Cryptoanswer

12/31/2023

Which coin will be the next 10X? stay tuned, we start active back this page.
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07/18/2023

03/20/2023

Cryptoanswer

03/20/2023

When everyone think bull is coming.

01/26/2023

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01/19/2023

Twitter Introducing Its Own Digital Currency, Dogecoin will went to ZERO?

Since Elon Musk took over Twitter, the anticipation for Dogecoin to be used as a mode of payment has been high within the crypto community. The leaks shared by Jane Wong and Nima Owji do not have the slightest hint of Dogecoin or any other crypto being involved and Twitter Coin is still under development. Does this means dogcoin is dead?

According to a single tweet, the hint is very clearly. Elon Musk just want to win the dogecoin development team to build up his twitter coin and winning the dogecoin community and not the dogecoin itself.

on the other side, during a Twitter space in November, Elon Musk mentioned that he is “working hard on the DOGE.”

01/18/2023

These Altcoins Will be Hammered if Grayscale Needs to Liquidate

GBTC is a publicly-listed financial vehicle that gives investors exposure to Bitcoin without needing to buy and hold the asset physically. The trust had historically traded at a premium to Bitcoin but has, since late February 2022, been stuck at a hefty discount.Grayscale Bitcoin Trust Shares Jump 12%.

However, Altcoins Will be bloody when grayscale want to liquidate it.
>>>Following is the altcoins that may dump by grayscale: Basic Attention Token (BAT), Bitcoin Cash (B*H), Chainlink (LINK), Decentraland (MANA), Ethereum Classic (ETC), Litecoin (LTC), Solana (SOL), Stellar Lumens (XLM), and Zcash (ZEC).

ETC should they liquidate this trust. ETC prices are already in major pain, having dumped 90% from their all-time high to trade at $16 today.The Horizen ZEN token is also in the danger zone, with Grayscale holding 4.6% of its total cap. ZEN is currently down more than 94% from its peak price, changing hands today for $9.26. Zcash could also suffer with 2.5% of its market cap locked in a Grayscale trust. ZEC is down a whopping 98.8% from its ATH, trading at just under $40 today.

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01/17/2023

From January to November 2022 , crypto hackers stole over $3 billion. Your private key is not safe. It can be hack and retrieve from your public key with today technology. So, what is the safety of blockchain in 2023.

Wormhole Crypto Bridge – $320 million
Axie Infinity – $625 million
Beanstalk Farms – $182 million
Nomad Bridge Attack – $190 million
Wintermute Hack – $160 million
FTX wallets hacked – $400 million

Crypto Hacks of 2021 $7bn in value
#1 Thodex - $2bn Turkish Exit Scam
Finiko Billion Dollar Russian Ponzi
Poly Network $600mill
Cream Finance Turns Sour With Quartet of Hacks
（ $215m (feb) $37mil (August)$18.8m (September),$130mil (Oct)
Bitmart Private Keys Hacked For $196million
Vulcan Forged Plans To Live Long & Prosper Hit By Hack $140M
BXH Hacked For $139million From The Inside
Badger DAO Sett Raided For $120million
Liquid Sees $100million Leak Out In Hack
Polygon Narrowly Avoids Billion Dollar Disaster $1.4mil > $20b in today value

01/16/2023

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01/16/2023

Best Metamask Alternatives for 2023

Metamask announced that they would collect personal information, including IP address and transaction data, so it may be the perfect time to look for an alternative crypto wallet. Here is Metamask alternative that is easy to use and keeps your data private.

Rabby Wallet – The most secure crypto software wallet
XDeFi Wallet – Best for NFTs
Brave Wallet – Best for privacy
MathWallet – Best for multiple chains
Talisman – Best for Polkadot

Do you like to know more their unique features, how many blockchains are supported on the wallet, and most importantly, and comparison of each others.

Follow Cryptoanswer so you will get deep information on this page.

01/15/2023

MetaMask + Web3 Update 2023
Metamask is a cryptocurrency wallet as well as a gateway to blockchain apps. It is available as a mobile app, and a browser extension, and it equips its clients with a key vault, token wallet, secure login, and token exchange.

Statistics
There are more than 21 million monthly active users of Metamask
Metamask is owned by ConsenSys AG
ConsenSys AG is valued at $3.2 billion
This is a 38-times increase from 2020
Metamask connects you to more than 3700 apps

How powerful is Metamask + Web3?
Metamask is the leading self-custodial wallet which means that it is a digital authority manager for web3. This means that it only permits apps and websites to access data that a user gives permission to.

Web3 makes it really easy for creators to capture the true value of their work, and for communities to organize in real time, without having to worry about things like boundaries and borders.

