[Solana]

Nangangamoy bullrun na kaya marami din magpapaulan. Meron ba kayong alam na upcoming or potential airdrops? Hindi yung tipong mag-share o post sa social media at fill up ng google form kundi yung mga trade, swap, o bridge sa mga legit DEX/DEFI platforms na maglalabas pa lang ng token nila.

May nabasa ako from Bitpinas para sa Solana. Meron pa ba kayong alam na iba? Preferably labas ng Ethereum para mas mura fees o kaya mga L2.

[MLBB Tournaments for 2023]

Disclaimer: Hindi ko pa nalaro itong game na 'to pero naengganyo ako manood lalo na nung MPL-PH Season 10 at sa kasulukuyang M4 World Championship.


Meron ba kayong crypto bookie na kasama ang MLBB sa kanilang Esports category? Sa ngayon kasi, Thunderpick at Bitsler pa lang nakita ko.

MLBB Tournaments for 2023

Since nandito naman na tayo, pulsuhan na sa magaganap na laban mamaya:

M4 GRAND FINALS: Blacklist International (PH) vs. ECHO (PH)

Thunderpick:
Blacklist International (PH) - 1.62
ECHO (PH) - 2.15

Bitsler:
Blacklist International (PH) - 1.62
ECHO (PH) - 2.15

Kanino kayo at ano sa tingin niyo score?

May libreng offer ang DICT para sa Programming, Machine learning, HTML and CSS, robots, cloud services, at digital literacy courses. In case may oras kayo magdagdag ng skill o may kakilalang naghahanap, magandang opportunity ito. Napansin ko in demand ang mga ganitong skill lalo na abroad.




Sources:
https://www.facebook.com/ILCDBuDICT/posts/pfbid02tr2xcDERwVxMAE4subyW7kfRdMexSEmawvhak4NzVATKNtwVptJTWt1h8jqNntGgl
https://www.facebook.com/ILCDBuDICT/posts/pfbid02qVrkYdg3TbT3ppwhsS77AGvJNXVFMNRrXP7urUT29K6sSzLk7FuWU1HFbC7s616Zl

[pahayag]

Kamakailan, naglabas ng pahayag ang bagong manunungkulan bilang BSP Governor na si Felipe M. Medalla at mukhang hindi magugustuhan ng karamihan.

1. Based on greater fool theory

Every Bitcoin buyer that I know does not use (cryptocurrency) for anything… The only reason you’re using this is you think somebody else will buy it from you at a higher price. That’s a very scary investment,

^ Napanood niya din siguro si Bill Gates noong nakaraang araw Pero seryoso, mahirap makipag-argue dito kasi first hand information. Malamang mayayamang tao din yung mga kakilala niya.

Mukhang kasalanan din natin na hindi nila nakikita yung utility ng BTC at ibang crypto dito sa bansa. Kumbaga wala pa sila sapat na data na pwede pagbasehan. Meron ba nagbabayad ng bills o purchases gamit BTC directly? Ako kasi convert to fiat muna tapos fiat pambayad. Alam ko meron option si coins na crypto wallet (not Peso wallet) mismo gamitin pambayad pero hindi ko pa nasubukan.

2. Tool to hide assets

This is a new tool that adds to the ability to do that. There are plenty of people who want to hide their money from the government,

^ Lumang issue na pero may mga gumagawa naman talaga.


Huwag muna umasa na magkakaroon ng mas malawakang acceptance sa hanay ng ating Gobyerno dahil hindi naman nagbago ang panananaw ng mga taong nasa posisyon. Pro digital payments pero hanggang CBDC lang tatanggapin. Sabihin na din natin na pinapayagn mag-operate ang ibang kumpanya bilang VASP pero andun pa din mga warnings na risky investment ang crypto. Mukhang sa taxation na lang magkakaroon ng dagdag legitimacy ang crypto sa Pinas.

