Oddgravity

• The perpetrator of the $200 million hack of the Euler Finance protocol apparently rejected the offer of $20 million by mixing 1,000 ETH in Tornado Cash.
• The hacker has obfuscated 1,000 ETH in Tornado Cash and has 1,500 ETH in the address used to carry out the attack.
• Euler Finance offered a deal to keep 10% of the stolen funds if they returned the rest, but was declined by the hacker.

Euler Finance Hack

On March 16th, a hacker successfully hacked into Euler Finance for nearly $200 million and instead of accepting a deal from Euler Finance which included keeping 10% of stolen funds, they instead mixed 1000 Ether (ETH) worth approximately $1.65 million through Tornado Cash.

Tornado Cash Mixing

In order to mix their Ethereum tokens, they broke them down into ten transactions sending 100 ETH each to an intermediate address as part of their efforts to obfuscate their stolen funds on-chain. The total amount mixed was 1,000 ETH with only 1,500 ETH left behind in the original address associated with this attack. This makes it significantly more difficult for Euler Finance or law enforcement agencies to track down who is responsible for this attack.

Rejection Of Offer

Euler Finance proposed that if 10% of the stolen funds were returned then no further action would be taken against them however this offer was declined by the hacker leading Euler finance offering a reward worth one million dollars for any information leading to their capture instead.

PeckShield Alert

Following this event PeckShield sent out an alert announcing that “@eulerfinance exploiter on the move ~1,000 $ETH into Tornado Cash through intermediary address” with details about what had happened being shared over Twitter soon after it occurred.

Conclusion

It appears that despite being offered $20M as well as not facing any repercussions if 10% of their stolen funds were returned back to EulerFinance ,the hacker decided to remain anonymous and hide their identity by mixing up their Ethereum tokens through Tornado cash resulting in difficulty tracing back who is responsible for this attack now .

• BlackFort, a Layer-1 blockchain, launched its mainnet at the end of January 2023.
• The company has developed a network that has already got close to 10,000 daily transactions and gathered over 60,000 delegators from over 180 countries.
• With an average block time of 5 seconds and a POSA (Proof-of-Staked-Authority) driven system, BlackFort aims to provide a reliable and efficient platform for decentralization.

BlackFort Layer 1 Blockchain Is Live on Mainnet

BlackFort, a Layer-1 blockchain, launched its mainnet at the end of January 2023.

Mainnet Statistics

After announcing on January 13, 2023, on its Twitter account that the mainnet was coming soon, BlackFort is now waiting for increasingly more crypto enthusiasts to join the community. Up until this moment, BlackFort has gathered over 60,000 delegators from over 180 countries, thus ensuring that the network is well-distributed. With an average block time of 5 seconds, the BlackFort network has already reached over half a million validated blocks and more than 50,000 validated transactions.

POSA Driven System

Also called BXN, the smartchain developed by BlackFort is POSA (Proof-of-Staked-Authority) driven. This way, BlackFort has ensured that it reduces energy consumption and eliminates the need for expensive and advanced hardware for validating blocks.

Primary Focus

The main focus of BlackFort was and still is to provide a reliable and efficient platform for decentralization that makes itself remarkable thanks to its stability, scalability

• TRON has partnered with Oraichain to combine artificial intelligence with blockchain technology.
• This partnership provides education, incubation, and technical integrations to developers to build advanced solutions using AI.
• The integration of AI is expected to revolutionize the blockchain industry and create a new future for decentralized AI.

TRON Partners with Oraichain for AI Integration

TRON has taken a major step towards merging artificial intelligence (AI) and blockchain technology by partnering with Oraichain, the world’s first AI-powered oracle and ecosystem for blockchains. The aim of this collaboration is to provide developers with the tools they need to create innovative AI-powered solutions which will revolutionize the industry.

Education Resources Provided

To help developers learn more about how to integrate AI into their projects, TRON and Oraichain will be providing educational resources. They also plan on expanding smart contract functionality and innovating new use cases through this partnership.

Revolutionizing Blockchain Technology

The TRON-Oraichain partnership marks a significant milestone in the development of blockchain technology, as it is set to revolutionize the industry by offering developers access to powerful tools that utilize both AI and decentralized networks. Through this collaboration, TRON and Oraichain are paving the way for a future in which decentralized applications utilizing artificial intelligence are commonplace.

