Scammers Target Arbitrum Airdrop: Don’t Fall Victim!

• Arbitrum is launching a token airdrop on March 23, giving holders the ability to vote on code changes.
• Scammers have begun targeting this with phishing attempts and fake websites in order to steal funds from users.
• Crypto security firm Certik and Reddit user Cryptomaximalist has warned users to verify the website before clicking.

Arbitrum’s Upcoming Token Airdrop

Arbitrum is set to launch its ARB token airdrop on March 23, allowing holders to vote on code changes. This development has caught attention of scammers who are attempting to take advantage of crypto users’ excitement for free money by creating fake websites and phishing scams.

Warnings From Crypto Security Firm & Reddit User

Certik, a blockchain security firm, pointed out a fake Twitter account with the user name @arbitrum_launch as well as links to bogus Arbitrum sites. Reddit user Cryptomaximalist also warned against these scammers, advising everyone to check and verify the website before taking any actions.

Risk Of Fake Airdrops & Phishing Scams

Fake token airdrops and phishing scams are becoming increasingly common in the crypto space due to their potential for profit. It is essential for investors to be aware of these risks when participating in an upcoming event such as Arbitrum’s ARB token airdrop or seeking out free tokens elsewhere.

Tips To Avoid Being Victimized By Scammers

In order to protect themselves from potential scammers, investors should keep an eye out for any suspicious activity online or within their wallets. Additionally, they should always double-check that they are visiting legitimate websites by verifying URLs and making sure that accounts belong to official representatives of projects or companies.

Conclusion

It is important for investors and traders alike to stay vigilant when dealing with new crypto-related events or opportunities in order to protect themselves from malicious actors looking take advantage of them financially or otherwise; following simple tips can help ensure safety while taking part in activities such as Arbitrum’s upcoming ARB token airdrop

Ethereum Price Set To Double? Prediction for 2023 Shows $2000+!

• Ethereum (ETH) is the native cryptocurrency of Ethereum, a blockchain platform that revolutionized the DeFi sector by introducing smart contracts.
• In Ethereum (ETH) price prediction 2023, we use statistics, price patterns, RSI, RVOL and other information about ETH to analyze the future movement of the cryptocurrency.
• The current market status for Ethereum (ETH) is $1,456.59 with 24-hour trading volume of $17,918,796,825 and 24-hour price change of 3.7% up.

What is Ethereum (ETH)?

Ethereum (ETH), known as Ether, is the native cryptocurrency of Ethereum. Ethereum is an open-source blockchain platform that revolutionized the blockchain and DeFi sector by introducing smart contracts. This second-generation blockchain was launched in 2015 with its native crypto coin ether (ETH). The entire Ethereum network is fueled by Ether (ETH). It’s blueprint was first released in its whitepaper in 2013 by co-founder Vitalik Buterin and it functions as a launchpad for several other crypto tokens and decentralized applications (dApps). Smart contracts are coded programs that execute autonomously with pre-defined conditions on Ethereum deployed through an EVM or ‘Ethereum vending machine’.

Ethereum Transitioning to Proof-of-Stake(PoS)

The developers of Ethereum began preparing for a transition from proof-of-work(PoW) consensus to proof-of stake(PoS), which will be executed through ‘The Merge’ upgrade set for September 15th 2020. After this transition from PoW to PoS consensus; Ether (ETH) will convert into a deflationary token rather than an inflationary one.

Current Market Status Of ETH

The current market status for etheruem according to CoinGecko shows a price at $1,456.59 with 24 hour trading volume at $17,918,796,825 and 24 hour price change at 3.7% up – circulating supply levels stand at 120,467 336 units and all time high hit was recorded on November 10 2021 at 4 878 26 USDT .

