Crypto California Club

04 октября 2023 14:31

🍵​​tea announces the launch of its incentivized testnet (ITN) in early 2024🍵

@teaprotocol is a decentralized technology protocol that rewards open-source developers for their software contributions. tea uses blockchain technology to support a digital token known as TEA. The tea protocol was co-founded by Max Howell, the creator of Homebrew—the software package manager used by tens of millions of developers worldwide.

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Crypto California Club

02 октября 2023 10:57

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Crypto California Club

30 сентября 2023 09:43

🐻 De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula’s Adviser

Brazil’s President Luiz Inacio Lula da Silva’s chief adviser on foreign policy, Celso Amorim, says China and Brazil “are coming closer together” and they could play important roles in building a less centralized world with no hegemony. Commenting on de-dollarization, he stressed: “I think it’s very important that we are free from the dominance of one single currency because sometimes it is used politically.”

China and Brazil have agreed to conduct trade in their respective currencies, rather than using the U.S. dollar. Additionally, both countries are part of the BRICS group that is reportedly working to create a new form of currency that will further shift them away from USD reliance.

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28 сентября 2023 09:29

Polygon to help fight NFT scams with Web3 infra protocol partnership.

Polygon partners with Wakweli, a Web3 infrastructure protocol that issues certificates of authenticity for NFTs to certify originality.

Wakweli, a Web3 infrastructure protocol that issues certificates of authenticity for nonfungible tokens (NFT), has officially partnered with layer-2 scaling platform Polygon to make NFT authentication possible.

The partnership between Polygon and Wakweli means all digital assets on Polygon will be compatible with Wakweli’s certification system. According to the announcement, every NFT project holder on the Polygon chain can request authenticity certificates for each asset.

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26 сентября 2023 17:11

🦁 ASIC Manufacturer Bitmain Unveils $38K File coin Mining Rig

Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency fileconn (FILE). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine.

In the announcement on Thursday, Bitmain stated that the on-rack file coinminer will be sold throughout the day on Friday for $38,888 per unit. Bitmain detailed that the machine offers 4,300T per unit and claims miners will begin earning immediately. While $38,888 is a high price for Bitmain ASIC rigs, it’s not the most expensive.

The company previously sold a GAS Miner KS3 with a hashrate of 8,300G for $49,800, although the machine is currently sold out.

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25 сентября 2023 09:48

👑 As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn

Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions represented a hefty 53.9% of all transaction activity on the Bitcoin network.

Fast forward to 8:15 a.m. Eastern Time on Monday morning August 21, 2023, a significant 25,620,164 Ordinal inscriptions now grace the Bitcoin blockchain. Just a day ago on Sunday, the network witnessed the minting of Ordinals spike to its second-highest volume ever with 411,511 inscriptions.

A recently published Dappradar report, which suggests a 97% drop in Ordinal inscription sales from their peak, has generated significant buzz and controversy. An X user, Trevor.btc, has questioned its accuracy. He cites data from Dune Analytics and Cryptoslam that show a decline of 67% to 68%.

In Trevor.btc’s words:

Did Ordinals speed-run a hype cycle? Absolutely. Is Ordinals volume down significantly compared to the peak? Yes. Could it go down further? Sure. But so what? The Ordinals market is no different than any other new asset in the space and no different from what we’ve seen on other NFT ecosystems. These things come and go in cycles.

Notably, NFT aficionado and founder of Ord, Leonidas, recently highlighted the substantial activity surrounding Ordinal inscriptions.

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22 сентября 2023 09:03

🐃 Biggest Movers: SHIB 10% Higher on Wednesday, SOL Records 10-Day High

Shiba inu rose by as much as 10% during today’s session, as bullish sentiment returned to cryptocurrency markets. The meme coin climbed to its highest point this week, with the global crypto market cap up nearly 2% as of writing. Solana was another big gainer, hitting a ten-day high on Wednesday.

