IEON Oracle is the transparent, decentralized oracles on BSC. It provides Binance Smartcain with off-chain data. Binance Smartcain is designed to be entirely deterministic. That means if we were to replay every transaction, we would end up in the correct state. If you include API calls or other non-deterministic sources into the infrastructure of blockchain, there is a good chance that the source will be depreciated, hacked, or even just broken, and we would not be able to validate transactions.

IEON Oracle enters every data input through an external transaction. This way, we can be sure that the blockchain itself contains all of the information required to verify itself. We are the bridge between the two worlds!

Come and follow us!

Twitter: https://twitter.com/ieon_oracle
Medium: https://medium.com/@ieon_oracle
Telegram: https://t.me/ieon_oracle
Github: https://github.com/ieon-oracle
Website: https://ieon.io

MicroStrategy revealed that they are going to buy an additional US$690 million worth of Bitcoin even after BTC crossed the all-time high (ATH) of US$50,000. The company’s CEO, Michael Saylor, said that his company intends to raise an additional US$690 million in convertible bonds to buy Bitcoin.

This investment will be in addition to the already owned 71,079 BTCs, which at the current price costs around US$3.5-billion. The use of convertible bonds to buy Bitcoin is not the first instance that Microstrategy is adopting such a maneuver. They have used it earlier too. After they make the investment, Microstrategy’s total holdings will be worth US$1.6 billion.

https://medium.com/daily-highlights-crypto-analysis-news/microstrategys-appetite-for-bitcoin-remains-unchanged-ever-after-btc-crossed-the-ath-of-us-50-000-f98b24ae3a51

BlockFi (a renowned cryptocurrency saving and lending company) has announced launching its bitcoin fund, called the BlockFi Bitcoin Trust. It is meant for institutional investors. This new Bitcoin Trust of BlockFi will take on Grayscale and offer services at more competitive prices. BlockFi is a renowned name in the crypto world. It helps you buy and earn interest on your cryptocurrency. This company also enables you to borrow money without selling your assets.

The announcement says that the BlockFi Management LLC will use Coin Metrics’ pricing data and indexing services. A reputable accounting firm, Grant Thornton, will audit the financial statements. Grant Thornton is well known for providing services to Coinbase, a reputed American exchange. A BlockFi partner, Fidelity, will reportedly provide custody services in this new endeavor.

https://medium.com/daily-highlights-crypto-analysis-news/blockfi-launching-its-bitcoin-trust-fund-to-compete-with-grayscale-dbd9822d3f97

Glassnode data shows that the Bitcoin (BTC) holders (also called ‘hodlers’ popularly, who hold Bitcoin for price appreciation) hold 2,851,608 BTCs out of the total circulating supply of 18,618,081 BTCs. Therefore, the Bitcoin “accumulation addresses” now hold 15.32% of the total Bitcoin supply available in circulation. This is the highest percentage of the circulating supply held by the hodlers in the last three and half years.

Just 3-months back, the Bitcoin holders held less than 14% of the total circulating supply of BTC. This means that the long-term crypto investors are not only continuing to hold the market supply but also sucking up market supply, thereby ultimately helping the largest crypto to maintain its broader upward trajectory.

https://medium.com/daily-highlights-crypto-analysis-news/long-term-bitcoin-hodlers-hold-15-of-circulating-btc-supply-dec58255a0b2

Visa is piloting an API (Application Programming Interfaces) suite to allow banks to offer their customers Bitc@oin buying services. Their press statement on Wednesday said that the Visa Crypto APIs pilot program enables clients to connect to Anchorage’s (a federally chartered digital asset bank and a partner of Visa) infrastructure for allowing their customers with the facility of buying and selling “Bitcoins as an investment within their existing consumer experiences”.