[I. Public Service Act (PSA) Amendment]

Habang hinihintay natin ang mga mas klarong regulation sa crypto transactions, bakit hindi muna natin tignan ang mga bagong batas na pwede magpalawak ng crypto adoption sa ating bansa.


I. Public Service Act (PSA) Amendment

Nabalitaan niyo naman siguro ito nung mga nakaraang buwan. Kung hindi pa, eto yung maikling paliwanag:

Under the amended PSA, the telecommunications, railways, expressways, airports, and shipping industries will be considered public services, allowing up to 100 percent foreign ownership in these sectors.

^ Dati kasi sakop pa yung mga industriyang yan ng 60:40 ownership kung saan hanggang 40% lang ang share ng mga foreigners.


Ano naman epekto sa publiko?

Dahil pwede na sila sa 100% ownership, mas gaganahan na sila pumasok sa Pinas > Magkakaroon ngayon ng kumpetisyon ang mga kumpanyang may monopoly/duopoly sa mga industriyang nabanggit > Pagandahan sila ng service para makakuha ng customers > Mas mabilis (pwede din mas mura) na serbisyo.

Sa telecommunications na lamang halimbawa, aprubado na ng NTC yung pagpasok ng Starlink ni Elon Musk sa bansa. Naalarma ngayon ang PLDT kaya naki-partner naman sila sa AST SpaceMobile para mas mapalawak ang kanilang coverage. Dahil dito, asahan na din natin ang pagtaas pa lalo ng internet penetration which is beneficial sa mga work from home, online freelancers, at sa mga kagaya natin na involve sa crypto.

II. Ease of Doing Business (Amendment to Anti-Red Tape Act)

Sa title pa lang, layunin nito mapabilis ang proseso ng mga applications. Sa ilalim ng batas, binibigyan lang ng 3 days, 7 days, o 20-working days (depende sa klase) yung Government officers.

Tingin ko malaking tulong na yan sa mga devs/team para magtayo ng blockchain start ups. Recently, may mga nababasa na akong mga bagong wallets (Pitaka at Paytaca) na pwedeng maging karibal ng Coins.ph. Tapos noong nakaraang mga araw, andito din sa Pinas si CZ at plano din kumuha ng VASP license para sa local operations ng Binance.


May mga iba pa ba kayong naisip idagdag sa listahan?

Tingin ko dapat mahiwalay ito para hindi matabunan sa main coins.ph thread.

So ayun na nga, binili dati ng Gojek ang coins sa halagang $95 million at binenta di umano ng $200 million kay Zhou.

So anong pwede natin asahanng mangyayari under the leadership ng bagong owner? Mukhang marami at malamang magiging beneficial sa mga matagal ng users.

“Gojek didn’t do much with it, which was unfortunate because Coins was the leading crypto wallet in the Philippines,” a senior investment executive familiar with the company told The Ken. “But now, with the new management, they’ll revive that part of the business as a crypto wallet and trading platform, making it the Coinbase of Southeast Asia.”

^ Kung titignan natin talaga, mukhang naging mabagal nga yung development. Kelan lang din nung nagdagdag sila ng mga panibagong coins at token (tapos meron pa fee ) Ano na pala nangyari as Coins.pro? Ang tagal ko ng hindi ginamit yun.

I was wondering din bakit nila binenta eh sigurado naman profitable sa kanila. Siguro ayaw nila maki-compete sa mga paparating din na mga crypto apps gaya ng sa GCash at Paymaya. Halos monopolized talaga kasi nila dati.

[free to attend]

The Global Filipino Investors (TGFI) is conducting a blockchain event to be held on March 19, 2022. Mukhang bigatin din kasi sponsored ni PLDT ayon sa website.

Let's Talk About Blockchain-Based Investments! Join us for a 1-day, free to attend, virtual discussion on Crypto, DeFi, NFTs, and everything about blockchain based investments and how it is revolutionizing businesses and altering how society operates in the digital economy.

Learn first hand from the industry experts and brightest of minds in the blockchain space about the vast opportunities blockchain has in store for us.