Ethereum Price Prediction 2023

In our analysis of ETH price prediction 2023 we will use statistics ,price patterns ,RSI ,RVOL and other information related to ETH to analyse future movement of this cryptocurrency . Bullish eth price prediction 2023 stands between 1483 23 – 1805 26 USDT while bearish prediction stands at 1078 60 USDT . We also believe that eth could reach 2000 USDT soon but further research needs to be carried out before coming to any conclusion .

Conclusion

In conclusion we can say that ethereum has established itself as one of the most important crypto projects out there due to its wide range of features like smart contract capability so it’s quite possible that if all goes according to plan then eth could definitely hit 2000 usdt mark in near future .

Bitcoin NFTs to Reach $4.5 Billion Market Cap by 2025

• Bitcoin NFTs may reach $4.5 billion by March 2025.
• Ethereum and Solana were well-known leads in the field of NFT.
• The market estimation for the Bitcoin NFTs is $10 billion when the market is in a bull phase.

Bitcoin NFTs to Gain an Average $4.5 Billion Market Cap

Introduction to NFTs

The recent talks about Bitcoin Non Fungible Tokens (NFTs) have gained massive attention post the launch of Ordinal at the start of the new year. This has led to many updates like Yuga Labs’ announcement of “TwelveFold” and a recent update from Galaxy’s research unit with details about Ordinals and inscriptions, as well as a comparison between Bitcoin and Ethereum NFTs.

Ethereum vs Bitcoin NFTs

The introduction of Non Fungible Tokens on Bitcoin goes long back to 2012 and in 2014, Namecoin, the first NFT was minted on Bitcoin. As per Galaxy Research, if the market is in a bull phase, then this could lead to a potential market cap of $10 billion for Bitcoin NFTs whereas if there is bearish pressure then it could be reduced to $1.5 billion; with a neutral estimate being around $4.5 billion by March 2025.

Community Divided Over Network Stability

The bitcoin community is divided over this issue – one side thinks that an increase in activities will maintain network stability whereas other is concerned about increased transaction numbers leading to higher gas fees which can make it harder for small-scale transactors to use them effectively.

Conclusion

To conclude, it seems that although there are some concerns regarding increased transaction numbers resulting in higher gas fees making it difficult for small-scale transactors but if everything remains consistent then we may see a potential market cap of $10 billion or even more by March 2025 for Bitcoin Non Fungible Tokens (NTF).

Shiba Inu (SHIB) Price Prediction 2023: Will Shibarium Boost the Price?

• Shiba Inu (SHIB) is a top cryptocurrency among retail investors due to its high development potential.
• The wide adoption of cryptocurrencies can affect the price of SHIB in the future.
• The Shiba Inu community is awaiting the release of Shibarium, a layer-2 scaling solution which will benefit the environment by speeding up and lowering the cost of transactions.

What is Shiba Inu (SHIB)?

Shiba Inu (SHIB) is an ERC-20 token that keeps staying among the top cryptocurrencies among retail investors due to its high development potential. It has quickly become one of the market’s most frequently discussed cryptocurrencies as more people continue to deal in cryptocurrencies.

What Factors Affect The Price Of SHIB?

The demand for SHIB may climb along with investor interest as more people continue to deal in cryptocurrencies. Additionally, SHIB could see an increase in worth from any important partnerships or developments such as Shibarium, which is a layer-2 scaling solution being eagerly awaited by the community without having an official release date yet.

How Is Shibarium Expected To Benefit The Environment?

Shibarium is expected to improve scalability on Ethereum by speeding up and lowering the cost of transactions, thus benefiting the environment. Additionally, it will work with Ethereum (ETH) to carry out transactions on the Shibarium ecosystem, lightening the total burden thereby optimizing blockchain performance and efficiency.

What Is The Current Price Of SHIB?

According to CoinMarketcap, SHIB currently trades for $0.00001253 with a $279,474,649 hour trading volume at present time and has decreased by 4.17% during the past 24 hours.

Will Shibarium Boost The Price Of Shiba Inu (SHIB)? It remains to be seen whether or not Shibarium will boost the price of Shiba Inu (SHIB). However, if there are any important partnerships or developments associated with this project then it can have a positive effect on its overall value and potentially increase its worth over time.