Fostering Community Involvement

In addition, TRON and Oraichain will strive towards fostering a community of investors, enthusiasts, and developers who are passionate about leveraging both blockchain technology and artificial intelligence together in order to innovate new use cases within their projects.

Collaboration Benefits

Overall, this partnership provides numerous benefits as it helps enhance existing smart contracts while also enabling new use cases through intelligent automation powered by machine learning algorithms. As such, it stands as an important milestone in ushering in a new era of blockchain based solutions that leverage artificial intelligence capabilities while remaining decentralized in nature.

• Republican Congressman Tom Emmer introduces bill to ban Fed’s CBDC
• The “CBDC Anti-Surveillance State Act” aims to protect financial privacy of American citizens
• Congressman argues that creating a CBDC could negatively impact financial privacy and individual freedom

Introduction

Republican Congressman Tom Emmer (R-Minn.) has introduced a bill to ban the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC). The “CBDC Anti-Surveillance State Act” aims to protect the financial privacy of American citizens by prohibiting the creation of a CBDC by the Fed without prior review and approval from Congress.

Purpose of Bill

Emmer argued that creating a CBDC could negatively impact financial privacy and individual freedom, as authorities and regulatory entities could use it as a tool to track and control citizens’ spending. The congressman clarified he is not opposed to technological innovation that could come with the creation of a CBDC. However, he maintained that these innovations should not infringe on citizens’ rights.

Provisions of Bill

The bill prohibits the Fed from issuing a CBDC directly to anyone, prevents it from using a CBDC to implement monetary policy and control the economy, and sets the frame for more transparency on such projects.

Effects on Financial Privacy

Creating a CBDC could threaten individuals’ right to financial privacy if used improperly by authorities or regulatory entities. It is therefore important for Congress to review any proposed plans before they are implemented in order to ensure that individuals’ civil liberties are protected.

Conclusion

In conclusion, Rep. Tom Emmer’s bill seeks to protect individuals’ right to financial privacy by banning the Federal Reserve from issuing its own digital currency without prior approval from Congress. This bill provides an important safeguard against potential misuse of this technology in order to monitor and control citizens’ spending habits.

• Friends of Sam Bankman Fried’s parents at Stanford pledged hundreds of thousands of dollars in surety bonds to keep the former billionaire out of jail.
• The guarantors behind Sam Bankman-Fried (SBF)’s $250 million bail package have been revealed to be Larry Kramer and Andreas Paepcke, two high-ranking academics at Stanford.
• Kramer signed a surety for a $500,000 bond, while Paepcke signed a $200,000 bond.

Sam Bankman-Fried’s Bail Bond Co-Signers

Friends of Sam Bankman Fried’s parents at Stanford have come forward to pledge hundreds of thousands of dollars in surety bonds in order to ensure that the former billionaire remains out of jail. After news organizations gained court approval to unseal their names in early January, it was revealed that the guarantors behind Sam Bankman-Fried (SBF)’s $250 million bail package were two high-ranking academics at Stanford: Larry Kramer and Andreas Paepcke.

Larry Kramer

Larry Kramer is president of the William and Flora Hewlett Foundation, a charitable organization with $15 billion in assets according to his online biography on Stanford Law’s website. He also serves on the boards of numerous non-profits such as the National Constitution Center, Independent Sector, and ClimateWorks Foundation and he has co-signed SBF’s bail with a surety for a $500,000 bond.

Andreas Paepcke

Andreas Paepcke is a computer scientist who uses “data analytics to create tools” focused on “user interfaces and systems for teaching and learning” according to his own Stanford bio. His hobbies include “piano studies, worrying and poetry.” He co-signed SBF’s bail with a surety for a $200,000 bond.

Bankman Fried Allowed To Stay At Home

Both individuals join Bankman Fried’s parents in allowing him to stay at home with them close to the university rather than staying in jail.

Conclusion

The signing by these two individuals allows SBF stay out of jail until his trial proceedings begin later this year if he abides by all conditions imposed by law enforcement authorities concerning his release from custody.