^ As you can see, libre lang naman. Ewan ko kung magiging satisfied kayo sa mga speakers na tinatawag nilang 'industry experts' dahil siguro kasabayan lang natin o baka mas marami pa ang nauna sa atin dito kesa sa kanila. Ganun pa man, may mga nakita na akong interesting topics na tatalakayin nila.



Baka may mga ayaw makinig sa inyo na mga kakilala dahil kayo mismo ang nagsasabi (familiarity), baka makinig sila kung ibang tao na magsasalita at mga nagpapakilang eksperto sa larangan.

Registration: https://tgfiph.com/blockcon2022/

FOR REPLAY:

For those who missed the event like me, eto yung replay:

https://www.youtube.com/watch?v=nsx823FabSw

Forward niyo na lang sa 55:30

So kaninang umaga may nabasa ako biktima nanaman ng isang project na nag-rugpull nung katatapos lang na Valentines Day. Ang problema nung tao ay hindi niya pala pera yung pinasok at nasunog (mukhang malakihan). Ang malungkot pa nito ay hindi niya daw nakayanan yung kahihiyan at lungkot kaya nagpasya na lang kunin sarili niyang buhay.

Maaring totoo ang kwento o hindi. Ganun pa man, isa na yan sa dapat natin ipaalala sa mga kakilala natin na bago pa lang o gusto pumasok sa crypto. Maliban sa pagigng mapanuri, dapat sariling pera ang gamitin at huwag na huwag mangutang.

Hindi ako masyadong pamilyar sa ganyang style at nabasa ko lang sa isang post sa social media.

Ganito bale ang kwento (summary):
1. Nagbebenta siya ng SLP through Binance P2P
2. May bumili sa kanya (person A) at payment method ay GCash
3. May natanggap si seller na payment pero galing sa ibang pangalan (person B). At this point, pinadala na din niya yung SLP.
4. Bigla may tumawag sa kanya na ibang tao nanaman (person C) claiming na na-hack FB niya at yung hacker daw ay humingi ng pera kay person B. Yun daw yung napunta kay seller.

Person C filed a police report na naging sanhi ng pagka-suspinde ng Gcash account ni seller. Kawawa naman at mukhang hindi pa naka-cash out.

Ano sa tingin niyo? Scam ba?

Meron din siguro sa inyo gumagamit ng Binance P2P at Gcash din accepted payment method. Doble ingat lang tayo.

You've probably seen this tweet posted many times around this forum and social media:



Apparently, the owner wanted to make money out of it by selling it as NFT on Opensea. The current price is around 1.7 ETH ($5K+).

Opensea link: https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/83584298764877393909683920256144949094050210591762876769547109989870544617473

https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/1684294517069921161380706694658171983823848071194747088938082780185138036737

Account: https://opensea.io/collection/crypto-tweet

^ Pretty clever isn't it?

If Jack Dorsey was able to sell his very first tweet as NFT, this person should be able to do it as well.

[Update (June 23, 2022): They could add another 28% tax on sale of goods and services (GST).]

Update (June 23, 2022): They could add another 28% tax on sale of goods and services (GST).
Also, title change.

The proposal by the Indian Finance Prime Minister as announced during the Budget 2022:

• 30% tax on all income/profit from sale/transfer of Digital Assets
• No deductions allowed in the tax computation except the cost of acquisition
• Losses are also non-deductible or cannot be used as an offset against other income
• 1% Tax Deducted at Source (If I understand correctly, it's similar to Withholding Tax)

If you're wondering why they used 'Digital Assets' instead of 'Currency', they do not recognized crypto as a currency. The PM said it only becomes a currency when it is issued by the Central Bank (CBDC) and anything outside it is an Asset.

What are your thoughts on this?