Koinbazar Rebrands to KoinBX: Global Crypto Exchange Redefines Trading

• Koinbazar, a global crypto exchange, will rebrand to “KoinBX” on Feb 19, 2023.
• The project’s new look is meant to reflect upcoming features of the exchange and create an identity for the platform.
• KoinBX promises safety and security of user data and funds with multiple security protocols.

Koinbazar Rebrands to “KoinBX”

Koinbazar, a global crypto exchange where users can buy, sell, and trade crypto, will be rebranding to “KoinBX” on February 19th 2023. With this change in name comes a change in look that reflects upcoming features of the exchange as well as creates a new identity for the platform.

Goals Behind Rebranding

The main goals behind this rebranding are firstly to facilitate the entry of crypto projects and traders into the platform. Secondly, we have had experience with clients that has allowed us to gain a deeper understanding of the market and technology in which we operate. Lastly, our team at our exchange has become a principle force behind this change.

Features & Security Protocols

As a centralized exchange, KoinBX assures safety and security of its users’ data and funds as the system is integrated with multiple security protocols. Furthermore, it pays proper attention to fraud checks so no promising crypto startup fades out unnoticed. If you’re looking for fresh tokens to trade then welcome to KoinBX!

Regulatory Compliance & Customer Interests

It is impossible for KoinBX to accomplish anything without respecting regulatory compliance and safeguarding customers’ interests while onboarding millions of users worldwide into crypto through its revamped platform.

About KoinBX

KoinBX is an ever-growing global cryptocurrency exchange where traders can buy, sell, and trade cryptocurrencies in an authentic, reliable, and encrypted class of system. For more information or updates please visit their website or social media platforms like Twitter or Telegram!

KCS Price Prediction 2023: Will KCS Hit $25 Soon?

• KuCoin Token (KCS) is a profit-sharing token that allows traders to draw value from the exchange.
• The current market status of KCS is $8.47 with 24-hour price change of 3.5% down.
• The KCS price prediction for 2023 is bullish with a range between $8.774 and 14.513, and it could reach $25 soon.

What is KuCoin Token (KCS)?

KuCoin Token (KCS) is the native token of KuCoin, which is a profit-sharing token that allows traders to draw value from the exchange. It was established as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. KuCoin has also announced that Empowering KCS will be a priority of KuCoin and will build KCS as a killer product rather than a simple token, which is bound to further diversify the benefits that KCS holders can access. It employs the standard encryption protocol that ensures that user data and data transfers within the system are hidden from other users.

KuCoin Token (KCS) Current Market Status

The current market status of KCS is $8.47 with 24-hour trading volume at $1,867,244, and 24-hour price change of 3.5% down in circulation supply 97,385,672 according to CoinGecko data source. All time high recorded on December 01 2021 was 2883 USDT/KSC pair on CoinGecko platform.

Kucoin Token (KCS) Price Prediction 2023

The chart laid out the descending channel pattern which indicates bearish market trend currently in place for KSC/USDT pair on Tradingview platform with current price 874 USDT/KSC pair as per today’s date 9th February 2023 6:30 PM UTC + 5:30 time zone along with resistance level 1 877 USDT/KSC pair & support level 8494 USDT/KSC pair respectively as per today’s date 9th February 2023 6:30 PM UTC + 5:30 time zone according to Tradingview Data source for this particular cryptocurrency asset class only .

Kucoin Token (KCS) Support & Resistance Levels

From daily time frame we can clearly interpret support & resistance levels for this crypto asset class i e ; resistance level 1 stands at 877 USDT/KSC & support level stands at 8494 USDT/KSC respectively as per today’s date 9th Febuary 2023 6:30 PM UTC + 5:30 Time Zone according to Tradingview Data Source for this particular cryptocurrency asset class only .