Visa’s crypto lead, Cuy Sheffield, has said that their company wants to offer their customers a product set that extends to other cryptos and stablecoins. He made it clear in an interview that they will offer cryptocurrency services including crypto trading. The first bank that is involved in this pilot project is First Boulevard, a digital bank. There are many banks on Visa’s waitlist, who are waiting to avail themselves of Visa’s Bitcoin and other crypto-related services.

https://medium.com/daily-highlights-crypto-analysis-news/visa-piloting-api-suite-to-allow-banks-to-buy-bitcoin-91f4bf743d8c

About BTC Proxy:

Mainnet Launch Date: April 2, 2021

Website: https://btcpx.io
Whitepaper: https://docs.btcpx.io
Twitter: https://twitter.com/BTCproxy
Telegram: https://t.me/BTC_Proxy

#stakebitcoin

The Problem in DeFi:

BTC holds 60-80% of the market cap and is the choice for institutional investment. The important DeFi applications are built on Ethereum. These BTC holders are exposed to counterparty risks and slippage when attempting to move large volumes on both DeFi and CeFi exchanges.

DeFi Bottleneck: For BTC holders to participate in DeFi they must make an exchange from BTC to ERC20

Risks Faced During any Exchange:
1. Counterparty Risk when sending BTC to an exchange
2. Price Slippage when large sell orders of BTC are placed on CeFi or DeFi
3. Lack Of Liquidity when the subsequent supply of another token is limited

Technical Limitations of other Solutions
1. Scalability - Due to high gas fees
2. Lack of Insured Custody
3. Lack of Permissionless Interface

The Solution:

BTC Proxy or the Proxy Protocol is a Layer-2 Interoperability of Bitcoin on Ethereum.  It allows Bitcoin holders to stake their BTC  into an insured custodian to mint an ERC20 token called BTCpx.  

BTC Proxy solves a big issue within DeFi.  BTC Holders are exposed to counterparty risks, price slippage, and lack of liquidity when performing an exchange into ERC20.  

Proxy Protocol Benefits:

• Low-Cost Layer-2 technology
• Permissionless Interface
• No Counterparty Risk
• Insured Custody
• No Slippage

Layer-2 Built on Matic:

Confirmation of Bitcoin blocks onto an Ethereum smart contract using a Matic side-chain addresses the issue of gas fees and scalability

• Layer-2
• Low Minting and Redemption Fees
• Confirmation in under 30 mins
• On-Chain Verifications

Permissionless Mint and Redeem

Minting and Burning maintains a 1: 1 BTC/BTCpx ratio verifiable on-chain for transparent accounting for all backed assets

Insured Custody

An institutional solution that holds Bitcoin directly with a licensed and registered custodian with full insurance against crime or theft ensures the safety of the BTC

How to Earn the PROXY Governance Token (PRXY):

By staking your Bitcoin into the Proxy Protocol you will be minted BTCpx at a 1:1 ratio.  Take your BTCpx to the Earn page to stake them directly into the SUSHISWAP DEX Pool to earn the PRXY Governance Token in one easy step using the Zap.
  
PRXY Governance tokens can be earned by staking either BTCpx or WBTC into the Sushiswap DEX pool at a 50:50 ratio

Providing liquidity to the pool will allow user to earn 3 different types of assets
1. Sushi Tokens (from the Sushiswap platform)
2. PRXY Governance Tokens (based on the users staked amount)
3. APY Yield (from the transaction fees earned by the pool

Provide liquidity to the Sushiswap DEX pool in either BTCpx or WBTC tokens before BLOCK 1 to maximize yield as the rewards are halved after the first 36 days

PROXY Governance Token Specifications

Blocks: 50 $PRXY per Block (same as BTC)
Market Cap $PRXY:  21,000,000.00 (same as BTC )
Block Halving: 210000 (same as BTC)
ETH Blocks per minute (Average): 4
ETH Blocks per day (Average): 5760
Days for mining complete: 729

Billionaire and Tesla's head Elon Musk’s Twitter activity is not only stirring controversy, but it also triggers abnormal trading volumes and double-digit returns, according to a recent paper by the Blockchain Research Lab (BRL).

Musk, owner of a Twitter account with 45.5m followers, continues to move markets through his never-ending stream of opinions on the social media, pushing dogecoin (DOGE) upwards after calling it the “people’s crypto”, in his spare time between launching rockets into space and becoming the richest person on the planet.

