Friedensausstellung Muenster

Bullet Points:
• NFT marketplace SudoSwap has launched its native governance token called SUDO with an airdrop of coins to early supporters.
• Early supporters of the project, including platform LPs, will be eligible to receive portions of the airdrop.
• SudoSwap is a different kind of NFT marketplace from the likes of OpenSea, allowing users to stake their tokens and receive rewards.

NFT marketplace SudoSwap has announced the launch of its native governance token, SUDO, with an airdrop of coins to early supporters. The recent resurgence of NFT trading volume has prompted the SudoSwap team to debut their token with an airdrop to incentivize early supporters of the project. All liquidity providers (LPs) on the platform will be eligible to receive portions of the airdrop.

SudoSwap is a different kind of NFT marketplace from the likes of OpenSea, allowing users to stake their tokens and receive rewards. The SudoSwap team plans to use the SUDO governance token to make decisions on the protocol, such as setting fees and listing new tokens. SUDO will also be used to vote on proposals concerning the development of the protocol.

Holders of the XMON token will also be eligible to receive portions of the airdrop. SudoSwap incentivizes XMON holders with additional rewards, such as exclusive access to upcoming products and services.

The airdrop will be distributed over a period of time. The SudoSwap team plans to use the airdrop as a way to increase the liquidity of the SUDO token. The team also plans to use the airdrop to engage the NFT community and build strong relationships with early supporters of the project.

The SudoSwap team is confident that the launch of their SUDO token will help to grow their platform, as well as increase user engagement and overall trading volume. For those interested in receiving portions of the airdrop, LPs and XMON holders should keep an eye on the SudoSwap website for more information.

• The hacker of Wormhole, one of the largest cross-chain bridges between Solana and other blockchains, has moved stolen funds of $155 million worth of ETH for the first time in months to a decentralized exchange.
• Blockchain data revealed that 95,630 ETH was sent to the OpenOcean DEX before being converted into ETH-pegged assets such as Lido Finance’s staked ETH (stETH) and wrapped staked (wstETH).
• The exploiter then used the wrapped staked Ether (wstETH) as collateral to take a $13 million loan in the stablecoin DAI, in a bid to buy nearly 7,989.5 ETH via KyberNetwor.

This week saw an explosive increase in on-chain activity coming from the address associated with the $320 million exploit of Wormhole, one of the largest cross-chain bridges between Solana and other blockchains. It has been revealed that the hacker behind the attack has moved a total of $155 million worth of ETH for the first time in months.

According to blockchain data from the analytic platform CertiK, the hacker sent a total of 95,630 ETH to the OpenOcean DEX, where it was then converted into ETH-pegged assets such as Lido Finance’s staked ETH (stETH) and wrapped staked (wstETH). The wstETH was then used as collateral to take a $13 million loan in the stablecoin DAI, in a bid to buy nearly 7,989.5 ETH via KyberNetwor. This process was repeated multiple times.

Following this, the hacker sent the newly acquired ETH to the decentralized exchange Uniswap. It is worth noting that the hacker has not attempted to cash out any of the stolen funds yet, and it is unclear what their ultimate goal is.

The latest development in the Wormhole exploit saga is a reminder of the importance of security and robustness in the blockchain space. It also highlights the need for more advanced solutions to bridge different blockchains and ensure the safety of users‘ funds.

• Ethereum Liquid Staking protocols have experienced a surge in value as the Shanghai upgrade approaches.
• Ethereum transitioned from a Proof of Work consensus algorithm to a Proof of Stake in 2022.
• Liquid Staking is a new form of staking that gives users more flexibility and control over their staking process.

Ethereum is the world’s largest smart contract platform, and its transition to a new consensus algorithm in 2022, referred to as The Merge, saw the network abandon Proof of Work and transition to Proof of Stake as a way of fulfilling its broader roadmap towards scalability, decentralization, and security. As the Shanghai upgrade inches closer, Ethereum Liquid Staking protocols have been experiencing a surge in value.

Liquid Staking is a new form of staking that gives users more flexibility and control over their staking process. Liquid Staking allows users to stake their ETH in an automated, trustless manner and receive rewards in the form of staking rewards. This is an attractive alternative to self-staking, as it does not require users to manually manage and monitor their staked funds.

Limitations of self-staking have led to increased demand for liquid staking solutions. Self-staking requires users to actively monitor and manage their staked funds, a process that can be time consuming and laborious. In addition, self-staking requires users to have a certain level of technical knowledge, as well as a certain amount of ETH locked in a staking wallet. This limits the ability of users to diversify their staking portfolios, as they are unable to easily move funds between different staking protocols. Liquid Staking solutions, on the other hand, allow users to stake their ETH without having to actively manage and monitor their staked funds.

