Joined: 10.01.2021   
Abrar Ali             
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New project like pii
4 years ago

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Here is my referral link for BEE Network. Get 1 free BEE when you join BEE: abrarali786. Download at https://bee.games/download.html

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New project
4 years ago

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Pi is a new digital currency developed by Stanford PhDs, with over 10 million members worldwide. To claim your Pi, follow this link https://minepi.com/abrarali78672 and use my username (abrarali78672) as your i...nvitation code.Show more >

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The CEO of Binance Changpeng Zhao popularly known as CZ has clarified his relationship with the CEO and founder of Tron (TRX) Justin Sun over the recent Steem blockchain hostile takeover.
The two prominent ...founders were alleged of conniving with other cryptocurrency exchanges to take over Steem blockchain using their customers’ token without their consent.

However, Sun had since come out to clear the air regarding the misconception that spreads around the cryptocurrency community, which was obviously tainting the image of the young CEO.

He clarified this in a series of tweets about 2 days ago. In the tweet, he made the crypto community understand that the votes of the exchanges were needed to save the Steem from hackers’ attack.

Sun also promised to withdraw the votes of all the exchanges involved. He made the same clarification while responding to John McAfee’s misconception about his integrity to the Steem community.

CZ Binance Clarifies His Part in Steem Takeover and Relationship with Justin Sun
In a statement credited to Cointelegraph, the Binance CEO CZ admitted that he was not fully carried along from the onset. He said he thought it was business as usual, but later turned out differently.

“Justin didn’t talk to me about it actually. My internal team said it was a necessary network upgrade, so I said go ahead. There are network upgrades all the time, and we are always supportive.

“If it is not a unanimous network upgrade, then we don’t want to use our users’ funds to participate in a vote. So as soon as we got the feedback, on Twitter no less, we immediately withdrew the vote,” CZ said.

As for the clarification about his relationship with Justin Sun, he said, “I didn’t really know Justin until he started Tron, and have only met him a couple of times at events after that. We have only talked business, and haven’t really “hung out” in any way. So, I wouldn’t even say I have much of a personal relationship with him outside of work.”

While describing his business relationship with Tron (TRX) and Justin Sun, he said “it is the same as with any other project listed on Binance. There are no equity holdings or investments of any kind between us. In fact, there are many other projects in the space that we have invested in. With Justin/Tron, we have no interest alignment.”

Justin Sun Clarifies His Stance Regarding Steem Blockchain Once Again
Tron’s CEO Justin Sun, who is still being criticized for the role he played in the Steem blockchain takeover, has once again reacted to clear the air for the sanctity of his image.

The latest reaction came in response to a Cointelegraph article shared on Twitter some hours ago. In his response, he said he has no intention to takeover Steem blockchain.

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According to new research from OKEx Insights and Catallact, when the Covid-19 pandemic started, retail and institutional investors adopted very different BTC buying strategies.

The study looked at on-c...hain BTC transaction data from January to the beginning of August 2020 and found that retail investors decided to hang back and take a ‘wait and see’ approach. By contrast, the larger investors, who are largely institutional, started accumulating BTC.

The report noted that retail transactions, which are mostly for less than one-tenth of a Bitcoin, made up the majority of transactions, and that these buyers track the price fluctuations closely. However, as the report says, “these investors tend to be more easily “‘shaken out’ of the market in times of high volatility and dramatic price declines.”
Cointelegraph says, “Based on the data, retail transactions “decreased and deviated away from the price’s trend — suggesting that retail investors took a wait-and-see approach as BTC a season-long, post-crash accumulation period” around May. “

Interestingly, medium-sized transactions, usually attributed to miners and larger retail investors were cautious at the beginning of the pandemic, but this behavior ended in June, and they started buying more aggressively again.

The big transactions of over 1,000 BTC tell an even more interesting story: “As BTC approach $10,000, the number of transactions between 1,000 and 5,000 BTC continued to go up since the end of June even as the price began to consolidate. “

The report commented on this saying: “This upward trend suggests the possibility that institutions and/or large players got busy accumulating BTC as economic stimulus measures from central banks spurred on the purchase of hard assets. However, because we cannot cleanly differentiate what actual activity took place from the number of transactions alone, this only remains a speculative possibility.”

Basically, the report shows that the first few months of the pandemic impacted how people moved within the market, particularly as retail investors pulled back to await prices going back to normal again. Large investors, on the other hand, “bought the dip” and began accumulating BTC.

...

https://medium.com/@lendoplatformltd/bitcoin-buying-strategies-during-covid-19-e2cc013e508e
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Japanese financial services group SBI Holdings (SBIHD) has formed separate partnerships with the Swiss stock exchange and Sygnum bank. Both projects marry Swiss and Asian expertise in emerging financial technol...ogies, such as blockchain-inspired crypto assets.

