Features News Today TheBitTimes.Com

The DeveloperReport has released its Q1 2023 report on crypto developer activity, highlighting that despite the recent price declines in the market, developer activities have remained strong, with approximately 21,697 active developers per month. According to the report, there were 9,350 new developers gained in Q1, and of the total monthly active ones, 7,039 were full-time developers. Nonetheless, part-time developers comprised the most significant portion of the spectrum with over 52% share. However, the report indicated that active software engineers declined by approximately 17% from all-time highs in 2022, with full-time developers also decreasing by 10%. DeveloperReport noted that the decline may be attributed to seasonal factors, with a drop in developer activity during December-January observed annually, referred to as “Developer Seasonality.” It also pointed out that 50% of developers that previously left joined during the 2021-2022 bull market, and 65% were pa...

In a conversation on Twitter, Andre Cronje, a co-founder of the Fantom blockchain, revealed that he is currently working on a new crypto payment infrastructure project. Cronje also shared that a closed beta version of the product has been launched.  Notably, the Fantom founder revealed the update after crypto enthusiast Michael Egorov complained on Twitter that his bank accounts with Revolut, a British bank, were closed for involvement in cryptocurrencies.  “They closed my personal and business accounts once they got information from me showing that the source of funds is crypto,” Egorov tweeted, “they are not the future,” he concluded. Need a card, or just payments infra? If the latter, I can add you to our closed beta. If card, that will be available by end of 2023, crypto friendly bank available to public within this year. — Andre Cronje (@AndreCronjeTech) April 21, 2023 Additionally, Cronje said the crypto infrastructure under development would be un...

When it comes to understanding the value of digital assets, knowing their circulation supply is vital. Moreover, in the realm of meme coins, understanding Dogecoin (DOGE) and how many tokens there truly are becomes important in forming a better understanding of their various aspects.  As of December 2022, there were approximately 132 billion Dogecoin (DOGE) tokens in circulation. Subsequently, the original meme coin doesn’t have a supply cap on the production of its tokens. Meaning, unlike an asset like Bitcoin and its 21 million coin limit, there is no ceiling on the amount of Dogecoin that can be minted and released. How DOGE is produced Source: Cryptopolitan In understanding Dogecoin (DOGE) and its circulating supply, it is first important to understand how the tokens are produced. Specifically, the token uses a proof-of-work (PoW) consensus mechanism, meaning that the tokens are minted and released through the mining process.  Miners utilize computers to solve ra...

The crypto community has been put on high alert following phishing websites masquerading as the popular Imtoken wallet. Collin Wu, a well-known Chinese reporter, revealed that the top ad for Imtoken on Chinese Google search is, in fact, a phishing website that uses Google Docs to commit fraud. Wu highlighted that many fake wallets are flooding search engines and forming an industrial chain, posing a threat to unsuspecting users. As a result, users are urged to be extra careful when accessing and using crypto wallets. The top advertisement of Imtoken in Chinese Google search is a phishing website, using Google doc for fraud. A large number of fake wallets are flooding search engines and forming an industrial chain, users must be careful. https://t.co/y8bJapgOAD pic.twitter.com/J0uuoqMxnF — Wu Blockchain (@WuBlockchain) April 21, 2023 In response, cybersecurity firm SlowMist expressed shock that such a scam could occur and has warned users to exercise caution. Acco...

While Terraforms’ Do Kwon and Han Chang-jun are facing charges in Montenegro, the other co-founder, Shin Hyun-seung, still walks free in South Korea. Prosecutors in Montenegro have report edly issued the indictments to Terra co- founder Do Kwon after arresting the executive in late March. The Prosecutor’s Office of the State of Podgorica has indicted former Terraform Labs co-founder and former CEO Kwon for allegedly forging legal documents, the Korean industry-focused news agency Block Media reported on April 20. The charges came a few weeks after Kwon was arrested on March 23 while trying to board a private plane at an airport in Podgorica, the capital of Montenegro. He allegedly was using fake documents while attempting to board the flight to Dubai. Terraform Labs co-founder and former CEO Do Kwon. Source: Block Media Han Chang-jun, Terraform’s former chief financial officer, is facing similar charges, the report says. Han was arrested with Kwon in Podgorica in March. Following th...

"There are no refunds. All sales of Trump Digital Trading Cards are final," developers wrote. A second collection of nonfungible tokens (NFTs) licensing the name and image of former United States President Donald Trump sold out on Apr. 19, one day after its initial launch. The collection featured 47,000 Trump digital collectibles priced at $99 each, netting over $4.65 million. On secondary market OpenSea, the Trump Digital Trading Cards Series 2 collection has since reached 750 Ether (ETH) in trading volume. The Trump NFTs utilize the former President's "name, likeness, and image" under a paid license and are not owned, managed or controlled by either Donald J. Trump or The Trump Organization. Individuals are promised one ticket to attend the Gala Dinner with Trump in South Florida if they purchase 47 Digital Trading Cards or buy 100 cards with crypto.  According to the FAQ section of website introducing the NFT series: "These are personal digital collect...