However, Lennart Ante, a BRL researcher who hails from the University of Hamburg, studied six recent crypto-related Twitter events by Tesla’s CEO (two about bitcoin (BTC) and four about DOGE), posted in 2020 and 2021, attempting to measure the impact Musk's social media activity exerts on cryptocurrency trade.

https://cryptonews.com/news/musk-s-doge-bitcoin-tweets-may-spur-double-digit-returns-rep-9141.htm

The project was hacked by a team of white hackers just to submit the application for the hackathon! What a class! This defi thing is going to be big.

Is a community-built site endorsed and supported by Hacken. Hackers had left a message stating that they are planning to create a project, which could improve the security of all DeFi products.

Original: https://www.reddit.com/r/hacken/comments/l6t538/ihktcom_grey_hat_hacking_event_website_was_hacked/

Tron Boss just launched as a Wallet for Chrome Browser Extension.

TronBoss is a TRX wallet that allows users to send and receive Tron tokens from their own private wallet and also exchange Tron for other tokens using the SimpleSwap platform. This means you can exchange Tron for non-TRC-20 tokens directly on the wallet. i.e. Exchange Tron for Bitcoin or Tron for Chainlink ect.

Go to the link below to install on Chrome Browser!
https://chrome.google.com/webstore/detail/tronboss/eomhlheglneofffmbfjflldlbcnhpkpb

How to achieve maximum performance and stable operation of ASIC L3+ / L3++, and exclude the possibility of virus infection? How to reduce the noise level from ASICs and, most importantly, how to decrease power consumption on L3+ and L3++?

Meet the updated version of the Hiveon ASIC powered by MSKMINER firmware for ASIC Antminer L3+ and L3++! It has many more features compared to the stock firmware, and the level of protection against viruses has become even higher. Details below — we will tell you about the new features of the firmware and remind you about the existing ones.

What’s new?

Advanced virus protection
The last time the signature of the stock firmware from Bitmain was updated was in June 2020 — you must admit, it was a long time ago. This signature is very easy to hack, so the factory firmware is vulnerable to virus infection. Now this is the main problem for most L3+ owners on stock firmware. Their devices become infected, causing them to lose income. And worst of all, one infected ASIC can easily infect the entire farm!

The new version of the Hiveon firmware will allow you to avoid this unpleasant situation. It is “equipped” with a digital signature that will keep your devices safe from viruses. The firmware can even “cure” an already-infected device. In addition, the firmware has a closed SSH, and it lacks all currently known web vulnerabilities — this also contributes to high protection against viruses. Another very useful feature is the password guessing attack detector (but we still recommend that you change the default password after installing the firmware).

Useful updates

• We have fixed the incorrect saving of chip frequency values. This ensures optimal chips’ tuning — therefore, they will work more efficiently, generating more income and at the same time consuming less energy.
• Thanks to the quiet start function, ASICs produce less noise when rebooting — this is important if you are trying to reduce the noise level in the room.
• We also added a search function for ASICs on the shelf — just enter the required command on the web, and the LEDs of the specific device will start blinking. This way you can easily find any of your ASICs (which is especially useful if you have a large farm).
• If the internet connection is lost, the ASIC automatically switches to the sleep mode. Therefore, your devices will not be idle and increase electricity bills.
• All minor bugs of the first firmware version have also been fixed. Now your devices will work even more stably.

Hashrate and energy consumption
Compared to the stock firmware, Hiveon offers higher hashrate and lower power consumption. With L3+ and L3++ on stock firmware, you can only achieve 504 MH/s and 580 MH/s respectively. In turn, Hiveon ASIC powered by MSKMINER allows you to overclock devices up to 720 MH/s (on the stock power supply). The difference is 216 MH/s and 140 MH/s respectively, which directly affects your income. You will earn more.

As for electricity, for example, L3+ consumes 800 W on the stock firmware, and only 660 W on the Hiveon firmware (the hashrate of 504 MH/s was used for comparison). The difference is 140 W. You will pay less for electricity, which is especially important if you have a lot of devices.


A few words about other features
All of these features will be familiar to those of you who have already used the first version of the Hiveon ASIC firmware for L3+ and L3++. However, we will remind you of them so that you have a complete understanding of the new version.