Conclusion

In conclusion , our analysis indicate bullish trend in upcoming years for Kucoin Token (Kcs )with price prediction ranging between 8774 USDT – 14513 USDT where it may even reach 25 USTD if market conditions remain favourable during course of next few months or years .

Brother of Bithumb CEO Arrested on Suspicion of Embezzlement

• Kang Jong-hyun, the older brother of Kang Ji-yeon, the CEO of a Bithumb subsidiary, has been arrested on suspicion of embezzlement.
• Prosecutors allege that the brothers plotted to use the sale of convertible bonds to illegally syphon money and manipulate stock prices of Inbiogen and Bucket Studio.
• On January 10th, Bithumb’s Seoul offices were searched by investigators as part of a tax investigation.

Kang Jong-hyun, the 41 year-old older brother of Kang Ji-yeon, the CEO of a Bithumb subsidiary, was arrested on February 2 on suspicion of embezzlement. Prosecutors allege that the brothers plotted to use the sale of convertible bonds to illegally syphon money and manipulate stock prices of Inbiogen and Bucket Studio, a video production company. The Seoul Southern District Court had issued an arrest warrant for Kang Jong-hyun on many allegations, including dereliction of duty, market manipulation, and fraudulent transactions.

Vidente is Bithumb’s largest stakeholder, owning a 34.2% holding of the company’s stock. In response to the allegations, the CEO of Bucket Studio, Kang Ji-yeon, issued an apology to shareholders on the company’s website and stated that he would cooperate with authorities in their investigation.

Based on reports, a probe of the biggest cryptocurrency exchange in South Korea was initiated on January 10th. As part of the continuing tax investigation, investigators searched Bithumb’s Seoul offices. The investigation was based on charges of theft and market manipulation, with a particular focus on Kang Jong-hyun.

With the arrest of Kang Jong-hyun, the true owner of Bithumb, South Korea’s biggest cryptocurrency exchange, the case has been brought to the attention of the public. This case may have serious implications for the cryptocurrency industry in South Korea, as it could be seen as an example of the potential dangers of investing in the industry. Nevertheless, it is yet to be seen how this case will be resolved and what the consequences will be.

Roger Ver Sued For $20.8M After Defaulting On Crypto Options Transactions

• Crypto lending firm Genesis has filed a lawsuit against popular Bitcoin Cash (BCH) advocate Roger Ver for defaulting on crypto options transactions worth over $20.8 million.
• GGC International, the offshoot of Genesis, has given Ver 20 days to respond to the complaints filed against him, or else a default judgment will be meted out.
• If Ver fails to respond, he will be liable for any costs that GGC incurs throughout the court proceedings.

Crypto lending firm Genesis has recently taken legal action against popular Bitcoin Cash (BCH) advocate Roger Ver, suing him for defaulting on crypto options transactions worth over $20.8 million. The offshoot of Genesis, GGC International, has now given Ver 20 days to respond to the complaints filed against him, or else a default judgment will be meted out.

The court filing, which was made available at the New York State Supreme Court on January 23rd, states that Ver was due to make payment by December 30th but failed to do so. GGC has now given Ver 20 days to respond to the complaints filed against him, and if he fails to do so, he will be liable for any costs that GGC incurs throughout the court proceedings.

If Ver fails to respond, GGC will be able to file for a default judgment against him. This means that Ver will be held liable for all costs incurred by GGC and will be unable to contest the complaint. This could have significant repercussions for Ver’s reputation within the crypto space, as it could lead to other potential investors being wary of entering into any deals with him.

It is not yet known how this case will turn out, but it is clear that GGC is serious about making Ver pay for his default. It remains to be seen whether Ver will be able to come to a settlement with GGC or if the case will be taken to court. Either way, this case could have a significant impact on Ver’s standing in the crypto community.