Following a low of $0.000009027 on Tuesday, SHIB/USD rallied to an intraday peak at $0.00001002 earlier in today’s session. This is the second straight price rise for SHIB, and it has pushed the coin to its highest level since Sunday.

As a result of the surge in momentum, the 14–day relative strength index (RSI) has now collided with a ceiling at 66.00. SHIB/USD is now trading at $0.000009749.

Solana (SOL) remained in the green for a third consecutive session, as it continued its push towards $25.00. SOL/USD jumped to a high of $24.91 on Wednesday, a day after falling to a bottom at the $23.21 level.

Overall, this saw the cryptocurrency climb to a ten-day high, and close in on a collision with the $25.00 ceiling. This comes as the price strength nears its own resistance point at 60.00. It is currently reading at 58.27.

In the event it hits the 60.00 zone, there is a strong possibility solana will be trading above $25.00.

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21 сентября 2023 08:58

👑 NFT Sales Dip in June — Ethereum Dominates, Bitcoin Stumbles, and Bored Ape Rises

In June 2023, the sales of non-fungible tokens (NFTs) experienced a decline of 4.3% compared to the previous month. The latest figures show a slide from $739.50 million recorded in May to $707.70 million in June.

Data from cryptoslam reveals that NET sales in the previous month experienced a slight decrease compared to May.

Among 22 different networks, Bitcoin emerges as the second-highest blockchain in terms of sales. In June, BTC-based NFT sales amounted to $110.30 million, representing 15.60% of the total sales.

Completing the top five blockchains in terms of sales are Mythos and Polygon, trailing behind THE, BTC, and SOLD. However, both Mythos and Polygon experienced a decline in NFT sales during June compared to May.

In June, Uncategorized Ordinal NFT sales witnessed a notable increase of 1.44% compared to May.

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19 сентября 2023 10:31

🦁 Islamic Coin’s Reg D Public Token Offering Goes Live Ahead of its Exchanges Launch!

Before its grand entry on both centralized and decentralized exchanges coming later in September, Islamic Coin is offering a golden opportunity - to secure your ISLM tokens via Reg D at a better price.

Islamic Coin is a new crypto project that has designed to create ethical finance. The coin is the native currency of HAQQ Network, a blockchain with a POF algorithm and high transaction processing speed.

Islamic Coin will officially launch in September on several main CEX and DEX exchanges. But they have already secured $400M from private investments plus from ABO Digital and now is ready to go public.

According to the developers the project has a potential audience of over 2 billion holders and if at least 3% of this audience holds their token, the capitalization will be comparable to BTC. Currently they have the biggest Twitter account among crypto Muslim community with over 1.3M followers.

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17 сентября 2023 11:29

👑 Bitcoin Network Gears Up for Fourth Surge in Mining Difficulty Amid Record Highs and Unwavering Miners

The Bitcoin network has witnessed a consecutive surge in mining difficulty during the past three retargets, and now a fourth increase is slated for 2023. The block generation time, averaging less than ten minutes, indicates that the difficulty is projected to climb by an estimated 2.1% to 2.33% based on the latest statistics.

In just eight days, the Bitcoin network is poised to readjust the difficulty encountered by miners, and once more, an increase is on the horizon.

Currently standing at an unprecedented 52.35 trillion, the total difficulty has reached an all-time high (ATH).

Despite the current lower BTC prices and high difficulty, miners have displayed unwavering determination by continuing to bolster their efforts.

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15 сентября 2023 11:02

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Crypto California Club

13 сентября 2023 09:22

👑 Job Growth Shines: May Payrolls Beat Predictions by 339K

Payrolls rose 339,000 in May, exceeding expectations and indicating a resilient labor market.

The US economy continued to generate employment in May, despite macroeconomic challenges. Nonfarm payrolls increased to 339,000, significantly surpassing Dow Jones’ expectations of 190,000, as a result, May marked the twenty-ninth consecutive month of positive job growth in the country.

According to the US Bureau of Labor Statistics, although the unemployment rate rose to 3.7% compared to the estimated 3.5%, the labor market remained strong. Similarly, average hourly earnings increased by 0.3%, as expected, while annual wages rose by 4.3%, slightly below the estimate.