Visual control of chips
Hiveon ASIC firmware for L3+ and L3++ allows you to monitor the status of each chip visually. This can be done directly in the ASIC web interface:

• Green color — hashrate is at the desired level]
• Yellow color — hashrate decrease is below 80%
• Red color — hashrate decrease is below 50%

This way, you can easily track the performance of your devices and quickly take action in case of the hashrate decrease — this will help you avoid losing income.

No danger of overheating
Antminer L3+ and L3++ do not heat too much even on stock firmware. But with the Hiveon ASIC firmware they heat even less. So much less that the need for liquid cooling simply disappears. And if the room where your devices are located is well ventilated, you may even be able to remove the coolers from them.

What does this mean? With no danger of overheating, your ASICs will “live” longer, and you won’t have to waste time and money trying to deal with the effects of too high temperatures. Moreover, the operation of the devices will be more stable.

Extra opportunities and settings
And a few more words about the additional features and settings of the Hiveon ASIC firmware that distinguish it from the stock version:

• It is possible to set up voltage and frequency — this will help to prolong the lifespan of the chips
• Temperature and hashrate watchdogs — your devices will be additionally protected from overheating and hashrate decreases
• Wattmeter built into the web interface — you will always be aware of how much power your devices are consuming
• Simple and quick device launch — instead of waiting and wasting time, you will be able to start mining immediately
• Stable hashrate — and, therefore, stable income
• In case there is something wrong with a chip or cooler, LEDs start blinking — you will easily find the damaged device
• Simple and fast integration with the Hive OS control and monitoring system.

Download the updated Hiveon ASIC powered by MSKMINER firmware for L3+ and L3++.

Installation instruction for L3+ and L3++.

If you still have any questions, please contact us, we are always happy to help.

Mine profitably with Hiveon ASIC!

Still wishing you were a trader but not ready to take huge risks?

We have a solution for you — copy trading!

"Just like young artists learn by copying the creations of recognized masters, beginner investors improve by repeating after the best traders".

Read this article: https://medium.com/coinmatics/how-to-start-copy-trading-and-get-profit-today-the-guide-youve-been-looking-for-so-long-5d41ff30e48a

The strenghtening US dollar and technical issues at major crypto exchange Coinbase might be partially blamed for the bitcoin (BTC) crash seen yesterday, according to analysts.

There's something behind every crash of the world's number one crypto, and many become determined to find who and what is to blame. Some believe that one of the factors behind yesterday's price drop to c. USD 30,700 per bitcoin could be the USD.

If "we're really looking for a more cause-and-effect driver to explain [Monday's] pullback, other than the obvious "what goes up must come down" element, it would be [Monday's] uncanny apparent correlation to the US dollar, which bounced hard off her own lows [on Monday]," Mati Greenspan, founder of Quantum Economics, wrote in his newsletter yesterday, adding that stocks and commodities are also softening on the greenback's strength.

Greenspan further added that there is nobody who could "say exactly where it will turn around, or when the pain will end," but to him, this price action seemed "oddly reminiscent of the early 2017 bull market pullbacks."

https://cryptonews.com/news/us-dollar-and-coinbase-also-blamed-for-bitcoin-sell-off-8876.htm

The Vancouver, Canada-based major blockchain firm Blockstream said it has launched an open-source, battery-powered hardware wallet for storing bitcoin (BTC) and digital assets issued on the Liquid Network, including tokens like the stablecoin tether (USDT).

The wallet is named Blockstream Jade.

Fronted by British Bitcoin OG Adam Back, a man some internet theorists suspect may be the “real” Satoshi Nakamoto, the firm currently operates the Blockstream Green crypto wallet.

“Having our own hardware wallet will also allow us to roll out advanced hardware wallet features faster,” said Back.

And the Canadian firm stated that its new USD 39.99 wallet would initially provide Blockstream Green support for Android only, but claimed that desktop support was “right around the corner,” with iOS support to follow “soon after,” as well as “the ability to connect the hardware wallet through Bluetooth LE.”

