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Meta Music Studios launch ‘The Apollo Project’ gaming platform

Steve Gray, founder of Meta Music Studios, has launched ‘The Apollo Project’ – his first NFT project for newly-created ‘MusicVerse’.

Bybit Contributes $134 Million to BitDAO to Support DeFi Growth

Bybit has made another contribution worth $134 million to its DAO to support the growth of the decentralized economy.

Lucky Block Storms to 226% Gain, Lists on CoinGecko – Buy Now?

Lucky Block has listed on CoinGecko, less than a day after the innovative lottery coin started trading on PancakeSwap, where the price continues to rise. [...]

Brussels Member of Parliament to Take Full 2022 Salary in Bitcoin

The game-theoretic aspect of Bitcoin adoption is shown as politicians around the world race to establish the most welcoming place for the industry.

MetaMask lead developer Dan Finlay explains how to protect your crypto

The crypto industry has been hit with a rise in cyber attacks from an increasingly audacious underworld of shady cypher crooks, and for more than 10 million active user wallets MetaMask lead developer Dan Finlay represents the guardian angel shielding...

Vladimir Putin Puts an End to Speculations about the Cryptocurrency Ban

During a video conference with the government  held on January 26, Russian President Vladimir Putin instructed the government and the Bank of Russia to seek consensus on the cryptocurrency industry.

No, quantum computers won’t hack Bitcoin by 2022

Quantum computers are billions of times more powerful than your PC, but researchers say it's still a decade before they threaten Bitcoin.

The post No, quantum computers won’t hack Bitcoin by 2022 appeared first on Protos.

Steve Aoki launches NFT membership community dubbed the ‘A0K1VERSE’

Newly-converted NFT enthusiast and DJ Steve Aoki has unveiled his latest venture into the NFT and metaverse space – the A0K1VERSE.

Patching the CentOS 8 Encryption Bug is Urgent – What Are Your Plans?

There are three things you can be sure of in life: death, taxes – and new CVEs. For organizations that rely on CentOS 8, the inevitable has now happened, and it didn’t take long. Just two weeks after reaching the official end of life, something broke spectacularly, leaving CentOS 8 users at major risk of a severe attack – and with no support from CentOS. You’d think that this issue no longer

Putin Supports Bitcoin Mining in Russia: Report

The Russian President is reportedly in favor of a welcoming regulation for bitcoin miners despite the Bank of Russia’s ban recommendations.

Followed by Powell’s Statements; Precious Metals, Crypto Markets, and Stocks Waver

Followed by Powell's Statements; Precious Metals, Crypto Markets, and Stocks Waver

Early Wednesday looked benefitting for the equities, crypto markets, and precious metals that did effectively during the trading session, just a little before the U.S. Central finished their meeting with the Federal Open Market Committee (FOMC). In a press release, the FOMC mentioned of the rise of the benchmark curiosity rate, however, Jerome Powell led by Central Financial Institution mentioned that the FOMC is thinking to ‘raise the federal funds rate at the March meeting.’ The statement of Powell followed by the FOMC meeting with the U.S. Central has observed a hawkish-kind of behavior amongst the buyers alongside the world market dipping in value.  The Clash – While Jerome Powell Wishes the Federal Funds Rates Change in March, FOMC Plans to Speed Up the Process In the press release on Wednesday, the FOMC mentioned that as the inflation rate is about 2 percent followed by a strong labor market, the Committee believes that it can soon raise the federal funds rate target range. As this statement by the FOMC highlights ‘soon,’ it translates that the U.S. Central Bank plans to maintain the baseline interest untouched, at least for now. Furthermore, the press conference attendees were explained by Powell about his opinion and taking into respect the views of most FOMC participants as well, “Inflation risks are still to the upside. There is a risk that the high inflation we are seeing will be prolonged. There’s a risk that it will move even higher. You asked what the risks are, and we have to be in a position with our monetary policy to address all of the plausible outcomes.” To back his opinions, Jerome Powell also said that the benchmark rate may increase in March, and noted that getting the Fed’s balance sheet down will certainly take some amount of time. Powell continued to stress the fact that, “The committee is of a mind to raise the federal funds rate in March assuming that the conditions are appropriate for doing so.”  Situation Following the Fed Statements With the stock markets closing, the following statistics were observed; NYSE dipped 103 factors, the Dow Jones Industrial Average dipped 129 factors. Howbeit, the NASDAQ maintained its position just a few percentages above, and S&P 500 lost only a few percentages. Accompanying the stock market closing, the value of 1 ounce of .999 fine gold slipped down to 1.77% and 1 ounce of .999 fine silver fell to 2.48%.  In consideration of that, the Gold bug and Economist Peter Schiff tweeted, “Powell said that the Fed will begin shrinking its balance sheet at the appropriate time.” He further stated that Powell has no certainty about when the shrinking of the balance sheet will begin and if the FOMC hasn’t discussed this, then what have they done? With the value of gold slipping after Powell’s statements, some users started trolling Schiff.  Even the world cryptocurrency market capitalization was affected greatly, as it dropped greater than 2% to 1.71 trillion. Also, the main crypto-asset bitcoin was a risk-taking task, but this revealed on the Bitstamp that the BTC jumped from $37,400 to #38,946. Just a few hours after Powell’s statement, various high ten crypto properties were lost between 2% to 7% in a few hours. 

The post Followed by Powell’s Statements; Precious Metals, Crypto Markets, and Stocks Waver appeared first on Cryptoknowmics-Crypto News and Media Platform.

Chaes Banking Trojan Hijacks Chrome Browser with Malicious Extensions

A financially-motivated malware campaign has compromised over 800 WordPress websites to deliver a banking trojan dubbed Chaes targeting Brazilian customers of Banco do Brasil, Loja Integrada, Mercado Bitcoin, Mercado Livre, and Mercado Pago. First documented by Cybereason in November 2020, the info-stealing malware is delivered via a sophisticated infection chain that's engineered to harvest

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