The term “payrolls” refers to the total number of employees receiving a salary or wage during a specific period. This measure is used to assess workforce strength and job creation in an economy.

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11 сентября 2023 10:48

🌴 Coinbase's New Base Blockchain Draws $10 Million Inflows Day After Launch

Base, a new Ethereum layer 2 blockchain that has been developed by crypto exchange Coinbase, saw inflows worth just over $10 million on its first day after launch. According to data from Dune Analytics, the $10 million were transferred to the network by over the course of 24 hours on Thursday, one day after its launch.

A little more than 15,000 new users joined Base on Thursday, and the day saw 40% fewer transactions than on Wednesday. The network, which officially went live on Wednesday this week, launched without its own native token, but Coinbase has encouraged others to build projects and launch their own tokens on Base.

Among other things, popular but controversial meme coins such as BALD have launched on Base, attracting large number of traders seeking to profit from the decentralized exchange (DEX) trading frenzy.

BALD has been accused of being a scam after the deployer of the token suddenly and without warning removed nearly all liquidity from DEX liquidity pools earlier this month in what was described as a rugpull.

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08 сентября 2023 08:57

Crypto Startups Secure $201.4M in Funding: Futureverse and RISC Zero Lead the Way

Last week, venture capital and investment firms invested $201.4 million in crypto projects, with metaverse startup Futureverse and RISC Zero receiving the largest fundraises.

Eleven companies recently announced funding rounds, with two standout raises. Metaverse startup Futureverse secured an impressive $54 million from its Series A funding round, led by 10T Holdings and Ripple Labs.

At the same time, RISC Zero, a provider of zero-knowledge-proof tools for developers, raised $40 million in a Series A round.

Futureverse has a clear mission: to empower developers and users by providing a collaborative ecosystem that consolidates 11 metaverse infrastructure and content companies.

Futureverse intends to use the funds from the funding round to enhance its comprehensive technology, which includes the Futureverse Platform and The Root Network, its blockchain.

Apart from RISC Zero, the funding round featured five other infrastructure sector companies: Cosmic Wire, Manta Network, Echooo Wallet, Side Protocol, and Over Protocol.

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04 сентября 2023 09:44

🦁 Coinbase Pauses Staking Services in Several US States Amid SEC Lawsuit

Coinbase, the US-based cryptocurrency exchange, has temporarily paused its staking services in four states in response to legal proceedings from Securities and Exchange Commission (SEC).

In a blog post on July 14, Coinbase announced that it was temporarily suspending its retail staking service in California, New Jersey, South Carolina, and Wisconsin. This decision comes in response to the US Securities and Exchange Commission (SEC) filing a lawsuit against the crypto exchange in June for offering unregistered securities.

In addition to the SEC lawsuit, regulatory bodies in 10 US states initiated legal proceedings, suspending certain services.

"We strongly disagree with any allegation that our staking services are securities," Coinbase wrote. "But we will fully comply with the preliminary state orders where required, even though that comes before we've had an opportunity to defend ourselves."

However, it is essential to note that only the regulatory actions in California, New Jersey, South Carolina, and Wisconsin require a pause in staking additional assets.

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03 октября 2023 09:02

👑 Red Bull Doodle Art and Burnt Toast collaborate to help student artists mint NFTs

Red Bull Doodle Art is a global competition that challenges students to create original doodles that showcase their creativity and artistic abilities.

Crossmint is a leading NFT infrastructure provider.

Burnt Toast is the Co-Founder of the Doodles.

Crossmint, Red Bull Doodle Art, and Burnt Toast have joined forces to help student artists with an opportunity to create and mint their own NFTs.

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01 октября 2023 13:08

👑 GameFi investors are now prioritizing fun factor over money.

While roughly half of the investors joined the GameFi space initially for profits, 89% of GameFi investors succumbed to Crypto Winter 2022.