Also, the company said it will activate a few ‘dormant’ features through software updates over the course of 2021.

https://cryptonews.com/news/blockstream-debuts-open-source-hardware-bitcoin-wallet-8792.htm

Coinmatics is a reliable crypto copy trading platform with multi analysis.

The Coinmatics platform works on the principle of analyzing data from various sources. It collects data from professional traders, bots, open analytics, and assesses the sentiment of the users in social networks.

The information from all of the sources is gathered at one place and provided to the users in a usable graphical form.

Both beginner investors and experienced traders are in desperate need of access to current information on the trading quotes. It is especially important in the sphere of cryptocurrencies, where the market mechanisms have not yet been shaped and just started its formation.

The Crypto Copy Trading Platform with Multi Analysis

Everyone who has once decided to step into crypto investments must have a financial instrument to analyze the following:

    1. Wide range of cryptocurrency pairs (it’s preferable to watch not only popular pairs, but also those unknown to the general public);
    2. Bots’ and assistants’ data. The automation simplified exchange analysis, having minimized the basic calculations;
    3. The sentiment of the real users of social networks collected during the analysis of behavioral factors;
    4. Professional crypto traders’ portfolios with open access.


The majority of the modern platforms cannot provide their users with such a diverse range of functionality. They focus on a single component, paying little, if any, attention to the rest.

The Coinmatics.com project is an exception.

This cryptocurrency copy trading platform provides big number of features, which could be useful for both beginners, who want to become copy traders, and experienced cryptocurrency traders.

Why Is It Worth Managing the Assets Via Coinmatics.com?

The project has been operating since 2018. Thousands of users all over the world have already joined it. The powerful functionality of the platform enables the most accurate analyze of the cryptocurrency market’s sentiment:

• More than 200 trading pairs, each of them has a quick analytics a few clicks away;
• Crypto portfolio analysis on the most demanded pair (USD/BTC);

• Detailed transaction history — users can track the overall history of transactions or view and evaluate past transactions any time;
• Support of multi-portfolios;
• Detailed analysis based on extended tables and graphs;
• Automatic notifications from Telegram’s integrated bot: ticker notifications, crypto-arbitrage, trades concluded by crypto traders as signals;
• Real-time data from 7 popular exchanges, i.e. Bittrex, Poloniex, Bitstamp, Bitfinex, Binance, HitBTC, EXMO. The options listed above make the Coinmatics.com platform one of the most interesting and attractive online services for crypto traders and common users.

Warning! Be careful and attentive while entering the resource from a search result page. The original platform is on coinmatics.com. Visiting websites with the similar domain names, you’re putting yourself at risk of fraud. Malicious web pages steal users’ logins and passwords by mimicking the original service.

Comfort and Security

Coinmatics company provides a high level of security to every user. The interface is simple and highly informative. The web application works on all operating systems, including mobile versions. Personal data and other users’ information is located in 256-bit encrypted cloud storage.

The automatic API synchronization with leading crypto exchanges is implemented for data analysis. The social investment platform works on the most advanced and powerful technologies.

Try our service for free:

https://coinmatics.com

While the most popular cryptocurrency, bitcoin (BTC) is still an untested territory, it possibly can evolve into a global market, and already makes the US Dollar less relevant, according to Laurence D. Fink, CEO of the world’s largest asset manager, BlackRock.

He was answering a question on digital currencies during The 2020 Stephen C. Freidheim Symposium on Global Economics on December 1.

"Having a digital currency has a real impact on the US Dollar," Fink said, while former Bank of England Governor Mark Carney, who was also participating in this discussion, seemingly agreed with this statement.

According to the CEO, digital currency makes the need for the US Dollar less relevant.

"I'm not talking about Americans, I'm talking about international holders of dollar-based assets. The question I would raise - does it change the need for the dollar as a reserve currency if they were a true digital currency that was separated from dollar-based assets?" he asked.

https://cryptonews.com/news/bitcoin-makes-us-dollar-less-relevant-blackrock-ceo-8490.htm

Investments into and out of the Grayscale Bitcoin Trust (GBTC) will be key over the coming weeks for the bitcoin (BTC) price direction, according to US-based major investment bank JPMorgan Chase & Co.