• Bitcoin has struggled to break through the $25K resistance level, causing a possible correction before another rally.
• Technical analysis shows that there is a bearish divergence between the price and RSI indicator.
• There is a static support level at the $22.3K region, making it an important liquidity source for the next move.

Bitcoin Struggles to Break Through Resistance

The market has recently surged towards the significant resistance level of $25K, but failed to break through it. This rejection increases the likelihood of a short-term correction before another rally can occur.

Technical Analysis

On the daily timeframe, Bitcoin’s price was rejected after reaching near $24K-$25K region. Additionally, a prolonged bearish divergence between the price and RSI indicator further increases this possibility. However, BTC may retest the 200-day moving average and broken trendline before initiating another rally aiming for $25K.

On the 4-hour timeframe, BTC plummeted below the flag’s lower boundary and retested its trendline to complete its pullback pattern. There is also a static support level at around $22.3K which provides adequate liquidity for any upcoming moves in this region.

Bulls Aim for Rally

The bulls remain optimistic despite these technical indicators suggesting otherwise as they are still aiming for a breakout above $25K in order to initiate their next rally towards higher levels. This could be hindered by any further corrections or rejections from this significant resistance level however if successful it could result in substantial gains for Bitcoin holders due to its current volatility and market cap size relative to other cryptocurrencies.

Conclusion

At present, Bitcoin is struggling to push past its main psychological barrier of $25K which could lead to corrections or rejections before another surge can occurr accordingly with technical analysis pointing towards such possibilities traders should be cautious when entering positions and keep an eye out for any further developments with regard to breaking through this key resistance level inorder maximize their gains from potential rallies afterwards .

Disclaimer

This article does not constitute financial advice nor is it an endorsement of any particular asset or investment strategy; readers are encouraged to carefully consider their own investment objectives and seek professional advice where necessary prior to making any investments .

• Israel’s most successful web3 businesses have come together to organize the first annual ETHTLV, which will run from February 1 to 9 in Tel Aviv.
• The inaugural event aims to invigorate the country’s thriving startup community, establish the community’s foothold in the global web3 scene, and discuss the steps web3 must take to onboard the next billion users.
• Attendees of the week-long series will learn from serial entrepreneurs who have forged businesses and become authorities in the web3 space, including ConsenSys, Metacartel Ventures, and Alchemy.

Israel’s most successful web3 businesses have come together to organize the first annual ETHTLV, which will run from February 1 to 9 in Tel Aviv. This event is a unique opportunity for startups and entrepreneurs in the web3 space to come together and share their experiences and insights on how to navigate the evolving landscape. It has been organized by some of Israel’s top web3 businesses, such as ConsenSys, Metacartel Ventures, and Alchemy.

The goal of the event is to invigorate the country’s thriving startup community and establish the community’s foothold in the global web3 scene. It will also provide a platform to discuss the steps web3 must take to onboard the next billion users. Attendees of the week-long series will learn from serial entrepreneurs who have forged businesses and become authorities in the web3 space.

The event will feature speeches and fireside chats from some of the industry’s leading figures, as well as workshops and panels discussing the current state of web3 and the challenges that lie ahead. Participants will have the opportunity to network with other web3 pioneers, learn from their experiences, and collaborate on projects. Additionally, ETHTLV will feature a hackathon, giving attendees a chance to test their skills against the best in the business.

The inaugural ETHTLV is an essential event for anyone interested in web3 technologies. It provides the perfect opportunity for startups, entrepreneurs, and investors to come together and share their knowledge and ideas on how to make the space more accessible and user-friendly. The insights and learnings that come out of this event will help propel the web3 space forward, and inspire the next generation of innovators.

Un token sale è uno strumento di investimento che consente ai partecipanti di acquistare e vendere token digitali in cambio di denaro o altre criptovalute. I token possono essere utilizzati per pagare beni e servizi, come partecipare a un gioco o trasferire fondi. Si tratta di un modo innovativo ed efficiente per raccogliere fondi per un progetto, aiutando gli imprenditori a realizzare le loro idee.

