KP3R, Andre Cronje’s new token, gains 2000% in a few hours

Yearn Finance founder Andre Cronje’s latest token offering has increased dramatically within hours of launch

A token recently launched by Andre Cronje, the founder of Yearn Finance, has skyrocketed just hours after its presentation, thanks to the accumulation of yield farmers.

The new token, called KP3R, is used in Cronje’s latest project, Keep3r Network, a decentralized platform for technical job advertisements in the gig economy, based on smart contract.

A few hours after the token launch, traders and „degen“ farmers started buying large quantities, causing a sharp rise in prices to close to $180. According to data from Uniswap.info, in the twelve hours following the launch of the token, the token rose again considerably, reaching the $350 level.

Trading on Uniswap started at $10 per token, but the incredible momentum immediately catapulted the price upwards, recording a 2000% increase in a few hours. According to Coingecko, the new token has already reached a market capitalization of $64 million.

At the time of writing, the KP3R token is around $320, a monumental gain since its launch, but potential investors should bear in mind that this is a highly speculative bet that could result in a collapse, as has happened with many other token launches this year.

The move has been commented on by several members of the crypto community, including Ethhub founder Anthony Sassano.

Some have suggested that a quick release would make Cronje a huge profit, but the developer has repeatedly stated that his intentions are more constructive, explaining in the past:

„I don’t build for speculators, I build for developers. My BitQT scam central goal is to create tools, so that other developers can easily use/integrate models I design and create products using them“.
With the launch of the Keep3r Network v1 smart contracts, the project went online. It is designed to connect crypto projects with technical experts. The concept involves „Keepers,“ i.e. external people and/or teams performing a job, and „Jobs“, a term used to refer to smart contracts configured with the aim of convincing an external entity to perform an action.

The network will be based on the new KP3R tokens, issued as rewards for completing the job.

The project was developed virtually covertly to prevent a repeat of the Eminence fiasco, which caused $15 million in losses. In the incident, yield farmers prematurely poured capital into EMN’s experimental contracts, which were subsequently hacked.

Moda tardía: PayPal finalmente se une a la industria del criptograma

  • PayPal ha decidido finalmente unirse a la industria de la criptografía, y pronto empezará a permitir a los usuarios comprar y vender monedas.
  • Inicialmente, PayPal desplegará el soporte de criptografía sólo en los EE.UU., mientras que el resto del mundo se unirá a principios de 2021.
  • PayPal introducirá soporte para BTC, BCH, ETH, y LTC, todos los cuales pueden ser almacenados en su cartera directamente.

PayPal ha anunciado oficialmente que está entrando en el mundo de la criptografía. Permitirá a los usuarios comprar y vender numerosas criptodivisas, incluyendo Bitcoin, con sus propias cuentas PayPal. Y, con más de 26 millones de comerciantes y proveedores de servicios en todo el mundo que aceptan pagos de PayPal, todos ellos ahora también aceptarán pagos encriptados.

PayPal lanzará primero los servicios de criptografía en los Estados Unidos

Mientras que las instituciones financieras, los bancos e incluso países enteros se han apresurado a empezar a lidiar con el cripto y la cadena de bloqueo desde hace años, PayPal se ha hecho conocido por mantenerse fuera de la industria de la moneda digital.

Esto finalmente va a cambiar, ya que el servicio ahora anunció planes para desplegar opciones de compra y venta criptográficas en las próximas semanas. Inicialmente, la capacidad de usar criptodivisas a través de PayPal sólo se desplegará en los EE.UU., gracias a su asociación con Paxos. Incluso recibió la primera licencia de bits condicional de su clase por el NYDFS (Departamento de Servicios Financieros del Estado de Nueva York)

Sin embargo, PayPal comenzará a permitir al resto del mundo comprar y vender monedas digitales a principios de 2021.