"A failure by the Grayscale Bitcoin Trust to receive additional inflows over the coming weeks would also cast doubt to the idea that institutional investors such as family offices have embarked on a trend of embracing bitcoin as digital gold replacing traditional gold as a long-term investment," Bloomberg reported, citing a note by the strategists at the bank.

As reported today, Guggenheim Funds Trust has filed an amendment with the US Securities and Exchange Commission via which it's reserving the right for its USD 5.3bn Macro Opportunities Fund to gain exposure to BTC by investing in the GBTC.

Also as reported, Grayscale Bitcoin Trust experienced USD 719.3m in 3Q20 inflows, while other products accounted for 31% of inflows during 3Q20.

https://cryptonews.com/news/watch-grayscale-bitcoin-trust-for-btc-price-clues-jpmorgan-8462.htm

The global luxury goods market is just one of those that have been hit hard by the coronavirus pandemic this year. But with bitcoin (BTC) experiencing a period of growth this year, it appears that crypto investors who have struck it rich in the latest bull run have been spending their proceeds from crypto trading on luxury items.

These include a 52-foot Lagoon catamaran that was recently acquired in Fort Lauderdale, Florida, from the yacht broker Denison Yachting.

The catamaran, which can accommodate six guests in three cabins with ensuite heads and walk-in showers, was listed for sale with an asking price of USD 839,000. The vessel was built by French boat-builder Groupe Beneteau and was purchased using a mix of crypto and fiat.

Bob Denison, President and Founder of Denison Yachting, told Robb Report that the 52 Lagoon was purchased "half in bitcoin and half in US dollars," and that the seller didn’t know that the transaction involved cryptocurrency.

"The day of the closing was faster than a wire transfer—they converted the bitcoin immediately into dollars,” Denison said, adding that the transaction followed all legal protocols, including the buyer providing a passport to verify his identity.

https://cryptonews.com/news/yacht-sale-shows-luxury-goods-may-benefit-from-bitcoin-price-8447.htm

Chinese crypto exchange heavyweight Huobi could be set to snap up a controlling stake in Bithumb, South Korea’s biggest trading platform – in a deal that could create an Asian trading behemoth.

Per a report from The Bell Korea, an unnamed investment banking source believed to be close to the deal has stated that Huobi “has expressed interest” in purchasing “all of” parent company Bithumb Holdings’ stake in the company.

As previously reported, Bithumb Holdings has recently put up its stake in the firm up for sale, and has been actively looking for a buyer. In September, brokerage Samjong KPMG told Cryptonews.com that it was representing the holding company, and other experts explained that there had been no shortage of interest from a number of parties.

Bithumb Holdings currently owns over 70% of Bithumb, and is looking for a way out after a takeover deal fell apart in September last year.

https://cryptonews.com/news/huobi-eyes-bithumb-takeover-deal-report-8333.htm

After trading towards the USD 13,850 level, bitcoin price struggled to continue higher. BTC started a corrective decrease and traded below the key USD 13,500 support. The price declined 5%, but it is currently (05:00 UTC) trading well above the USD 13,000 support.
Conversely, there was a strong decline in most major altcoins, including ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, and ADA. ETH/USD settled well below the USD 400 support, but it is holding the USD 385 support level. XRP/USD is testing the USD 0.245 support and remains at a risk of more downsides in the short-term.

Total market capitalization


Bitcoin price

There was a sharp downside correction in bitcoin price from the USD 13,850 zone. BTC broke the USD 13,650 and USD 13,500 support levels to move into a short-term negative zone. The price even spiked below the USD 13,000 support, but it quickly recovered. It is now trading above the USD 13,150 level, with an initial hurdle at USD 13,300.
The main resistance for a fresh increase is now forming near the USD 13,500 level. On the downside, an initial support is near the USD 13,150 level, below which the bulls might protect USD 13,000.

https://cryptonews.com/news/bitcoin-stays-above-usd-13-000-altcoins-take-hit-8138.htm

you can buy account with any karma that you want