GameFi, the fusion of gaming and decentralized finance (DeFi), attracts a set of investors that tend to choose projects based on their use case rather than money-generating potential.

The GameFi ecosystem attracts GenZ investors and gaming enthusiasts. As a result, it stands as an entry point for numerous first-time investors.

A ChainPlay survey participated by 2428 GameFi investors revealed that 75% of the respondents joined the crypto space solely because of GameFi.

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29 сентября 2023 12:05

📈 Vodka token appeared on PancakeSwap just yesterday, and has already made х10 (even up to х28!)

ℹ️ Vodka token is a collectible NFT game based on DeFi. In the game, participants mix cocktails and make money on them!
The recipe is simple: a serving of Vodka token, a serving of BNB or ETH, or USDT (one of your choice) and the NFT cocktail is ready!

❗️ There is a chance to randomly receive NFT above expectations: instead of a $ 100 cocktail, an Extra cocktail may drop out, which can be sold for $ 500.

You can also stake your NFT cocktail up to 144% APY or take part in the fair lottery and win up to 300%.

🍾 By the way, 1500 NFT cocktails are currently being drawn on the Discord Vodka token server

Terms: discord.gg/t7JeCe5Sm5
🌐 Website: vodkatoken.com

Crypto California Club

27 сентября 2023 13:16

🌴 Doodles: Going Mainstream With Web3 IP

The NFT boom of yesteryear caused an explosion of intellectual property creation, with the most resilient products enduring despite the market’s volatility. One of the most successful examples is Doodles, a project that began as a 10,000 profile picture collection of vibrant cartoon portraits.

The Web3 company is now looking at moving beyond the market hype of the past, shifting its focus to building its intellectual property, or IP, outward and connecting the tightly-knit NFT community to the mainstream.

CEO at Doodles and former president of Billboard, Julian Holguin spoke to Blockworks about what the company is building on the Empire podcast.

When the project began, Holguin says, it stood out because of the new strategies it implemented, like gating Discord channels for token holders and structuring itself as a DAO — relatively novel concepts at the time. “The Doodle Bank was established and anybody that owned a Doodle got a chance to actually vote on how the funds and the bank were used.”

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26 сентября 2023 14:02

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23 сентября 2023 12:15

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21 сентября 2023 11:01

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20 сентября 2023 12:31

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Crypto California Club

18 сентября 2023 09:47

👑 Pepe Surges Amidst MemeCoin Market Gains; Whales Accumulated Significant PEPE During Price Dip

While the crypto economy has reached a value of $1.2 trillion, meme coin markets have experienced substantial gains this week, with the top five meme tokens recording both 24-hour and seven-day gains. According to recent data, pepe is leading the pack with a 34% increase in the last 24 hours and a 66% increase over the past week.

The meme coin economy witnessed a surge in value on June 22, 2023, with a 6.9% increase over 24 hours, bringing the current market valuation to $15.5 billion at 8:03 a.m. Eastern Time, June 22.

Among the top five meme tokens, pepe (PEPE) emerged as the leader in meme coin gains last week, surging by 66% against the U.S. dollar.

While PEPE experienced significant weekly gains, milady meme coin (LADYS) also soared by 66%. However, LADYS recorded a decline of 6.7% in the past day.

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16 сентября 2023 10:45

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Crypto California Club

14 сентября 2023 08:47

🦁 Bitcoin Network Gears Up for Fourth Surge in Mining Difficulty Amid Record Highs and Unwavering Miners

The Bitcoin network has witnessed a consecutive surge in mining difficulty during the past three retargets. The block generation time, averaging less than ten minutes, indicates that the difficulty is projected to climb by an estimated 2.1% to 2.33% based on the latest statistics.

In just eight days, the Bitcoin network is poised to readjust the difficulty encountered by miners, and once more, an increase is on the horizon.

Currently standing at an unprecedented 52.35 trillion, the total difficulty has reached an all-time high (ATH).

Despite the current lower BTC prices and high difficulty, miners have displayed unwavering determination by continuing to bolster their efforts.