Un pequeño paso para PayPal, un gran salto para la adopción de la criptografía

Inmediatamente después de que la noticia saliera a la luz, el precio de Bitcoin subió casi un 5%, marcando un incremento del 12,23% en la última semana. La moneda alcanzó los 13.184 dólares antes de ver una fuerte corrección, pero incluso ahora, el precio de la moneda se sitúa en 12.771 dólares.

Además de BTC, PayPal también ofrecerá soporte para varios otros criptos, incluyendo Ethereum, Litecoin y Bitcoin Cash. La compañía reveló que sus clientes podrán almacenar todas estas monedas directamente en su billetera digital.

La medida ayudará a impulsar la adopción de la criptografía de manera significativa, ya que permitirá a la gente gastar sus monedas en millones de comerciantes de todo el mundo.

El director general y presidente de PayPal, Dan Schulman, comentó sobre la medida al afirmar que „El cambio a las formas digitales de las monedas es inevitable, y trae consigo claras ventajas en términos de inclusión financiera y acceso; eficiencia, velocidad y resistencia del sistema de pagos; y la capacidad de los gobiernos de desembolsar fondos a los ciudadanos rápidamente“.

Stablecoins indicate positive market sentiment

CryptoQuant deduces from an increased influx of stickcoins that private investors are investing more again.

In the days leading up to Bitcoin’s recent boom, stablecoins showed unusually high activity

As a reminder: Stablecoins are crypto currencies that achieve their eponymous (value) stability by being linked to an external asset, such as gold or the US dollar. In the crypto markets, stablecoins are often used to buy other cryptocurrencies.

On October 18, shortly before Bitcoin was able to make a big leap upwards, the inflow of stablecoins on crypto exchanges initially reached a record high of 56,000, before it was even improved to 60,000, as the data from CryptoQuant show. The crypto market researchers looked at the stablecoins USDT on Ethereum, PAX, USDC, TUSD, DAI, SAI, BUSD, HUSD and USDK.

As CryptoQuant CEO Ki Young Ju explained to Cointelegraph, the inflow was unusually high, but the equivalent in US dollars was not outside the norm. Nonetheless, the expert sees this as a sign that investors are currently positive:

„The fact that private investors are currently investing more means that the market situation is turning for the better.“

According to Ju, the high number of wallet addresses and transactions used indicates that the influx of stablecoins comes from many private investors and not from a few large investors. The logic behind his argument is that private investors are moving their stablecoins to crypto exchanges in order to be able to buy Bitcoin with them. From this he in turn derives the good market situation.

Stablecoin publisher Tether also „minted“ 450 million USDT on Tron’s blockchain ( TRX ) yesterday. As CTO Paolo Ardoino explains , the amount was initially only approved, but not yet put into circulation:

“Announcement: USDT 300 million was minted on the Tron network. This transaction is approved but not yet settled, which means that this amount will not go into circulation until the next cycle. „

O operador BitMEX contrata o diretor de conformidade em meio a acusações criminais nos EUA

A contratação vem depois que os fundadores da BitMEX foram acusados de não impedir a lavagem de dinheiro e de operar ilegalmente uma plataforma de comércio não registrada nos Estados Unidos.

O operador da bolsa de derivativos criptográficos BitMEX, 100x Group, contratou um experiente especialista em Anti-Lavagem de Dinheiro (AML), Malcolm Wright, como seu principal responsável pela conformidade.

Em um anúncio em 12 de outubro, o 100x enfatizou o perfil de Wright como o atual presidente do Conselho Consultivo e do Grupo de Trabalho AML na Global Digital Finance, e como palestrante cobrindo tópicos-chave que incluem as Recomendações da Força-Tarefa de Ação Financeira para Provedores de Serviços de Ativos Virtuais.

Na semana passada, o Grupo 100X havia remodelado sua liderança superior, retirando os co-fundadores da Bitcoin Up un BitMEX Arthur Hayes, Samuel Reed e Ben Delo das funções executivas. Hayes, Reed e Delo foram todos acusados em uma ação civil de aplicação da Comissão de Negociação de Futuros de Commodities dos Estados Unidos por operar uma plataforma de negociação não registrada nos EUA e violar os regulamentos da AML.