Un token sale non è solo uno strumento di investimento, ma anche un modo per promuovere un progetto. La promozione di un token sale include la creazione di una strategia di PR e comunicazione, il coinvolgimento degli investitori, la gestione della comunicazione con gli investitori e la creazione di contenuti sui token. Per avere successo, è importante creare una solida strategia di PR e comunicazione prima di lanciare un token sale.

Cos’è un Token Sale?

Un token sale è uno strumento di investimento che consente ai partecipanti di acquistare e vendere token digitali in cambio di denaro o altre criptovalute. I token sono simili a delle azioni, ma sono emessi all’interno di una blockchain, una rete di computer distribuita che utilizza la tecnologia crittografica per consentire transazioni sicure.

I token possono essere utilizzati per pagare beni e servizi, come partecipare a un gioco o trasferire fondi. Possono anche essere scambiati con altre criptovalute o monete tradizionali, come euro o dollari, su piattaforme di trading come Immediate Edge.

Promozione & Pubblicità

Promuovere un token sale è un compito importante per gli imprenditori. La promozione può aiutare a diffondere la conoscenza del token sale e a coinvolgere più investitori.

Un modo per promuovere un token sale è quello di utilizzare i social media per diffondere informazioni su di esso. È possibile creare contenuti sul token sui vari canali social, come Twitter, Facebook, LinkedIn e Instagram. È inoltre possibile utilizzare una strategia mirata di annunci a pagamento per raggiungere un pubblico più ampio.

Come creare una strategia di PR e comunicazione

Per avere successo nel token sale, è importante creare una solida strategia di PR e comunicazione. Una buona strategia dovrebbe comprendere la definizione di obiettivi, una pianificazione dettagliata degli strumenti da utilizzare e una valutazione delle risorse a disposizione.

È importante creare contenuti di qualità che siano pertinenti e informativi. È inoltre importante creare una strategia di marketing in grado di attirare l’attenzione degli investitori. Una buona strategia può includere annunci sui social media, campagne di e-mail, comunicati stampa, blog post e video.

Coinvolgere gli investitori

Per avere successo nel token sale, è importante coinvolgere gli investitori. Un modo per farlo è quello di organizzare eventi e partecipare a fiere e conferenze. Durante questi eventi, è possibile diffondere informazioni sui token e sui progetti.

È inoltre possibile creare gruppi sui social media come Facebook e Reddit dedicati alla discussione sui token. Questi gruppi possono essere utilizzati per coinvolgere gli investitori e raccogliere feedback sui token.

Gestire la comunicazione con gli investitori

Una volta che gli investitori hanno acquistato i token, è importante mantenere una buona comunicazione con loro. È possibile utilizzare una piattaforma di messaggistica come Telegram per inviare aggiornamenti ai partecipanti.

È anche possibile organizzare webinar o sessioni di Q&A per fornire maggiori informazioni sui token. Questo può aiutare gli investitori a capire meglio il token sale e a sentirsi parte del progetto.

Gestione della comunicazione sui social media

Gestire la comunicazione sui social media è un elemento importante della strategia di PR e comunicazione di un token sale. È importante creare contenuti interessanti e informativi sui token e condividerli sui vari canali social. È anche importante interagire con gli utenti e rispondere alle domande sui token.

Creazione di contenuti sui token

Creare contenuti di qualità sui token è importante per promuovere un token sale. È possibile creare contenuti sul blog, sul sito web o sui canali social. È importante creare contenuti pertinenti e informativi che possano attirare l’attenzione degli investitori.

È inoltre possibile creare contenuti che spieghino in modo dettagliato come funziona il token sale, i vantaggi che offre e come può essere utile per gli investitori.

Gestione dei contenuti di terze parti

Gestire i contenuti di terze parti è importante per promuovere un token sale. È possibile condividere contenuti sui vari canali social, come Twitter, Facebook, LinkedIn e Instagram. È inoltre possibile contattare direttamente i media e gli influencer per diffondere informazioni sui token.

Come ottenere una buona reputazione

Una buona reputazione può aiutare un token sale a raggiungere un maggior numero di investitori. Per questo motivo, è importante mantenere una buona reputazione. È importante rispondere in modo tempestivo ai commenti e alle domande degli investitori e fornire loro tutte le informazioni di cui hanno bisogno.