The top three Ethereum Liquid Staking protocols are Lido, Rocket Pool, and Ankr. All three protocols offer users a secure and efficient way to stake their ETH. Lido is a decentralized staking protocol that provides users with a platform to stake their ETH and receive rewards in the form of staking rewards. Rocket Pool is a staking pool that allows users to pool their ETH and receive rewards in the form of staking rewards. Finally, Ankr is a decentralized staking platform that allows users to stake their ETH and receive rewards in the form of staking rewards.

Liquid Staking offers several advantages over exchange staking. Exchange staking requires users to stake their ETH on a centralized exchange, meaning that their funds are subject to the exchange’s custody and security measures. Liquid Staking, on the other hand, allows users to stake their ETH in a trustless, automated manner, giving them more control over their staked funds. In addition, Liquid Staking protocols typically offer higher staking rewards than exchanges, as well as more flexibility in terms of diversifying their staking portfolios.

As the Shanghai upgrade approaches, Ethereum Liquid Staking protocols are becoming increasingly important. By offering users the ability to stake their ETH in a secure, trustless, and automated manner, Liquid Staking protocols are enabling users to take advantage of higher staking rewards and more flexibility when it comes to diversifying their staking portfolios. As the popularity of Liquid Staking solutions continues to grow, it is likely that they will become an integral part of Ethereum’s future.

• Cardano’s price increased by 30% in the past seven days, charting the majority of these gains in the last 24 hours.
• Key Support levels are $0.30 and $0.24 while Key Resistance levels are $0.34 and $0.38.
• Trading volume exploded during this rally, reaching levels not seen in the past two months.

Cardano (ADA) has seen an impressive surge in its value over the past week, with the majority of these gains being made in the last 24 hours. The price of ADA rose from $0.24 to an impressive $0.34, with the bears managing to reject the price at the key resistance. This has been a remarkable achievement for the cryptocurrency, as it has been able to break through several key levels of resistance while also holding onto its support levels.

The volume of trading has also increased significantly during this rally, reaching levels not seen in the past two months. This is a strong indication of the level of interest in the cryptocurrency, with traders eager to buy and sell ADA in an attempt to capitalize on the current market conditions. This is an encouraging sign for the future of the cryptocurrency, as it indicates that more and more people are becoming invested in the project and its potential.

Support levels for ADA are currently set at $0.30 and $0.24, while resistance levels are set at $0.34 and $0.38. If the price is able to break through these resistance levels, then it is likely that the price will continue to rise. However, if the price is rejected at these levels then it is possible that the price could fall back down.

It is difficult to predict exactly what will happen with Cardano in the short-term, but with the current levels of trading activity and the bullish sentiment in the market, it looks like ADA is in a good position to continue its upward trajectory. It is also worth noting that the team behind Cardano has been pushing out numerous updates and improvements to the cryptocurrency, which could help drive the price even higher. For those looking to invest in ADA, now is an excellent time to do so.

• Lee Jung-hoon, the owner and former Chairman of the South Korean cryptocurrency exchange Bithumb, has been found not guilty of committing fraud.
• The Seoul Central District Court reportedly ruled that Lee had not defrauded Kim Byung-gun for 112 billion won ($87.5 million).
• Had he been found guilty, he could have faced a prison sentence of up to eight years.

The Seoul Central District Court recently ruled that Lee Jung-hoon, the owner and former Chairman of the South Korean cryptocurrency exchange Bithumb, was not guilty of committing fraud. The Court found that he had not defrauded Kim Byung-gun for 112 billion won ($87.5 million), and that he should not face a prison sentence of up to eight years.

Lee Jung-hoon had been accused of violating the Act on the Aggravated Punishment Of Specific Economic Crimes (committing fraud). However, the 34th Division of the Criminal Agreement of the Seoul Central District Court found him not guilty of the accusations. The Court established that there was not enough evidence to prove that Lee had committed fraud, and that the accusations were baseless.

Kim Byung-gun had accused Lee of not fulfilling a promise to transfer ownership of a subsidiary company. This subsidiary company had reportedly been valued at around 112 billion won ($87.5 million). Lee had allegedly agreed to transfer ownership of the subsidiary to Kim Byung-gun, but had not done so.

Lee denied the accusations, and the Court found that there was not enough evidence to prove that he had attempted to commit fraud. Furthermore, the Court found that the agreement between Lee and Kim Byung-gun had been made verbally, and that no written contract had been signed. As a result, the Court found Lee not guilty of the accusations.

This ruling is a major victory for Lee Jung-hoon, and for the cryptocurrency industry in South Korea. The Court’s ruling proves that cryptocurrency exchanges in South Korea are not used to commit fraud and other illegal activities. Furthermore, the ruling could help to improve the reputation of cryptocurrency exchanges in the country, and help to attract more investors.