O Departamento de Justiça, em paralelo, apresentou acusações criminais contra os co-fundadores, bem como contra seu colega, Geoff Dwyer, que posteriormente tirou uma licença de seu papel de chefe de desenvolvimento de negócios.

Sem referência explícita às recentes acusações, o 100x Group disse oficialmente que „a nomeação de Malcolm é um marco notável para nós à medida que avançamos para a conclusão de nosso Programa de Verificação de Usuários e melhoramos ainda mais nossa função de conformidade“.

O perfil LinkedIn de Wright indica que ele passou quase dois anos e meio na Global Finance, em paralelo às suas funções como membro do conselho consultivo do Passaporte Comercial KYC com sede em Londres e como membro associado do Royal United Services Institute, que contribui para os debates políticos sobre crimes financeiros. Ele também é o fundador da consultoria de Conformidade de Crimes Financeiros e um ex-Chefe de Conformidade da Diginex e EQUOS.

O Grupo 100x enfrenta um grande desafio para reabilitar a imagem do intercâmbio. Comentadores alegam que as acusações contra a equipe BitMEX lançaram sua sombra sobre a indústria mais ampla e poderiam desencadear uma reação regulatória contra o espaço criptográfico.

The status quo of cannabis currencies

Cannabis is a narcotic drug made from the plant of the same name. It’s legalized in some countries and some states in the United States. Bitcoin is a way in the cannabis industry to make secure and anonymous payments. However, there are also many cannabis cryptocoins that can be used to buy cannabis with the value of a coin. Such alt-coins have cannabis as a reserve, so they can be used not only as bitcoin for cannabis but also for other goods. A look at the history of five cannabis tokens: what happened to the hype?

A guest contribution by Reiner Schmidt: Today retired, artist and hobby astrologer, the trained banker, old hippie, globetrotter and long-time quality manager would like to take a completely different, unfamiliar look at crypto, blockchain and the new era.

Cannabis and cryptocurrencies

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The cannabis and cryptocurrency sectors have both seen a tremendous boom and slumped in recent years. It’s no secret that the marijuana industry has been hampered over the years. A major problem with this is the relative reluctance of financial institutions to do business with cannabis traffickers.

However, new cryptocurrencies may finally allow the cannabis industry to reach their true financial levels. And, of course, the cryptocurrency would also benefit massively from „cooperation“. After all, the cannabis market would offer an incredibly reliable and steady stream of customers.

Savvy companies have seen this for some time and created digital currencies specifically for the „weed market“.

Five crypto cannabis coins have already attracted a lot of attention in the past. However, the crypto space is incredibly volatile, partly because there are hundreds of coins and tokens available. 99 percent of them will probably fail. Whether the above-mentioned „grass coins“ belong to it?

PotCoin (POT)

Introduced in January 2014, this cannabis coin is one of the longest running. There are currently 420 million PotCoins in circulation. However, the currency started off relatively slowly. After hitting $ 1 million in market cap in April 2014, it fell to $ 244,000 in a month.

Many experts at the time believed that PotCoin would hit $ 0.45 by the end of 2018 and $ 0.60 by the end of 2022. As of December 2018, it was only worth $ 0.012. While Bitcoin and other major digital currencies rallied, PotCoin never did. It remains stuck at $ 0.0109, with a brief outlier to $ 0.027 in April 2019.

CannabisCoin (CANN)

CannabisCoin came just a few months after PotCoin. He had a similar goal: to simplify transactions for medical marijuana dispensaries. It has been suggested to provide a super easy exchange ratio of cryptocurrency to actual marijuana. For example, for certain types of medical marijuana and cannabis preparations, you can exchange CANN at the rate of 1 token to 1 gram.

Like other crypto cannabis coins at the time, CANN benefited from legalizing marijuana in California. Most experts didn’t see it trading well above $ 0.30 by the end of 2018. They forecast a value of around 0.37 US dollars for 2022 – and were completely wrong.