È anche importante fornire informazioni accurate sui token e sui progetti. È inoltre importante creare contenuti di qualità e sviluppare una strategia di marketing efficace.

Conclusione

Un token sale è uno strumento di investimento che consente ai partecipanti di acquistare e vendere token digitali in cambio di denaro o altre criptovalute. La promozione di un token sale include la creazione di una strategia di PR e comunicazione, il coinvolgimento degli investitori, la gestione della comunicazione con gli investitori e la creazione di contenuti sui token.

Un token sale può essere promosso utilizzando i social media, organizzando eventi, creando contenuti di qualità e sviluppando una strategia di marketing efficace. È inoltre importante mantenere una buona comunicazione con gli investitori e gestire i contenuti di terze parti.

Tutto ciò può aiutare un token sale a raggiungere un maggior numero di investitori e a ottenere una buona reputazione. Piattaforme di trading come Immediate Edge possono essere utilizzate per scambiare token con altre criptovalute o monete tradizionali.

Con una buona strategia di PR e comunicazione, un token sale può avere successo e aiutare gli imprenditori a realizzare le loro idee.

• Celsius is attempting to exit bankruptcy by issuing a new token.
• The tokens would be distributed to creditors with claims over $5,000 against the platform.
• Celsius’s legal team argues that liquidation would raise less money for creditors than restructuring.

The cryptocurrency lending platform, Celsius, has been in bankruptcy since July, and the court proceedings have been rife with accusations of fraud, arguments about customers signing over their crypto, and alleged attempts by the former CEO to flee the country. Now, the lender’s legal team is proposing a restructuring plan that heavily relies on the issuance of a new token to “aid recovery.”

Celsius’s plan would involve the distribution of the new token to creditors with claims worth more than $5,000 against the platform. This token would be a digital asset that would allow holders to claim a portion of the platform’s revenue. The team argues that this method of restructuring would raise more money for creditors than liquidation, and would result in a successful exit from bankruptcy.

The proposal has drawn criticism from some experts, who point out that many of the creditors may not be familiar with the concept of a cryptocurrency token. They also argue that the token could be subject to manipulation by the platform, which could potentially lead to a lack of transparency and accountability. Additionally, some argue that the token could be used to funnel money away from the creditors through various backdoor channels.

Celsius’s legal team has responded to these criticisms by noting that the token would be subject to regular audits and that the platform would adhere to all applicable laws. They also argue that the token would be a far more effective way to distribute the platform’s resources to creditors than liquidation.

Ultimately, the court will decide whether or not the token issuance plan is the best way for Celsius to exit bankruptcy. If it is accepted, it could set a precedent for future cryptocurrency bankruptcies. On the other hand, if it is rejected, it could lead to a more complicated and lengthy liquidation process.

•Vauld, a cryptocurrency lender, has been granted creditor protection by a Singapore court.
•The court has extended Vauld’s protection until February 28th, 2023.
•The firm is trying to revive its operations by introducing a restructuring plan.

Vauld, a cryptocurrency lending firm, has received an extended period of creditor protection from a Singapore court. The firm has been granted creditor protection until February 28, 2023, in order to give it time to present a restructuring plan. The move comes as the firm has been hit hard by the prolonged bear market, and is trying to revive its business.

Last summer, Vauld had to trim its size by 30%, reduce its marketing campaigns, and later halt customer withdrawals. As the firm failed to ink an acquisition deal with Nexo, it had no choice but to file for protection against creditors. The process is similar to Chapter 11 bankruptcy in the USA, and aims to help Vauld reorganize its debt in order to keep the business afloat.

The Singapore court has granted the firm the extra time to introduce a restructuring plan, although there is no guarantee that it will succeed. The restructuring plan will need to be approved by the court, and will involve negotiations with creditors. If it succeeds, Vauld will be able to continue its operations and pay back its creditors.

Vauld is hoping that its restructuring plan will be approved and that it will be able to recover from the prolonged bear market. It is a difficult situation for the firm, but the extra time granted by the court gives it a chance to turn things around. It remains to be seen if the plan will be approved and if Vauld will be able to revive its operations.