Features TheBitTimes.com

Source: May_Chanikran/Adobe Crypto scammers are ramping up their catfishing campaigns on East Asian dating apps, with another Japanese man falling victim to fraudsters. The man lost “more than $90,000” to a “foreign woman” – who has since vanished. NHK reported that, per the police, the man – aged in his 50s and a resident of the Murayama region – first met a “foreign woman” via an unnamed dating app in April this year. After chatting on the app for some time, the woman told the Japanese man: “If you invest in crypto, you will definitely make money.” The woman then went on to claim that she ran a crypto company – and had made a large amount of money by investing her own funds in the project. She promised him: “If you invest at least $11,400 in crypto [via my platform], there’s no way you won’t make money.” The man appears to have trusted the woman from the very onset. Poli...

Source: a video screenshot, CNBC / YouTube Sam Bankman-Fried, the disgraced founder of collapsed crypto exchange FTX, has signed extradition papers, agreeing to be extradited to the United States. According to a report by ABC News, Bankman-Fried signed the papers to waive an extradition hearing from the Bahamas after the crypto boss did not appear in court on Tuesday even as his lawyers and U.S. consular officials waited for two hours. Prior to that, in a Monday hearing, SBF declined to waive extradition, which surprised his lawyer and prompted courtroom confusion. Subsequently, the judge sent him back to jail. “Whatever trail that got him here this morning, it did not involve me,” SBF's Bahamian lawyer Jerone Roberts said at the time.  Nevertheless, SBF is now due back in court Wednesday. Since he has already signed extradition papers, he should be clear for transfer to New York. Reportedly, a US government plane is waiting to fly SBF back from the...

Shiba Eternity has been one of the most prominent releases by the Shiba Inu team. The game set milestones just a few days after its initial launch. Some of the earlier reports revealed that the game debuted on the top-20 games list on the Apple Store on the very first day that it was released. The game just kept on hitting milestones, with over 100,000 downloads just a week after its release. On November 16, 2022, Shiba Eternity entered the top-ten games in the world list, according to the data from the Apple App Store. The development team has been continuously monitoring and fixing bugs to make the gameplay experience as seamless as possible. Now, according to the latest report, Shiba Eternity has released a new version, V1.1.4. Let us look at the changes that came with the latest version of the game. Thank you for sharing @Materocks 🙏 https://t.co/HPIAZ2givE — $SHIB BPP (@ShibBPP) December 20, 2022 Shiba Eternity team fixed major bugs The late...

RoboVault Joins Chainlink BUIDL, RoboVault Single asset delta-neutral strategies on with an inbuilt IL protection mechanism. This program provides RoboVault with enhanced access to technical expertise, Chainlink services, and community support, enabling us to build more safe and reliable advanced automated yield strategies, while expanding our user base. In return, RoboVault will be providing network fees and other rewards to Chainlink service providers, including stakers, in accordance with Chainlink Economics 2.0. As RoboVault Joins Chainlink BUIDL. Why They Joined Chainlink BUILD RoboVault joined Chainlink BUILD to maximize the benefits of security and reliability that Chainlink Automation and other Chainlink services provide. As part of BUILD, they will receive key benefits. Including access to new Chainlink product alpha and beta releases and dedicated technical support from the Chainlink ecosystem. “Chainlink BUILD enables us to access the infrastructure, technical expertise, and...

American FinServ multinational corporation Visa recently released a proposal outlining how Ethereum users could set up automatic payments directly from their own, self-custodial wallets. It will be eliminating banks and other centralized entities from the equation. A team of researchers and engineers across Visa is working to evaluate the foundations of various blockchains. The focus areas include security, scalability, interoperability, privacy, and use cases of different protocols. JUST IN: Visa is exploring options to allow automatic payments via #Ethereum wallets without requiring manual transaction signing. — Watcher.Guru (@WatcherGuru) December 20, 2022 Visa’s Head of Central Bank Digital Currencies and Protocols, Catherine Gu, emphasized that the company is focused on growing their “core competencies in Web3 infrastructure layers and blockchain protocols driving crypto development.” Gu added, “If one of the major use cases of bloc...

Elon Musk might soon be stepping down as the CEO of Twitter and, judging by Dogecoin’s price action on Monday, the news isn’t going down well. DOGE, the token that powers the decentralized dog meme-inspired Dogecoin blockchain payments network, was last down just shy of 2.0% on Monday near $0.077 and eyeing a retest of last Friday’s lows in the $0.074 area. Price predictions for the cryptocurrency remain downbeat, with DOGE currently down close to 30% on the month. DOGE eyes key support area. Source: TradingView Traders are eying a retest of November’s double bottom lows in the $0.07 area, which also coincides with the key 78.6% Fibonacci retracement level back from the November highs near $0.16 to the annual lows just under $0.05. DOGE had pumped back in late October through to early November on hopes that Musk might implement Dogecoin into a future Twitter payments system. Price Prediction – Where Next For DOGE? If Musk does step down ...