It's a double edge to me. We have the legalization aspect (after so many ban proposals) but the rate looks quite high especially when they lowered the personal income tax rates (for certain income brackets) and the Capital Gains Tax appears lower too. It seems like they really want to get the most from crypto retail traders and investors because they know that there is a strong demand and a large number of transactions.

https://timesofindia.indiatimes.com/business/india-business/30-tax-on-digital-assets-all-you-need-to-know/articleshow/89267925.cms

Next year pa mag-launch ang game na ito pero post ko na muna kung sakaling meron kayo extra BNB at gusto maging beta testers. Ongoing pa ngayon yung Beta Capsule sale nila (0.05 BNB isa)

Inclusions: skin + 71 LOA tokens + beta access

Sa ngayon 9K+ remaining out of 70K pa. Habol kung willing kayo take yung risk.

https://leagueofancients.com/public-sale



^ Nakabili na ako gamit yung napanalunan ko sa ibang laro kaya less risk sa akin.


EDIT: SOLD OUT. Lock ko muna habang wala pang ganap sa game.

[LIVESTREAM LINK]

Oo, tama yung pamagat

Quench your curiosity about cryptos!

Watch the FB livestream of BSP FinEd Expo 2021 Learning Session, “Cryptocurrency 101” on 23 November 2021 from 2:00 PM to 4:00 PM.

^ Attend para sa mga curious kung ano ituturo ng BSP tungkol sa crypto. Inaasahan ko yung useual price volatility at status as far as regulation is concerned. May matamaan kaya ng FOMO o di kaya naman FUD sa event na 'to? Ether way, magandang hakbang na din ito lalo na at galing mismo sa BSP. Magiging matimbang naman siguro sila. Alalahanin natin na marami na silang inaprubahan na Digital Asset Exchange kagaya ng PDAX at Coins.ph

~ invalid image removed ~

Edit: LIVESTREAM LINK

So may mga nakita akong posts sa isang crypto group na nagbebenta ng mga Real Properties (presumably personal) in exchange for crypto. Hindi naman sa hindi kapani-paniwala pero natuwa lang ako na merong ganun na din dito sa Pinas. I'm not sure kung attempt ito na habulin pa yung speculation na last leg ng bullrun this cycle pero sana naman hindi dahil mukhang risky na. Meron din kasi ako nabasa dati back in 2018 na nagbenta ng mamahaling sasakyan para bumili ng BTC around $3K at ibang top alts at floor prices.

Sa mga naghahanap ng condo o house and lot dyan, baka may nakita na din kayo ganitong option sa mga ahente.



Other posts:
https://i.ibb.co/q728Zmj/c1.png
https://i.ibb.co/S5Kgbn8/c2.png

^ tinago ko na lang yung accepted payment para hindi mag mukhang shill

[Regulated institution UBX now running a public stake pool on Cardano]

Nakita ko lang while browsing updates ng crypto/blockchain development dito sa Pinas.

Regulated institution UBX now running a public stake pool on Cardano

In addition to these partnerships, Cardano took strides to increase on-chain DeFi activity through a strategic collaboration with UBX. UBX, the fintech venture studio and fund spun out of UnionBank, has launched its own public stake pool featuring Cardano. UBX stakers are now able to earn rewards on their ada for helping to secure and operate the Cardano blockchain.

John Januszczak, President and CEO of UBX said, “To further excel and maximize the potential of blockchain, we’re looking at emerging protocols like Cardano to connect traditional financial markets to the world’s most innovative financial operating system.”

^ We all know na UnionBank talaga ang leading institution dito sa bansa pagdating sa crypto adoption pero hindi ko inaasahan yung participation nila sa staking pools o maging isa sila sa node operators (through UBX).

Tinignan ko sila sa listahan sa staking center at meron nga yung UBX1. Wala pa silang share sa pool pero ayos na din na open na sila. It's only a matter of marketing at time siguro bago dumami delegators nila. Tignan niyo na lang din kung sakaling may ADA kayo nakatambay lang sa wallet/exchange (estimated ROA is 8.23%).



credit to BitPinas

Napadaan lang sa feed ko tong balita na may gumawa ng website para maka-boto through blockchain tech. Nakakatuwa na may mga bata ng interesado sa development at napapanahon din na voting ang napili niyang proyekto.