Applications include decentralized autonomous organizations, NFT marketplaces, and decentralized finance applications

Follow Cryptoanswer for next big things about MetaMask. Things include infura, consensys, GivETH, Dao, EthicHub, DoinGud, Aragon, ENS, Farming, Staking and much more

01/15/2023

In this interview we talked to Diego López León, who works for the ETC Cooperative as a core developer of the Ethereum Classic network and is responsible for Hyperledger Besu, one of the ETC node software clients.

You may watch our interview with Diego here:

The topics we covered where the following:

Diego's background as a smart contracts blockchain core developer and his experience with Hyperledger Besu at IDB and ETC Cooperative.
The History of Hyperledger Besu at the Hyperledger Foundation and the integration of ConsenSys client Pantheon.
What is the role of the ETC Cooperative in the Hyperledger master branch.
What is ETC Cooperative's involvement in the EVM standard segment in general.
What are Hyperledger Besu's specific adaptations to ETC.
What are the functions and types of Hyperledger Besu in ETC.
How to run a Hyperledger besu node for ETC.
To learn more about Hyperledger Besu please go here: https://github.com/hyperledger/besu

了解更多有关以太坊经典: https://ethereumclassic.org/ #比特币 #比特幣 #区块链 #以太坊

01/14/2023

How to keep your crypto safe in 2023
James Check, the Lead on-chain analyst at Glassnode, explains why self-custodying your private keys has become more important than ever and how to do it in a few simple steps. Here is some of the point that emphasized

The interview discusses the concept of self-custody in the cryptocurrency market, which is the practice of controlling one's own private keys to eliminate counterparty risk.

Critics argue that self-custody is too complicated and risky for most users, but the lead on-chain analyst at Glassnode, James Check, believes that it is important for people to take ownership of their own digital assets and understand the responsibilities that come with it.

2022 has seen several instances of centralized entities overleveraging, lending out, or losing customer assets, which highlights the importance of self-custody in protecting one's digital assets.

The lead on-chain analyst at Glassnode, James Check, compares self-custody to holding physical cash or gold and emphasizes that the ability to hold digital assets in one's own keys is a key innovation of Bitcoin.

The interview mentions an event in which a Bitcoin core developer lost control of his Bitcoin in a hack, and some people have used this event to argue that self-custody is too complicated and risky for the average user, but James Check disagrees with this assertion and argues that people need to exercise a level of responsibility when handling their digital assets.

-chainanalyst

01/13/2023

$1.5B Stolen: DeFi Protocols Suffered the Most Losses in 2022

Forbes highlighted that these top five biggest crypto heists range from cross-chain hacks, code exploits, and flash loan attacks.

The top five hacks are

Ronin Network’s $625 million exploit, Wormhole’s $325 million theft,
Nomad Bridge’s $190 million hack,
Beanstalk Farms’ $182 million flash loan attack, and
Wintermute’s $160 million exploit.

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01/12/2023

Lido Finance has overtaken MakerDAO as the biggest DeFi protocol in the market, with $5.9 billion locked on the staking platform.

Leading decentralized lending protocol MakerDAO has lost its dominance in the DeFi market as liquid staking protocol Lido Finance claimed the top spot with the highest total value locked (TVL).

According to data from the DeFi market aggregator, DeFiLlama, Lido Finance currently has $5.9 billion in TVL, with MakerDAO and AAVE taking second and third place with $5.89 billion and $3.7 billion, respectively.

cryptopotato.com

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01/11/2023

Let us have a look at some of the top NFT marketplaces in terms of the highest trading volume.
OpenSea ($1.45 million)
Axie Infinity ($1.26 million)
NBA Top Shot ($1.06 million)
AtomicMarket ($850,840)
Decentraland ($789,670)

In terms of the highest sales, the following are the top 5 NFT marketplaces.
CryptoKitties (2,879,359)
Gods Unchained (572,996)
Sorare (382,410)
Ethereum Name Service (154,146)
Decentraland (126,268)

Considering the highest number of traders, the top NFT marketplaces are listed below.
AtomicMarket (20,585)
NBA Top Shot (19,380)
Axie Infinity (2860)
OpenSea (2569)
Sorare (1979)

01/10/2023

we must not forget that the real purpose of indexing is to measure the sentiment of investors in the market. It is not used as a buy-sell signal. If, however, it is used as such, we users may well get lost in the market sentiment.v

01/10/2023

Copy Trading is a feature that allows copiers to copy the trades of multiple elite traders by automatically aligning with traders' trading activities and thus generating profits or losses. Copy trading saves users from the trouble of opening and closing positions and monitoring the market for themselves as all trades of the trader that they copy will be automatically copied.
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01/08/2023