CannabisCoin fell over 90 percent to just $ 0.03 in March 2018. Within 12 months, its value was only $ 0.005. He looked doomed but has recovered slightly in the meantime. Today one CannabisCoin is worth 0.011 US dollars, which is practically the level of PotCoin. There are 106 million tokens in circulation.

Salausmarkkinat syövät 10 miljardia dollaria, kun Trump lopettaa pandemian helpottelut

Maailmanlaajuiset osakemarkkinat ja kryptovaluuttamarkkinat ovat kääntyneet voimakkaaseen taantumaan sen jälkeen, kun Yhdysvaltain presidentti Donald Trump lopetti koronaviruksen torjuntatoimet.

Huolimatta erittäin nopeasta toipumisesta viruksesta, joka on ottanut yli 210 000 amerikkalaista ihmistä, presidentti Donald Trump lopetti äkillisesti neuvottelut puhemies Nancy Pelosin ja demokraattisten johtajien kanssa uusista taloudellisista avustuspaketeista.

Kaikki kolme Yhdysvaltojen suurinta osakeindeksiä menettivät vakaat voitot edellisestä päivästä ja putosivat negatiiviselle alueelle ilmoituksen jälkeen , ja salausvarojen markkinat seurasivat esimerkkiä, mikä osoittaa, että ne ovat korreloineet osakkeiden ja vähemmän kultaan viime kuukausina.

10 miljardin dollarin markkinakorko

Kokonaismarkkina-arvo on laskenut noin 10 miljardia dollaria viimeisten 24 tunnin aikana. Muutos vei markkinat alas 335 miljardista dollarista hieman alle 325 miljardiin dollariin.

Kuukausittain he ovat kuitenkin edelleen vaihteluväliin sidotun kauppakanavan sisällä, eivätkä he ole vielä laskeneet noin 310 miljardin dollarin kuukausitasoon.

Bitcoin Trader johti vetäytymistä tavalliseen tapaan 2%: n jyrkällä pudotuksella 10 750 dollarista 10 530 dollariin vain muutaman tunnin aikana. Sittemmin salauksen kuningas on toipunut hieman kauppaa varten 10 600 dollarilla.

Piilotetut laskevat erot päivittäisessä aikataulussa.

100MA toimi tähän mennessä kunnollisena tukena. Mutta sitä testataan uudestaan ​​ja uudestaan. $ BTC $ BTCUSD #bitcoin pic.twitter.com/uBbEMxCeph

Useat analyytikot ovat havainneet, että Bitcoinin volatiliteetti ja kaupankäyntimäärät ovat tällä hetkellä erittäin pieniä, mikä on yleensä edeltäjä suuremmalle eteenpäin.

Tätä pientä pudotusta ei voida pitää, joten palautus neljään numeroon näyttää todennäköisemmältä lyhyellä aikavälillä.

Muualla salausmarkkinoilla

Kuten tavallista, altcoinit törmäävät kovemmin ja ovat vastuussa suurimmasta osasta kyseisen markkina-arvon menetystä viimeisen päivän aikana.

Ethereum on pudonnut takaisin alimmalle tasolleen melkein kahden viikon ajan 5%: n laskussa hieman alle 335 dollarin, ennen kuin se on palautunut marginaalisesti takaisin 340 dollarin tasolle. Ripplen XRP on menettänyt vastaavan määrän, kun se liukuu takaisin 0,245 dollariin, kun taas Binance Coin on laskenut 27,40 dollariin.

Polkadot ja Chainlink ovat olleet kaksi päivän suurinta häviäjää, laskeneet noin 7% kappaleelta. Ainoastaan ​​EOS on pystynyt ottamaan salakirjoituksen salakahdeksan parhaan joukkoon ja tuottamaan 6%: n voiton uutisesta, että Google Cloud liittyy yhteisöön EOS-verkkolohkojen tuottajaksi.