocurrencies, blockchain technology, and the digital economy. Founded in 2014. The magazine's website and official Telegram channel publish cryptocurrency news and analytical materials. In addition, the ForkLog team publishes exclusive cryptocurrency materials and crypto forecasts.


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📌Our goal is to help collect donations in cryptocurrency and assist people in need.

We gather donations for individuals facing difficult life situations, accept applications for personal assistance, and conduct fraud examinations.

To make a donation and learn more about charity, you can follow the link below⬇️
🔔 News from the past week


💎 Cryptocurrency

🟢 Bybit opened premarket of the Notcoin token

🟢 Keith sold 17,770 ETH for $62.24 million at the rate of $3,500, which he bought in 2017 at an average price of $182

🟢 The number of validators in the Ethereum network has exceeded 1 million

🟢 Study: The Tron network accounts for 45% of all illegal crypto transactions

🟢 Investment company Bitwise has submitted an application for a spot ETH ETF

🟢 Curly Sam was found guilty of fraud and sentenced to 25 years in prison

🟢 US authorities have brought charges against the KuCoin crypto exchange for money laundering

🟢 Binance has joined to the international anti-money laundering organization Global Travel Rule Alliance


💼 Financial news

🟢 The price of cocoa exceeded for the first time in history $10k per ton

🟢 Deliveries in February iPhone to China fell by 33%

🟢 According to the final calculation, US GDP for the fourth quarter of 2024 grew by 3.4%


🔄 Regulation

🟢 The EU is conducting an investigation against Apple, Alphabet and Meta over possible violation of the Digital Markets Act

🟢 The adoption of laws on the regulation of cryptocurrencies in Ukraine has been postponed until the end of the year on the recommendation of the IMF

🟢 SEC demands a fine of $2 billion from Ripple


⚙️ Technologies

🟢 MicroStrategy presented Auto's own AI bot for corporate analytics

🟢 Elon Musk announced the release of a new version of the AI bot Grok -1.5 next week

🟢 DeFi Curio hacked for $16 million

🟢 Fraudsters carried out a $7 million phishing attack against clients of cryptobankrupts BlockFi and FTX

🟢 DeFi Prisma Finance was exploited, the damage was estimated at $11.6 million


#weeklynews
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Vitalik Buterin has outlined the scaling paths for Ethereum after Dencun 👍

📌Ethereum co-founder Vitalik Buterin has highlighted the need for internal scaling of the network and parallelizing the processing of rollups to further the success of the Dencun upgrade.

✅ He noted that over the past few years, Ethereum has evolved into an ecosystem focused on second-layer networks. In this regard, the roadmap envisions the implementation of a separate data availability space that will not be accessible to the EVM. This will significantly simplify and reduce the cost of transaction confirmation.

One direction could be the use of Data Availability Sampling (DAS) technology. It will allow nodes to verify the correctness of publication based on a small set of information.



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💲Varieties of Token Sales💲

Token sales come in three main types: ICO, IEO, and IDO, which are the most common. Although there are other variations, they generally reflect one of these three main models with some minor variations.

➡️ICO (Initial Coin Offering)

ICO, or Initial Coin Offering, is a token sale format that gained widespread popularity after the emergence of Ethereum in 2014, although the format itself was introduced a year earlier.

This type of event resembles an IPO (Initial Public Offering) and partly replicates the process of a new company going public. However, unlike an IPO where investors acquire a share in the company, in the case of an ICO, they receive an asset created by the project.


➡️IEO (Initial Exchange Offering)

IEO, or Initial Exchange Offering, is a token sale organized using a centralized cryptocurrency exchange. This format is more complex but also more stable than ICOs.

Unlike a typical crowdsale, where simply creating a website and a fundraising form would suffice, in the case of an IEO, the entire process is controlled by the exchange and conducted on its platform.


➡️IDO (Initial DEX Offering)

IDO, or Initial Decentralized Exchange Offering, is one of the most relevant methods of token sales at present. Unlike an IEO, here developers interact with a decentralized exchange (DEX) rather than a centralized service.

In this format, developers provide a reserve of their project's tokens to the exchange, as well as native DEX tokens, to create a liquidity pool for the new cryptocurrency pair.

🔔In the usual case, participation in a decentralized token sale is available only to participants who are on a "whitelist," which may be available under various conditions, including providing a cryptocurrency wallet address or performing marketing activities.



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🔔Start eco-mining right now on the Quan2um Halal exchange

No costs for equipment, electricity or maintenance. Invest BTCa coins - the BTC stablecoin, and receive rewards for maintaining the network!