Simple lang siya at ganito ang proseso:

• Sign up on iVote.ph with mobile number
• Voters will be given free unique and newly minted voting tokens
• Use the tokens to cast votes on an NFT art
• Submits selections

Hindi ko lang nagustuhan yung kailangan mangolekta ng numero pero kung willing naman kayo ibigay, give it a try. Seryosohin lang din sana kung boboto kayo at huwag dayain sa paggamit ng maraming mobile no. Baka kasi may new media org na magbabalita ng resulta tapos hindi naman pala tama.

Marami pa aayusin siguro dyan pero ang mahalaga ngayon ay maipakita sa mga agencies in charge sa election na kaya siyang gawin. Hindi na kelangan ng smartmagicmatic

^ Halos empty ang mempool kaya sobrang baba ng transaction fee ngayon mga kapatid. Send na sa inyong mga paboritong online pasugalan o palitan gamit ang inyong non-custodial wallet kung saan pwede i-customize ang fee.



Ang thread na 'to ay para sa mga hindi madalas mag-check at sa mga hindi alam kung paano. Update-update na lang natin lalo na kapag may malaking fluctuation. Siguro pwede natin classify yung below 10 sats as LOW, 10-20 sats as NORMAL, at above 20 sats as HIGH.

Alam ko maraming websites na pwedeng gamiting pero main source na pagkukunan ko ay https://mempool.space/

Kung gusto niyo mas technical at updated discussions tungkol sa mempool, bisitahin lang thread ni LoyceV https://bitcointalk.org/index.php?topic=2848987.0 (Sa mga Pinoy na marurunong, pwede naman tulungan na lang din tayo dito para sa mga dinudugo minsan sa mga English )

[flash loan attacks]

It was recently announced that CipherTrace will be providing analytics support to the Binance Smart Chain ecosystem to track what they call illicit transactions. What this means is that they will be flagging transactions/wallets that they deem involve in hacks, money laundering, or other illegal transactions.

We're thrilled to welcome a leading cryptocurrency intelligence company CipherTrace to the Binance Smart Chain ecosystem. Today, May 27, CipherTrace announced analytics support for Binance Smart Chain, providing the power to identify higher-risk financial transactions on BSC and its  600+ decentralized applications (dApps), with support from Binance. The inclusion of CipherTrace's analytics also allows Virtual Asset Service Providers (VASPs), including exchanges, banks, OTC desks, hosted wallets, and other financial institutions, to flag transactions occurring on BSC with a high probability of originating in illicit activity, including fraud

It's not something new but could be a much needed news after a series of flash loan attacks on different BSC DeFi platforms.

What's your take on this? Probably not something to be worried about especially if you're aware that BSC is a blockchain that's also centralized. These DeFi platforms can hault all trading/swap at anytime.

[1. PancakeBunny]

Active DeFi stakers probably read the stories already or have been caught in the middle. For the curious and unaware, PancakeBunnyFinance, AutoShark, Merlin Labs, and lately BurgerSwap have all been victims of flash loan attacks. It is also important to note that the codes of these platforms have passed some audit tests but were still exploited.

How the attacks hapened (in summary):

1. PancakeBunny - Lost ~$45 Million

1. The exploiter staged (and exited) the attack using PancakeSwap (PCS)

2. By exploiting a difference in PCS pricing, the hacker intentionally manipulated the price of USDT/BNB and Bunny/BNB, acquiring a huge amount of Bunny through the use of Flash Loans.

3. The exploiter dumped all the Bunny in the market (Ethereum), causing the price of Bunny to plummet

4. The exploiter then exited the attack by paying back the remaining BNB (by having exploited the price difference from before) on PCS.

The team has updated their code since as they should and you can read it here.

