𝐒𝐌𝐅𝐗 𝐓𝐨𝐤𝐞𝐧 - Embrace The Future And Unlock Endless Opportunities

Mattie Lubchansky.

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TON and Alibaba Cloud Join Forces to Break Guinness World Records

Telegram’s ally, the Open Network (TON) Foundation, is teaming up with Alibaba Cloud to launch 256 servers for a special performance test on October 31, 2023. The main goal of this test? They’re aiming to make TON blockchain the undisputed speed champion and get it recognized by the Guinness World Records. Yahoo Finance shared that TON’s popularity has skyrocketed since 2022. Its user addresses multiplied from 170,000 to a whopping 3.5 million! Additionally, the network is now more spread out, boasting 350 validator nodes across 25 countries. And amidst all this growth? Not a single major hiccup in its operations. This upcoming test is more than just a tech showcase for both collaborators. It’s about showing off the potential of the TON blockchain, which is pivotal for Telegram’s Web3 universe. Anatoly Makosov, the main

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Bitcoin cash was a huge gainer on Monday, as the cryptocurrency rallied by as much as 14% in today’s session. The surge comes after Cointelegraph falsely suggested that Blackrock’s bitcoin ETF was approved by the SEC. An apology has since been issue

#Blockchain #Crypto

Rolling Stone

Your NFTs Are Actually -- Finally -- Totally Worthless

New report from industry researchers finds that 95 percent of the once-hyped crypto assets have hit rock-bottom valuation

“Dead NFTs: The Evolving Landscape of the NFT Market” is a new report from dappGambl, a community of experts in finance and blockchain technology. Upon analysis of 73,257 NFT collections, the authors found that 69,795 have a market cap of zero Ether (ETH), the second most-popular cryptocurrency behind Bitcoin. In practical terms, that means 95 percent of NFTs wouldn’t fetch a penny today — a spectacular crash for assets that reached a trading volume of $17 billion amid a frenzied bull market in 2021. The study estimates that some 23 million investors own these tokens of no practical use or value.

[...]

The “Dead NFTs” report observes that the nearly 200,000 NFT collections “with no apparent owners or market share” identified by the study caused carbon emissions equivalent to the annual output from 2,048 houses, or 3,531 cars.

- It suits you - Power always has.

Bitcoin Approaching $45k, Litecoin and BorroeFinance Expected to Rally

Bitcoin (BTC) has been trending higher for seven consecutive weeks, approaching the $45,000 mark. This upward trend has attracted both novice and experienced investors, driven by high optimism and ongoing discussions about ETFs. Traders expect altcoins like Litecoin (LTC) and BorroeFinance (ROE) to extend their gains alongside Bitcoin’s rise.

Litecoin, one of the major altcoins, has been in focus recently. BitPay, a crypto payment processor, has integrated Litecoin, allowing users to pay for Microsoft services using LTC. Additionally, Mecum Auctions has started accepting Litecoin as well. These developments have led to increased demand for LTC, pushing its price up to $73.60. The increasing number of transactions and active unique addresses also indicate a rising demand for Litecoin.

BorroeFinance, on the other hand, is an emerging altcoin that leverages artificial intelligence to connect investors with businesses or content creators seeking funding. The platform uses AI to assess risks and match investors with ventures aligned to their interests. BorroeFinance recently launched on the Polygon network, offering a secure and audited marketplace for earning, trading, and funding. The native token of the platform, ROE, is deflationary and powers the functionalities of the platform. In the ongoing presale, over 99% of the allocated ROE tokens have been sold. However, the long-term utility and adoption of BorroeFinance and its ROE token are yet to be tested.

To read the full article, click here.

Hashtags: #bitcoin, #litecoin, #borroefinance, #cryptocurrency

When a popular Neo-Nazi webcomic made this pro-Bitcoin comic in December 2017, Bitcoin was at $19,650. It crashed almost immediately after this comic came out, leading me to make this image on the one-year anniversary of this comic

Bitcoin then became mega-popular, and I got a lot of Bitcoiners sending me smug asks. 

Today, Bitcoin fell below $19,650 again, having lost 70% of its value since November, so I get to make an updated graphic

If seeing that bubble comic made you buy bitcoin and you HODLed for five years, you’ve lost money.