Source: TradingView The price of cardano (ADA) has fallen by 0.5% in the past 24 hours, reaching $0.264293 following a bad weekend for the cryptocurrency market as a whole. Its current price marks a 14% drop in a week and a 19% decline in the last 30 days, with ongoing market negativity serving to depress financial markets worldwide. Given such losses, ADA holders may be hoping that the altcoin has reached a bottom and is due for recovery anytime soon, especially in light of its fundamentals and ongoing development. However, some analysts suspect that the cryptocurrency still has further losses in store before it ends the descent it has witnessed for much of 2022. Is it Too Late to Buy Cardano? Crypto Experts Give Their ADA Predictions Based solely on its technical indicators, observers could be forgiven for concluding that ADA really has hit a bottom. In particular, its relative strength index (purple) has fallen below 40 in the past day or so, signalling that it...

Given the market slowdown, XRP price prediction remains bearish, as it has broken through a symmetrical support level at $0.3735. However, XRP is now trading just above the double-bottom support level of $0.3470. Will XRP be able to 10x in the next bull market? Let's find out!  As reported by CNBC, former hedge fund manager Jim Cramer has uncovered what some in the crypto sector may regard to be an absurd reason to be pessimistic about XRP, Litecoin, and Dogecoin.  'Mad Money with Jim Cramer' is Cramer's CNBC show. In addition to his work as a co-anchor on CNBC's "Squawk on the Street," he also helped launch the financial news website TheStreet. Cramer discussed cryptocurrency yesterday during an interview with CNBC's "Squawk Box" co-anchor Becky Quick. “ I think you should be negative on crypto… I’m negative on the XRP, the Litecoin, and the Dogecoin because I’ve yet to find anybody who really takes them… These’s like ...

The Bitcoin price prediction hasn't altered much throughout the Asian session today, as BTC remains above the important support level of $16,550. Given the optimistic technical signs, the market is awaiting a critical on -chain signal before entering a typical bull market. The market's ongoing fear is keeping Bitcoin and other cryptocurrencies under pressure. Sam Bankman-Fried Rescinds Extradition Contest A former FTX CEO Sam Bankman-Fried plans to appear in court in the Bahamas on Monday to withdraw his opposition to extradition to the United States, where he confronts fraud accusations. As he rode the cryptocurrency bubble to make FTX one of the world's largest exchanges, Bankman-Fried acquired a wealth estimated at over $20 billion. The 30-year-old cryptocurrency tycoon was indicted on Tuesday in federal court in Manhattan on charges that he stole billions of dollars from FTX customers and used the money to pay off debts, cover personal costs, and in...

Introducing Dexo Exchange an extended decentralized exchange with the “World First C-DEX Protocol”. It is a centralized exchange that doesn’t hold your assets. Dexo is a New-Generation intermediate blockchain ecosystem that harnesses C-Dex, a decentralized cryptocurrency exchange, to bridge the gap between centralized and decentralized worlds of cryptos. Our offerings aren’t confined to a decentralized trading protocol. Furthermore, Dexo Exchange aims to cater to a wide spectrum of DeFi participants and businesses through our advanced trading terminals, NFT marketplace, launchpads, gamification, etc. The Dexo Exchange Mission Dexo aims to connect all isolated blockchains and establish a cross-chain asset exchange network, providing all necessary underlying support for the DeFi ecosystem. Let every digital asset holder experience a truly safe, free, and transparent DeFi service. Introducing Dexo Exchange Features Advanced Orderbook — Dexo has its own developed so...

The bill also authorizes local artists to issue nonfungible tokens (NFT) to promote financial and cultural inclusion. The province of San Luis in Argentina approved a legislation allowing the issuance of its own stablecoin pegged to the United States dollar . The token, dubbed the "Activo Digital San Luis de Ahorro", will be available to all citizens of the province over the age of 18 and 100% collateralized in liquid financial assets of the province .  The bill authorizes the province to issue the stablecoin up to 2% of its annual budget. It also stipulates that assets can be transferred between parties, but it does not specify which chain will be used for the transactions. The province of San Luis is home to over 430,000 people. The stablecoin issuance is only one of the initiatives described in the bill called “Financial Innovation for Investment and Social Economic Development”, which aims to promote development in several sectors in the province through Blockchai...

After suffering a 2.49% drop due to the Federal Open Market Committee's interest rate hike, Bitcoin has continued its fall and is now trading just under $17,000 with an overall decline of 2.88% over the past 24 hours. This slump has been attributed both to wider macroeconomic conditions as well as a run of unfavorable news that has shrouded the cryptocurrency industry these past few weeks. In testimony before congress, Kevin O'Leary shared that FTX and its major rival, Binance, were at odds to the point of attempting to put each other out of business. As a result of this "war," FTX was finally shut down and Binance became an unregulated global monopoly, as stated by The Shark Tank investor. Then, last night, Binance CEO Changpeng Zhao (CZ) was asked during CNBC's Squawk Box about the exchange's ability to return a $2.1 billion payment it received after exiting FTX's round of funding. CZ said that Binance is “financially OK” and shrugged...