⬇️ Register now and start eco-mining ⬇️
🟢Ripple plans to release its stablecoin, which will will be 100% backed by deposits in US dollars, short-term US government bonds and other cash equivalents

🟢Coinbase received a dealer license in Canada

🟢The Central Bank of England and the financial regulator launched a sandbox for testing trading in tokenized securities

🟢Galaxy launches a $100 million fund to invest in crypto startups

🟢SEC opens public comment period on spot ETH-ETFs


#crypto_tweets
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💰Google has launched a legal action against providers of deceptive bitcoin applications. 💰

💰 The Federal Court of New York will consider a lawsuit filed by Alphabet Inc., the parent company of Google, against two Chinese citizens who distributed and advertised fraudulent applications. According to Bloomberg, since 2019, wrongdoers have uploaded 87 applications on Google Play promising profits from cryptocurrency investments but actually absconded with all funds. These applications were advertised on YouTube and through messengers, attracting influencers.

🪙In total, the applications were downloaded over 100,000 times, and the extent of the damage is currently unknown. Google accuses the defendants of conspiring to extort money through online fraud. According to Immunefi, the crypto industry lost about $336.3 million in the first three months of 2024 due to hacking attacks and fraud.



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🌐Tether has printed 3,000,000,000 USDT since the beginning of April🌐

What does the Tether issuance process entail❔

🆎Tether issuance is the process by which Tether Ltd., the company behind the cryptocurrency USDT, creates new tokens. This process is akin to how a central bank prints money, hence the term "Tether printing." Tether is a stablecoin, meaning its value is pegged to a stable asset, in this case, the US dollar. Tether Ltd. claims that for every USDT token issued, there is a corresponding amount of US dollars in reserve.

How can Tether issuance affect the cryptocurrency market❔

💰Tether issuance can have a significant impact on the cryptocurrency market. It contributes to increased liquidity, allowing investors to have more funds for cryptocurrency trading. This can help stabilize prices and mitigate market volatility. However, Tether issuance can also influence the prices of other cryptocurrencies, including Bitcoin. The introduction of new USDT tokens often leads to a rise in the price of Bitcoin.



#infopost
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Support People and Charitable Foundations❤️

📌Our goal is to help collect donations in cryptocurrency and assist people in need.

We gather donations for individuals facing difficult life situations, accept applications for personal assistance, and conduct fraud examinations.

To make a donation and learn more about charity, you can follow the link below⬇️
🔔 News from the past week


💎 Cryptocurrency

🟢 Cryptobankrupt Genesis sold 36 million shares of GBTC and bought 32,041 BTC with the proceeds

🟢 Tether passed a security audit and bought another 8,888 BTC, now the company has 75,354 BTC

🟢 The Notcoin crypto project confirmed listing on April 20 and timed it to coincide with the BTC halving

🟢 Halving took place on the Bitcoin Cash network, reward for miners reduced to 3.125 BCH

🟢 Binance will stop supporting NFTs on the Bitcoin network

🟢 Grayscale sold all ADA and ATOM from the GDLC fund

🟢 Binance introduces mandatory KYC for all sub-accounts from May 20


💼 Financial news

🟢 Tesla for the first time in its history reported a quarterly decline in deliveries, from the beginning shares fell 32% this year

🟢 USA captures OPEC+ markets

🟢 Intel received $7 billion in losses on its own chip production

🟢 Unemployment in the US decreased to 3.8%

🟢 Chinese automaker SAIC lays off thousands of employees due to a 16% drop in sales


🔄 Regulation

🟢 Do Kwon and Terraform Labs found guilty of fraud in a New York court

🟢 In the UK they froze the assets of fake Craig Wright on $7.58 million so that he definitely pays for the lost trials


⚙️ Technologies

🟢 OpenAI has opened access to ChatGPT without registration

🟢 Microsoft announced about a breakthrough in quantum computing, which will bring it to commercial scale level

🟢 The CONDOM meme token on the Solana network scammed presale participants for $906k

🟢 The developers of the URF meme token stole 2,400 SOL ($450k) collected during the press sale


#weeklynews
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What is a blockchain explorer❔

❗️A blockchain explorer, or block explorer, is a website for visualizing blocks, transaction histories, and blockchain metrics. Each one contains information about a specific network. There is a separate explorer for each network. You cannot use the same explorer for Bitcoin and Ethereum simultaneously; that's why independent platforms like blockchain.com and etherscan.io exist.

Several block explorers can be gathered on one platform, but there will still be a separate explorer for each network.


An explorer can be likened to a search engine, but instead of searching the entire internet, you can find information within a specific blockchain.