• Bitcoin tried to challenge $17,000 hours ago but was stopped before having the chance to come close.
• Solana’s price performance has been quite positive ever since Vitalik Buterin’s comments.
• The altcoins have calmed since yesterday’s impressive gains, except for Solana, which continues to recover its recent losses and LDO.

The cryptocurrency market has been quite volatile in the past few days, particularly when it comes to the price of Bitcoin. After remaining relatively stable around the $16,500 mark for most of the end of 2022, the primary cryptocurrency made a sudden jump yesterday, attempting to break the $17,000 barrier. Unfortunately, it was stopped before it had the chance to reach that level, at least for now.

As for the altcoins, the market has calmed since yesterday’s impressive gains, with most of them staying relatively stable. The exception to this is Solana, which has been on a steady recovery ever since Vitalik Buterin’s comments on the blockchain. It has already reached a 10-day high and looks set to keep going. LDO has also been doing well, with its price increasing significantly in the past few days.

Overall, the cryptocurrency market is looking quite positive, with Bitcoin’s attempt to break the $17,000 barrier being a particularly encouraging sign. With more positive predictions for 2023, it could be a great year for the cryptocurrency industry.

• Crypto traders are taking advantage of IRS tax loopholes to convert worthless NFTs into tax breaks.
• A service has been created just to help traders take advantage of the tax breaks associated with NFTs.
• In a sign of entrepreneurial spirit, crypto markets are reacting and helping sellers unload their junk NFTs and get official receipts for their tax breaks.

Cryptocurrency traders are getting creative in their attempt to make the most of their losses this year. With the crypto winter setting in and the market suffering, traders are looking for ways to make the most of their losses, and many are turning to NFTs for an answer.

NFTs, or non-fungible tokens, are a form of digital asset that are stored on the Ethereum blockchain. NFTs are unique and cannot be replaced, making them an attractive option for cryptocurrency traders looking to convert their losses into tax breaks.

A new service has been created to help traders take advantage of the tax breaks associated with NFTs. The service, which is still in its early stages, is designed to help traders convert their worthless NFTs into tax breaks. The process works by allowing traders to sell their NFTs to the service, and then the service will issue a receipt that can be used to claim a tax deduction.

In a sign of entrepreneurial spirit, crypto markets are reacting and helping sellers unload their junk NFTs and get official receipts for their tax breaks. This is an important development, as it allows traders to make the most of their losses while at the same time ensuring that the IRS is aware of their losses.

The tax breaks associated with NFTs are especially attractive to traders who have suffered losses this year. With the crypto winter in full swing, many traders are looking for ways to make the most of their losses, and NFTs provide a viable option. The ability to convert worthless NFTs into tax breaks is an attractive proposition for many traders, and it is one that is starting to gain traction in the crypto markets.

Although the service is still in its early stages, it is clear that cryptocurrency traders are taking advantage of the tax breaks associated with NFTs. With the crypto winter still in full swing, many traders are looking for ways to make the most of their losses, and NFTs are proving to be an attractive option. As the crypto markets continue to react to the frost, traders are finding creative ways to make the most of their losses, and NFTs provide a viable option.

• Bitcoin entered the new year flat at around $16,500, with almost zero volatility for the digital asset.
• Nexo’s native cryptocurrency was today’s best performer, with a massive double-digit surge amid a calm market.
• Most altcoins also failed to produce any significant volatility, aside from the two recent high-flyers – OKB and Toncoin.

The year 2022 was a rollercoaster ride for Bitcoin, starting off the year with a high of almost $50,000, only to end with a 65% lower valuation. As we enter 2023, the market has remained relatively flat with almost no volatility in sight. Bitcoin is currently trading at around $16,500, with no major price movements taking place in the past few weeks.

Despite the lack of volatility in the market, there has been some positive news, with Nexo’s native cryptocurrency being the day’s best performer. The digital asset has skyrocketed by more than 15% on the day, with traders speculating that this could be the start of a bull run. Other altcoins such as OKB and Toncoin have also been performing well, with both assets seeing significant gains in the past few days.

The lack of volatility in the cryptocurrency market has led many analysts to speculate that the current trend could continue into the foreseeable future. With no major price movements taking place, it seems that the market could remain flat for the foreseeable future. However, this could also be a sign of investor confidence, as traders remain unshaken by the current market conditions.

Overall, the cryptocurrency market has been relatively quiet as we enter the new year. Bitcoin remains flat at around $16,500, with no major price movements taking place. Nexo’s native cryptocurrency has been the day’s best performer, with the asset surging by more than 15%. Other altcoins such as OKB and Toncoin have also been performing well, but there has been no significant volatility for the rest of the market. As the year progresses, it remains to be seen whether we will see an increase in volatility or if the market will remain flat.