A new meme cryptocurrency named Pepe Coin launched this month, has captured investors’ attention. Pepe hit an all-time high of $0.000000301298 on Wednesday and is up nearly 300% in the last 24 hours. Investors are accumulating the token in a frenzy hoping that it could replicate Dogecoin and Shiba Inu’s success story. More than 10,000 investors have poured in their money into Pepe hoping to make life-changing gains. One such investor’s bet on PEPE is now worth $1.14 million with an investment of a mere $251. The $251 ballooned to $1.14 million in just 4 days, showcasing that anything is possible in the world of cryptocurrencies. Also Read: Shiba Inu: AI Predicts When SHIB Could Delete Its Next ‘Zero’ Source: Coingecko.com Pepe Coin: From Meme to Millions Source: Coindesk.com On-chain metrics ‘Lookonchain‘ shared a transaction where an individual investor swapped 0.125 ETH worth $251 to buy Pepe Coin. For $251, the investor accumulated 5.9 trillion Pepe coins and its price ...

Recent months have shown one reality that many thought was impossible: the BRICS collective of nations has undoubtedly shifted global political power. Yet, as the story is still unfolding, could the BRICS nations weaken the dominance of the IMF and World Bank?  This year, the BRICS bloc has already surpassed the G7 nations in GDP (PPP). Subsequently, as it takes aim at the international dominance of the US dollar, the shifting power balance is an interesting observation. Consequently, the IMF and World Bank could be the next powers to be usurped.  BRICS Threatening IMF and World Bank Source: Center for Global Development The BRICS countries are a collective of nations comprised of Brazil, Russia, India, China, and South Africa. Moreover, the bloc’s first official summit took place all the way back in 2009, with its first meaningful integrative steps coming in 2014. Then, the entity launched its New Development Bank, supporting seed money of $50 billion.  The developme...

Join Our Telegram channel to stay up to date on breaking news coverage The recent announcement of Tamadoge’s listing on a tier 1 cryptocurrency exchange has set up for a potential price explosion. Learn about Tamadoge, the next huge memecoin that will explode in value just like Dogecoin. Find out why this crypto with a focus on utility has amassed such a large user base and is causing excitement in the market. TAMA Will be Listed on the Top 5 Crypto Exchange on April 27th Since its Q4 2023 launch, Tamadoge (TAMA), a fairly fresh play-to-earn meme coin, is about to experience its largest increase. TAMA is trading at $0.0139 on Saturday, up 30% in the last 24 hours. The team has withheld the name of the top-ranked cryptocurrency exchange, delaying the announcement until April 24 and the official listing until April 27. It reached its all-time high (ATH) of $0.196 when it was listed on OKX, the 18th biggest cryptocurrency exchange in the world. 📢 TOP 5 EXCHANGE ...

- Advertisement - Not all projects are equal. The bear market has done more damage to certain digital assets than others. Solana (SOL) and Cardano (ADA) represent two glaring examples of this. Projects that have fallen in value massively, however, in the same market conditions, projects like Uwerx have continued to post huge gains. Solana (SOL) - Advertisement - Solana (SOL) has retraced nearly 95% from its all-time high in November 2021. FTX was an early back of Solana (SOL) and artificially increased the value of Solana (SOL) by selling customers’ deposits and using them to prop up Solana’s (SOL) massive valuation. When FTX collapsed, immense sell pressure hit Solana (SOL), effectively destroying its ecosystem. One of the last hopes for Solana (SOL) was NFTs, but two of the most significant projects, DeGods and y00ts, have migrated to new chains. Solana (SOL) has a huge uphill struggle ahead of it, and many analysts think the curtain has closed for this blockchain. Cardano...

Bitcoin faces a battle for key BTC price support to start the week, while market participants stay optimistic about trend continuation. Bitcoin (BTC) starts a new week under $30,000 as analysts’ predictions of a short-term support retest come true.  The largest cryptocurrency saw a classic dive following its latest weekly close as its latest gains evaporated — will they return? Ahead of a fairly innocuous week for macro data releases, catalysts are likely to come elsewhere as BTC price action makes a decision on a key support zone. Much is at stake for traders, as the week prior offered the opportunity to reinvestigate altcoins as Bitcoin itself cooled its upside. With a retracement now in effect, attention will be on whether those altcoins can hold at their own higher levels. Under the hood, it appears to be business as usual for Bitcoin — network fundamentals, already at or near all-time highs, show no definitive signs of a comedown of their own this week. It may be too early to det...

Join Our Telegram channel to stay up to date on breaking news coverage The market for cryptocurrencies may be highly unpredictable. A given token’s value might change drastically, frequently without prior notice. However, the recent asset recovery by FTX of $7.3 billion following the case has led to predictions from several analysts of a future bull run for FTT. In this post, we’ll look at how FTX’s lawyer played a part in the recovery process and how the company is still a dangerous investment. FTX’s Asset Recovery and the $7.3 Billion Lawsuit FTX revealed in 2022 that its ex change had applied for bankruptcy protection after losing control of its assets. It happened due to a significant security breach that led to the loss of multiple coins. All these led the world’s eyes to focus on FTX. Sam Bankman-Fried, a co-founder of FTX, was accused of several civil and criminal offences, including defrauding investors. According to its lawyer, FTX has...