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12 сентября 2023 08:30

🦁 Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiat

A government official in Moscow has advised Russians to avoid cryptocurrencies now when interest in foreign fiat currencies is declining in the country. The high-risk assets are not suitable for the savings of most people and make sense only for investments by rich people, his comments suggest.

Restrictions imposed by the Russian state on foreign currency accounts and operations amid Western sanctions have led to a decrease in the volume of savings kept in foreign fiats. Against this backdrop, Russians have been warned they shouldn’t switch to cryptocurrencies.

“We would definitely not want citizens’ savings to be directed to digital currencies,” the head of the Financial Policy Department of the Russian Ministry of Finance, Ivan Chebeskov, stated during the blockchain conference “Finance of the Future: Challenges and Opportunities.”

Chebeskov is convinced that regulated digital financial assets (DFAs) could be a better alternative.

The finance ministry representative added that assets such as cryptocurrencies make sense only for wealthier Russians, not for people with average income and savings, and then only for 10 to 15% of the capital available for investment.

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09 сентября 2023 09:00

🦁 UFO Hearing Sparks Crypto Degen Frenzy: More Than 50 Alien Shitcoins Emerge

Following a recent hearing, where a former military intelligence officer turned whistleblower disclosed that Congress lacks information about unidentified anomalous phenomena (UAPs) or Unidentified flying objects (UFOs), crypto degen swiftly seized the opportunity and created multiple UFO-themed tokens to capitalize on the news.

The whistleblower alleged that executive branch agencies had withheld information about these mysterious objects for years.

In his testimony on July 26 before the House Oversight Subcommittee on National Security, David Grusch, a former Pentagon task force member on UAP and whistleblower, directly accused the U.S. government of concealing alien visitation to Earth.

When questioned about information on extraterrestrial life, Grusch stated that the U.S. has likely been aware of "nonhuman" activity since the 1930s. Following the viral hearing on July 26, more than 50 new alien, UFO, and extraterrestrial-themed tokens, known as memecoins, have surfaced in the past 24 hours.

Tokens like "ALIENX," "UFO," and "ALIEN" have gained substantial attention from crypto degens on social media and search engines.

However, there are concerns about potential scams associated with these memecoins, as some are believed to be "honeypots" designed to lure investors with the theme's hype but with mechanisms preventing them from selling their tokens later.

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07 сентября 2023 09:02

👑 The US Department Of Justice Will Double Its Crypto Enforcement Teams To Combat Crimes

The United States Department of Justice is set to expand its digital asset crime enforcement teams in the coming months as part of wider plans to reduce virtual-asset-related crimes.

♾ In a speech delivered on July 20, at the Center for Strategic and International Studies, Nicole Argentieri, the Principal Deputy Assistant Attorney General disclosed the department’s plans to revamp the division.

According to her, the National Crypto Enforcement Team (NCET) will become a permanent body within the criminal division to handle cryptocurrency-related investigations.

The NCET, established in 2021 has taken on high-profile investigations and would now be merged with the Computer Crime and Intellectual Property Section (CCIPS). Though merged, the NCET would continue investigating and prosecuting related offenses, leveraging the larger structure and added resources.

“It’s now time to bring NCET to the next level, merging it into Computer Crime and Intellectual Property Section will give it the resources and runway to accomplish even more.”

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02 сентября 2023 10:10

👑 Startup with WhatsApp and Amazon capabilities raises $28 million

Developers at startup OP3N have raised $28 million to create an app that will be the Web version of "WhatsApp and Amazon, or WeChat and Alibaba" for the Web3 industry. The artificial intelligence-based platform successfully completed a Series A funding round and was valued at $100 million, according to TechCrunch.

"I wanted to bring content creators, chat rooms and e-commerce together in one place," said OP3N CEO Jason Ma. He assures OP3N's chat-based product, Superapp, aims to bridge the gap between Web2 and Web3 by incorporating blockchain and decentralized technology into interfaces. The app allows audio, video and mixed-media content to be added to interactions on the Web.

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