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Ethereum network is now fairer after MEV hits 6-month low

Ethereum miners have found exploiting normal users less lucrative after new MEV tools helped combat front-running on decentralized exchanges.

The post Ethereum network is now fairer after MEV hits 6-month low appeared first on Protos.

One of the Best Decentralized Blockchain-Based Hunting Metaverse on Cardano is launched by MetaShooter: The Best Gaming Experience

Using blockchain and hunting, MetaShooter is able to combine two multi-billion-dollar industries. The following perks are available to hunting enthusiasts who want to join the community: Win awards, complete trophy collections, or participate in other hunting-related expenditures to earn token rewards. The game offers real hunting as players compete in tournaments while utilizing the platform’s...

The post One of the Best Decentralized Blockchain-Based Hunting Metaverse on Cardano is launched by MetaShooter: The Best Gaming Experience appeared first on Cryptoverze.

Oil prices climb, gold stopped by yields

Oil jumps as IEA confirms tight market conditions Oil prices are rallying once more as the IEA raised forecasts for demand this year and confirmed that OPEC+ missed its output targets again in January and by an even wider margin of 900,000 barrels. The group acknowledged that the market is tight right now while highlighting […]

Ending the week in the red

Stock markets are ending the week in the red after investors were dealt another inflation blow on Thursday which dampened sentiment once more. We were just starting to see confidence building in the markets, with investors seemingly coming to terms with the prospect of four or five rate hikes this year. But the relentless and […]

Questions About A Trader Who Turned $50 Into $8M Made BBC Pull Out Documentary

Questions About A Trader Who Turned $50 Into $8M Made BBC Pull Out Documentary

A documentary on a 20-year-old crypto trader who allegedly turned $50 into an $8 million fortune last year has been removed by the BBC. The Crypto Millionaire was the title of the documentary, which chronicled the narrative of Hanad Hassan, a Birmingham resident who claims to have made a return of around 16,000,000% in a year by trading unnamed crypto assets. The piece was supposed to air this week, and it would have explored how Hassan had begun to give back to the community as a result of his newfound wealth, but it was canceled after the Guardian revealed on Feb. 10 that it had expressed problems about the BBC’s research: “The Guardian asked the BBC if it was confident in his claimed financial returns and questioned why the program’s promotional material did not mention that Hassan’s cryptocurrency Orfano was abruptly shut down in October, with many unhappy investors claiming they were left out of pocket as a result.” The Guardian’s media editor Jim Waterson wrote, “The BBC swiftly said it had withdrawn the show but did not make any further comment on its editorial checks.” Hassan Had First Turned $50 Into $1M in Q1 2021 Hassan had first transformed $50 into $1 million in Q1 2021, according to a now-deleted promotional story for the program on the BBC’s website (that can still be viewed via web.archive.org), before going on to co-create his own ‘special cryptocurrency’ that distributes all of its proceeds to charity. The BBC did not disclose the details behind Hassan’s ‘net worth’ and how he generated the money between Q1 and Q4 2021, therefore it is unknown how he made the remaining $7 million of the estimated $8 million sums. Hasan’s ORFANO token, according to Coinmarketcap, was introduced on April 2, 2021, with a 6% tax on all transactions using the asset. A portion of the tax revenue earned by the token was allocated to a wallet address for charitable donations. The coin does not have a pricing history, but according to the BBC, OFRANO donated $200,000 to charity last year from its profits. According to posts from the r/Orfano community on the social media network Reddit, the project remained silent in September before shutting down in October, implying that ORFANO barely lasted five or six months. Several individuals on the subreddit claimed that the project was illegitimate, but this is a pretty regular claim made by community members whenever projects fail. Hassan and co-founder Ahmed wrote in a message to the community that was reposted on Reddit: “Things haven’t gone the way we had planned and after careful consideration, we have decided that we will [be] stopping the continuing of the project. The team has put in every effort to maintain and grow the token but we don’t see any progress and a way to bring Orfano x back to the good days.”

The post Questions About A Trader Who Turned $50 Into $8M Made BBC Pull Out Documentary appeared first on Cryptoknowmics-Crypto News and Media Platform.

UniX Gaming: Meet The Future Of Play-To-Earn in the Metaverse

UniX Gaming is a community-centric platform that aims to become home to gamers within the metaverse and provide scholarships to help people in developing countries get involved in the booming play to earn arena. The concept of generating revenue through virtual games has remained the hottest keyword this year, thanks to the increased interest in [...]

The post UniX Gaming: Meet The Future Of Play-To-Earn in the Metaverse appeared first on Blockonomi.

Alphabet’s CapitalG Makes Big Bet on Salt Security

Salt Security is the latest addition to a growing list of cybersecurity startups boasting billion-dollar valuations.

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Apple Says WebKit Zero-Day Hitting iOS, macOS Devices

Apple

Apple’s struggles with zero-day attacks on its iOS and macOS platforms are showing no signs of slowing down.

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Ransomware Recovery Startup Calamu Banks $16.5M Investment

Calamu, an early-stage cybersecurity startup building technology to help businesses recover from ransomware infections, has raised $16.5 million in venture capital funding.

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Oil rallies, gold steady

Oil Crude prices have been in a ping-pong session over the past couple of days as energy traders monitor headlines regarding the Russia-Ukraine geopolitical conflict and Iran nuclear talks.  The Biden administration reached out to the Saudis but was unable to make any progress in getting oil prices down. The Saudis are sticking to their […]

Inflation shock, Stocks pare losses as Wall Street eyes half point March Fed rate hike, bitcoin

A hot inflation release has Wall Street bracing for a half-point Fed rate hike in March, with a full percentage point of hikes by July.  Everything got more expensive in January and fears remain that it will get worst. US stocks initially tumbled after surging prices made swap markets add another Fed rate hike, bringing […]

Bitcoin – Brighter days ahead?

OANDA Senior Market Analyst Craig Erlam discusses bitcoin’s resurgence and whether it can be maintained.

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