A new cryptocurrency that could compete with Celestia and Avalanche
Celestia rises 13% in just one week. Over the past week, Celestia, a layer-1 blockchain protocol, has experienced volatility.
After Manta Pacific’s integration was announced on December 4, TIA’s price increased from its trading position of approximately $8.31 on December 3. On December 6, TIA increased to $11.28.
Prices quickly corrected, though, and on December 10 they stabilised at about $9.41. TIA has increased 13.24% over the past week despite this.
According to analysts, TIA will close the year at $9.56 due to a rise in the use of Celestia’s products.
Avalanche increases by 51% Avalanche and Inspect collaborated to facilitate NFT trading. AVAX opened at $21.78 on December 3 and rose 51.83% to $33.07 by December 10.
A later peak for the coin was $34.12.
Rebel Satoshi presale is still going on and is up against other projects. Rebel Satoshi is a community-driven meme coin that is currently in its presale and seeks to counteract market centralization.
In three weeks, their Early Bird Round of presale came to an end. RBLZ was trading at $0.010 at this point.
Features like the Rebel NFT Vault, staking programme, NFT marketplace, and P2E game are accessible through RBLZ.
Rebel Satoshi was holding its Warriors Round 2 presale as of December.
The token can be purchased for $0.018.
During this round, investors can buy RBLZ with Bitcoin (BTC) and more than 50 other cryptocurrencies. Expected listing price for RBLZ is $0.025.
My Little Pony Princess Celestia: On December 6, TIA increased to $11.28 By NOW
Russian oil majors’ interest in cryptocurrency is on the rise, according to Bit River, a sanctioned mining firm.
As other nations like the U.S., Canada, Kazakhstan, and others have also successfully piloted this method of mining, Bit River CEO Igor Runets claims that Russia has enough resources to become a global leader in cryptocurrency mining using associated petroleum gas (APG), according to Russian media outlet RBC.
At least 50% of the mining market segment is currently accounted for by Bit River’s operational data centres powered by APG, according to Runets, who also noted that the company is seeing “growing interest from major Russian oil and gas companies in developing APG mining.”
Runets estimates that the Russian crypto mining industry can recycle up to 10 billion cubic metres of APG annually, or about half of the volume that is flared at this time.
In an attempt to cut off Russia from the international financial system in the midst of the ongoing conflict in Ukraine, the U.S.
government placed Bit River and a number of its subsidiaries on its sanctions list in April 2022 for their operations in the technology sector of the Russian economy. In a press release, the U.S.
Treasury stated that cryptocurrency mining firms assist Russia in making money off of its natural resources and that Russia has a “comparative advantage in crypto mining due to energy resources and a cold climate.”
Admitting guilt, the Nirvana Finance hacker consents to return $12.3 million.
The hacker launched another attack on a different Nirvana Finance project a few weeks later.
Officials from Protocol offered him a $500,000 reward for returning the money, but they were never able to come to a consensus. Shakib Ahmed was found guilty by a Southern District of New York court of breaching smart contracts and pilfering assets.
According to U.S. Attorney Damian Williams, Shakib Ahmed’s case represents the first conviction for this kind of hack:
Authorities in the United States are seeing more and more evidence of fraud in the bitcoin space.
Four out of the ten most significant cryptocurrency crimes this year, according to the Internal Revenue Service, involved cryptocurrencies. The biggest cryptocurrency market players were targeted by US regulators following the bankruptcy of the FTX cryptocurrency exchange in November 2022.
U.S. regulators, chiefly the Securities and Exchange Commission, have been suing some of the top players in the cryptocurrency market or the people who issue their assets since the start of the year.
Attacks were also launched at banks that offered cryptocurrency platforms accounts and payment processing services.
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