2. AutoShark - ~$745K

The story for this one is a bit funny. In an attempt to promote their platform, they suggested that the $100K DAI, that was donated by the PancakeBunny hacker, be staked in their platform and auto-compounded. The next thing you know, they were also attacked

Exploiter used $36,800,000, 100,000 BNB for the attack, and approximately 2,500 BNB was exploited — $822,800. 100,000,000 SHARK tokens were minted and used to drained all the liquidity in the LP pool because our token market cap was small (only at $2,000,000 approx) SHARK tokens, which are sold immediately via 1inch -> AnySwap.

3. Merlin Lab - ~$680,000

1. Added a small sum of deposit to the LINK-BNB Vault (with this transaction).
 
2. Send 180 CAKE to the LINK-BNB Vault contract. (this is important! this is the key that leads to the hack.)

3. Call getReward with the deposit of LINK-BNB Vault from the first step.

4. With the rather large amount of CAKE token in the wallet balance of the vault contract (sent by the hacker at step 2), it returned a large amount of profit (see detailed analysis below). As a result, the system minted 100 MERLIN as a reward to the hacker.
   
5. Repeated 36 times. Got 49K of MERLIN token in total.
   
6. Swapped MERLIN token into 240 ETH and transferred out of BSC using Anyswap.

Few hours after the attack, another hacker exploited another error in their code - lost ~$550,000.

Did you see they got hit *AGAIN* like 5 hours later for another 200+ ETH by a completely different exploit once they turned minting back on? 

https://bscscan.com/tx/0x664cbe3af9d7627819e1955a90d777d6cf492021eede057bc52686186da192e5 

This one takes advantage of a (intentional?) mistake in their new priceCalculator that misprices only BAND.

4. BurgerSwap ~$7,000,000

1. At around 3 am on May 28th (UTC+8) #BurgerSwap on the BSC chain encountered a flash loan attack; $7.2M was stolen from #BurgerSwap in 14 transactions;

2. Here is the core of the attack, Hackers created their own Fake Coin (non-standard BEP-20 tokens) and formed a new trading pair with $BURGER

3. by adjusting the routing, attacker created $BURGER -> Fake Coin -> $WBNB routing; through $BURGER -> Fake Coin trading pair, attacker re-entered  BurgerSwap  through Fake Coin & manipulated  number of reserve0 and reserve1 in the pair’s contract, causing the price to change

4. Then re-enter the transaction again and trade back the $WBNB, to obtain the extra amount of WBNB inputted

5. Using WBNB as an example to illustrate the details of the attacks:
(1) Attacker flash swapped 6,000 $WBNB ($2M) from PancakeSwap;
(2) Then swapped almost all $WBNB to 92,000 $BURGER on BurgerSwap
(3) Created pair with a fake token on BurgerSwap & added 100 fake tokens and 45k $BURGER to pool;
(4) Swapped 100fake tokens to 4,400 $WBNB through the pool;
(5) Because of reentrancy in time of transfer fake token, attacker did another swap from 45k $BURGER to 4.4k $WBNB
(6) In total attacker received 8,800 $WBNB in the two latest steps;
(7) Swapped 493 $WBNB to around $108,700 BURGER on BurgerSwap;
(8. Attacker repay the flash swap

All mentioned platforms have already set up ways to recover from the exploits. Follow their progress if you've invested in their platform or bought their token/s.

For those interested in keeping up with these kind of news, follow https://rekt.news/

[CNBC article]

"Goldman Sachs banker quits after making millions on cryptocurrency" - That's the headline on one of CNBC article

~ Aziz McMahon, Goldman’s managing director and head of emerging market sales in London, quit after making millions of pounds from a bet on the digital currency ether, three former employees at the investment bank told CNBC.

~ McMahon is believed to have cashed in at least £10 million ($14 million) worth of cryptocurrency, the sources said.

~ When approached by CNBC, Goldman Sachs confirmed McMahon’s departure but declined to comment any further.

I purposely left out the coins he bought and profited from because it's irrelevant. The guy must be earning big already given his former position but it took investment in cryptocurrency to quit his job.

How about you? Do you see yourself quitting your day job after this current bullrun? I hope you make enough to start with a business of your own.