SBI Digital Asset, a subsidiary of SBIHD, recently announced a joint venture with the Swiss Digital Exchange (SDX) to create a digital assets trading platform in Singapore (https://www.swissinfo.ch/eng/swiss-digital-stock-exchange-branches-out-into-singapore/46210156). The Japanese group is also setting up an investment fund with Swiss digital assets bank Sygnum. The fund hopes to raise of up to $75 million (CHF67 million) and will focus on distributed ledger technology (DLT) infrastructure, decentralised finance and regtech in Europe and Asia.

SBIDH president Yoshitaka Kitao speaks to SWI swissinfo.ch about how Switzerland is a fertile breeding ground for disruptive financial innovation.

https://www.swissinfo.ch/eng/building-a-digital-assets-corridor-between-switzerland--japan-and-singapore/46283590
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Defi Market Cap
4 years ago

1 QCP

📊 #Defi Market Cap:
$26.28B (-12.5%)

⚡️ #ETH Market Cap:
$127.83B (-15.8%)

↔️ DEFI vs ETH Ratio:
20.6%

📈 Defi Trading Volume for 24h:
$10.17B (+18.6%)

💰Tot...al Value Locked (TVL):
$20.69B (-13.6%)

✅Updates in 24h
#DefiNews #SmartLiquidity
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ChainLayer has been nominated as a node operator to bring Chainlink price reference data to Kava’s DeFi lending platform and the Cosmos ecosystem. ChainLayer will be responsible for providing BNB/USD price refe...rence data first to support Kava’s lending platform scheduled to launch in early June. Following the release of IBC, other Comos-SDK blockchains and applications will be able to leverage connections with Kava to easily access Chainlink data for their own use.

Background on ChainLayer

ChainLayer, is a staking service provider and Chainlink node operator with a long history in the blockchain space. The company’s founders have been in the blockchain space since 2012 and come with years of professional experience in banking and telecommunications. ChainLayer operates staking and validator services supporting Kava, Cosmos, Celo, Polkadot, and many other blockchain networks. In addition to staking, ChainLayer is known for operating a leading Chainlink oracle node. It currently ranks #2 in the world by the number of Chainlink oracle jobs run according to the oracle marketplace.

“ChainLayer is consistently leading the way as a blockchain infrastructure company. They are one of the first Chainlink oracles in existence and they paved the way for Kava as one of its genesis validators. ChainLayer’s team is incredibly experienced in the space and we’re very excited to have them make Chainlink data available to Kava and the Cosmos ecosystem.” — Brian Kerr, CEO of Kava Labs

Kava — Making Chainlink Data Available to All of Cosmos

...

https://medium.com/kava-labs/chainlayer-is-nominated-as-a-chainlink-node-operator-for-kava-and-the-cosmos-ecosystem-4f6bf96f85d7
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Blockchain platform
4 years ago

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Investor in blockchain startups with a unique and disruptive model. Fintech, Next-gen tech, VR, AI.
Bought my first Bitcoin in 2011, sold in 2016. Ethereum supporter.

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MY all time favorite Crypto person: Anthony Pompliano, AKA Pomp with a new podacst

"No single person or organization gets to choose who gets amplified and who gets silenced. The power of choice was str...iped from the user and is now being monopolized by the platform creators."

Must listen: https://pomp.substack.com/p/decentralization-is-a-necessity-now
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According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administ...ration have made crypto proponents believe that bitcoin will prosper greatly.

Biden Proposes to Finance Covid-19 Relief and Infrastructure With $3 Trillion
Ever since the coronavirus outbreak took hold across America, politicians and members of the U.S. Federal Reserve has distributed massive amounts of dollars to special interests and Wall Street trading houses. Americans did get a stimulus check for $1,200 during the last program, and then $600 per person during the most recent stimulus plan.

https://news.bitcoin.com/crypto-advocates-think-joe-bidens-3-trillion-stimulus-plan-will-bolster-bitcoin/
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According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administ...ration have made crypto proponents believe that bitcoin will prosper greatly.

Biden Proposes to Finance Covid-19 Relief and Infrastructure With $3 Trillion
Ever since the coronavirus outbreak took hold across America, politicians and members of the U.S. Federal Reserve has distributed massive amounts of dollars to special interests and Wall Street trading houses. Americans did get a stimulus check for $1,200 during the last program, and then $600 per person during the most recent stimulus plan.

https://news.bitcoin.com/crypto-advocates-think-joe-bidens-3-trillion-stimulus-plan-will-bolster-bitcoin/
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