Why are block explorers needed❔

➡️ To verify the security of assets in a wallet without accessing it, but by only viewing the up-to-date information about transactions.
➡️ To calculate transaction costs on the network.
➡️ You can check whether a payment has been sent and whether assets have been received in a specific wallet.
➡️ For tracking the activity of specific wallets. This can be useful for analyzing the actions of whales or exchanges. Analysts and journalists often use this.
➡️ Miners can verify the successful creation of a block.


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🔔Start eco-mining right now on the Quan2um Halal exchange

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🆎 Experts pointed out the lack of signs indicating the end of the bull market 🆎

📈 CryptoQuant analysts explained that even from a conservative point of view, one should expect new ATH (All-Time Highs).

Experts noted that only three months have passed since the formation of a large wave of new demand. In previous bull markets in 2017 and 2021, the formation of a cyclical peak occurred in the ninth and seventh months after this event.

🎯 Experts explained that similar observations are characteristic for other assets as well. The emergence of a new generation of investors is indicated by the reduction in the share of coins "aged" more than six months.

In another post, analysts concluded that the premium of the bitcoin price on Coinbase relative to the market as a whole (CPI) could serve as a signal for further increase in the value of the first cryptocurrency.



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🕋Congratulations on the recent great day - Eid al-Fitr!

🕌May the Almighty Allah accept your fasting, good deeds, and reward you generously for them! May all your hopes and expectations come true.

We wish you to be generous, sincere, to respect the feelings and faith of other people. Good health, warmth of soul, success, happiness, peace, and harmony to you and your loved ones!🤲
Support People and Charitable Foundations❤️

📌Our goal is to help collect donations in cryptocurrency and assist people in need.

We gather donations for individuals facing difficult life situations, accept applications for personal assistance, and conduct fraud examinations.

To make a donation and learn more about charity, you can follow the link below⬇️
🔔 News from the past week


💎 Cryptocurrency

🟢 Ethereum developers announced a new large-scale Pectra update at the end of the year

🟢 The Notcoin team announced the denomination of the NOT token immediately to 000 zero

🟢 Cardano leader Charles Hoskinson announced a major update to the Chang blockchain in the second quarter of 2024

🟢 SEC filed leading DEX exchange Uniswap

🟢 Kraken will delist Monero in Ireland and Belgium


💼 Financial news

🟢 Inflation in the USA for March amounted to 3.5% with a forecast of 3.4%

🟢 Producer prices in China again showed deflation, falling by 2.8%

🟢 The ECB kept the rate at 4.5%

🟢 Inflation in Ukraine decreased in March to 3.2%

🟢 BlackRock reported quarterly net inflow of $57 billion, assets under management amounted to $10.5 trillion


🔄 Regulation

🟢 SEC postponed consideration of applications for trading options on spot Bitcoin ETFs to May

🟢 The US Treasury Department requires from Congress an instrument for introducing secondary sanctions against crypto exchange

🟢 Tether has frozen an address with a balance of 9.98 million USDT


⚙️ Technologies

🟢 Google presented a new AI chip that is not inferior Nvidia developments

🟢 OpenAI presented a new version of GPT-4 Turbo that communicates as naturally as possible

🟢 The ETH browser Etherscan shows advertisements with phishing links

🟢 91% of meme tokens in the Base network have vulnerabilities, and every sixth project is a scam

🟢 Half of the presales on the Solana network turned out to be


#weeklynews
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🔔Start eco-mining right now on the Quan2um Halal exchange

No costs for equipment, electricity or maintenance. Invest BTCa coins - the BTC stablecoin, and receive rewards for maintaining the network!

⬇️ Register now and start eco-mining ⬇️
What is a smart contract❔

📈 A smart contract is a computer algorithm that monitors the terms of a transaction in a blockchain. Each contract contains code with specific conditions, and when these conditions are met, a known outcome is achieved. This process is automated and does not require the involvement of a third party.

🌐There are several types of smart contracts:

➡️ Payment contracts, which facilitate fund transfers under certain conditions.
➡️ Conditional deposit contracts, which hold assets until certain conditions are met.
➡️ Management contracts, which provide decentralized decision-making.
➡️ Multi-signature contracts, where multiple parties' approval is required to execute a transaction.

Smart contracts can also be classified based on various characteristics such as execution environment, degree of anonymity, and execution mechanism.

The advantages of smart contracts include process automation, reliability, security, and efficient transaction execution. However, a disadvantage is the inability to make changes after deployment on the blockchain, which can lead to vulnerabilities and security threats.

The application of smart contracts extends to various areas such as decentralized finance, DAOs, GameFi, and metaverses. The technology also generates interest in fields like medicine, logistics, education, and real estate.



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