Activision Blizzard Seeks New Chinese Partner to Continue Offering Hit Games

• Activision Blizzard announced that NetEase rejected their proposal to extend their partnership.
• Blizzard China disclosed that they will discontinue their game services in a few days due to the impasse.
• Activision Blizzard is looking for a new Chinese partner to continue offering their hit game, World of Warcraft, to Chinese users.

Activision Blizzard, a US based video game holding company, recently disclosed that Chinese publisher NetEase had rejected their proposal to extend their long-standing partnership. In a statement on the microblogging site Weibo, Blizzard China said that they were “sorry” that NetEase was not willing to extend the services of their game for another six months on the basis of existing terms as they look for a new partner.

The decision to end the partnership with NetEase will have an effect on the gaming industry and the end users, as Blizzard China announced they will discontinue their game services in a few days due to the impasse. The discontinued services will include their popular World of Warcraft game, leaving millions of gamers in China without access to the game.

In an effort to keep their game services alive in the region, Activision Blizzard has already started talks with potential partners for a new Chinese collaboration. The Santa Monica based company is looking for a new partner to continue offering their hit World of Warcraft game to Chinese end users.

The company has not yet revealed any details about the new Chinese partner and the terms of the agreement. However, it is likely that the new partner will be a global tech giant, as Activision Blizzard is looking for a “strategic” partnership to ensure the success of their games in the Chinese market.

Activision Blizzard has a long history of successful collaborations in the Chinese market and it is no surprise that they are looking for a new partner to continue offering their hit games to Chinese users. The gaming industry is constantly evolving, and it is important for companies to stay ahead of the curve in order to remain competitive. With their latest partnership with a new Chinese partner, Activision Blizzard is sure to remain at the forefront of the gaming industry.

Bank of England Re-Evaluates Digital Pound Plan, Unlike Other Nations

• Bank of England Governor Andrew Bailey has shared his thoughts on the idea of a country’s central bank digital currency, the digital pound.
• Bailey believes that there might be no need for a wholesale CBDC as England already enjoys a “wholesale central bank money settlement system with a major upgrade.”
• Bailey also stated that England is not trying to abolish the retail use of cash, suggesting that changing retail payments now would be a misplacement of priorities.

The Bank of England is reconsidering its plans to implement a digital pound, as other nations are making major progress in the field of central bank digital currencies (CBDCs). Governor Andrew Bailey recently shared his thoughts on the digital pound, expressing his belief that a wholesale CBDC might not be necessary.

Bailey noted that the country already enjoys a “wholesale central bank money settlement system with a major upgrade.” He also stated that England should not be trying to abolish the retail use of cash, as doing so would be a misplacement of priorities. Several nations trying to adopt CBDCs have maintained that digital currencies should only complement cash rather than outrightly replace it.

The Bank of England is not the only central bank that is exploring the possibility of launching a digital currency. The European Central Bank (ECB) and the Bank of Japan (BOJ) are also looking into issuing their own digital currencies. These projects are in varying stages of development and have different goals.

The ECB’s project is aimed at creating a digital euro that can be used for payments and investments, while the BOJ’s project is more focused on creating a digital yen that can be used as a store of value. Both projects have received positive appraisals from central bankers, with ECB President Christine Lagarde hailing the potential of the digital euro and BOJ Governor Haruhiko Kuroda emphasizing the potential of the digital yen.

However, the Bank of England is not as enthusiastic about the idea of a digital pound. Governor Bailey has expressed his belief that the current system of cash and card payments is adequate and that a digital pound would not be necessary. He also noted that the bank is not looking to replace cash but rather to improve the current system.

The Bank of England’s decision to backtrack on the digital pound comes as other nations are making major progress in the field of CBDCs. China has already launched its digital yuan and is actively testing it, while other countries such as France, Italy, and Japan are close to launching their own digital currencies.

It remains to be seen whether the Bank of England will ultimately decide to pursue a digital pound or if it will continue to focus on improving the current system of cash and card payments. Whatever the case, it is clear that the global CBDC landscape is changing and the Bank of England will have to make a decision soon.