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Hello Pal To Commence Litecoin, Dogecoin Mining in Australia

Mark Brennan
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Hello Pal To Commence Litecoin, Dogecoin Mining in Australia

 

Hello Pal To Commence crypto Mining in Australia.

Hello Pal, a global chat and live streaming platform, announced the commencement of its crypto mining operations in Victoria, Australia. The company is mining Litecoin (LTC) and Dogecoin (DOGE for a start).

In an undisclosed place in Victoria, Australia, the mining farm has 100 Bitmain Antminer L7 Mining Rigs. Seventy-five of these belong to Hello Pal’s subsidiary, CPal Technology Limited, while the remaining 25 belong to the “wholly-owned subsidiary Hello Pal Asia Limited.” 

Hello, Pal announced the arrival of the much more powerful and efficient L7 Miners to Australia a few days ago as the company sold the old L3 Miners it used in its China operations.

“We are excited for our mining operations to resume again and pleased that we have been able to diversify the location of our rigs with this Australian mining facility,” said KL Wong, Founder and Chairman of the Company. “We look forward to the remaining 300 mining rigs in North America commencing operations soon.”

Mining to commence in North America soon

While mining operations have been initiated in Australia, Hello Pal looks forward to starting operations in North America very soon. According to an earlier announcement by the company, all 400 L7 Miners acquired were to be located in the United States. Still, it resolved that 100 be set up in Australia, which has been installed and is now in full operation. The remaining 300 are installed in New York State and Ohio mining facilities and will soon commence operations.

The data center in Australia has a capacity for up to 20,000 mining rigs, which means Hello Pal can conveniently expand its operations in the center if things work out well. 

Growing business by mining crypto 

Hello Pal is a live streaming and language learning platform. It is also a social crypto platform that has ventured into crypto mining. The company has been mining cryptocurrencies for some time now and only sold its old L3 Miners to secure the newer L7 miners.

The mining venture will help the company grow its live streaming and language learning business to provide better services to its clients, KL Wong said.

Cryptocurrency Heist Investigator Reveals How Much Twitter Influencers Receive To Shill New Projects

Albert Brown
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Cryptocurrency Heist Investigator Reveals How Much Twitter Influencers Receive To Shill New Projects

 

Cryptocurrency Heist Investigator Reveals That Twitter Influencers Receive Up to $25,000 to Shill New Projects.



Following the rising cases of crypto rug pull scams, an independent cryptocurrency researcher, who exposes crypto-related hacks and scams, has published a list of Twitter influencers and how much they are paid to promote these illicit projects. 

 

The researcher, who goes with the Twitter username @zachxbt, disclosed that the Twitter influencers earn as high as $25,000 to retweet and promote illicit projects to their large followers in order to lure them into investing in the projects. 

@ZachBoychuk, @TheCryptoCandy and @CryptoWizardd charge $2000 for shill tweets, @ZubyMusic charge $8000, @AltcoinGordon and @nikichain charge $2500 each.

@alexNFT, @redditinvestors, @dominiuecrypto charge $1000 for tweets.

Some of the influencers in the list include both past and present athletes, including Lindsay Lohan, an American actress who is allegedly charging as high as $25,000 per “shill” tweet, a name used to describe the promotion of a token. 

A quick glance at some of the accounts in the spreadsheet shows that the majority of influencers on the list promote obscure coins, non-fungible tokens (NFTs), and other coins and tokens. 

Some of these account owners explicitly state that they promote cryptocurrencies on their profiles. 

Aside from getting tokens promoted in only one of the accounts listed in the spreadsheet, token developers can have their tokens shilled across all the accounts for a premium fee of $80,000. 

Meanwhile, rug pulls are becoming increasingly popular in recent times. Investors have lost hundreds of millions of dollars to illicit actors who cart away with the token’s liquidity after many users have heavily invested in these projects. 

You Can Now Buy Porsche With Shiba Inu

Zabi
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You Can Now Buy Porsche With Shiba Inu

 

Now, you can turn your Shiba Inu (SHIB) into precious metal at Porsche Towson.

The mainstream adoption of SHIB continues to grow at a rapid pace. BitPay, the world leader in blockchain payment technology recently declared that they have partnered with Porsche Towson. The partnership will enable a Premier Towson Porsche Dealer to accept crypto as payment for vehicle purchases.

Bitpay specifically mentioned #SHIB in their tweet:

This means from now onwards, Porsche Towson will be able to accept Shiba Inu (SHIB) along with Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Wrapped Bitcoin (WBTC), Litecoin (LTC), Dogecoin (DOGE) and 5 USD-pegged stable coins (GUSD, USDC, USDP, DAI, and BUSD) for vehicle purchases.

Porsche is a German automobile manufacturer specializing in high-performance sports cars, SUVs, and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany.

Porsche Towson is a Porsche dealer in the United States. Porsche Towson is a go-to destination for all things Porsche in the Baltimore area, serving residents from Towson, Yorktown, Cockeysville, and Baltimore. The company offers a variety of new Porsche models in stock that one can check out in person and lease or purchase right away. In addition to new Porsche models, Porsche Towson also carries a selection of pre-owned cars for sale.

On April 14, 2022, BitPay enabled Taylor Travel Management Group, a leading agency that specializes in VIP Travel with a strong international focus to accept crypto in exchange for all of their services.

Old Deleted Tweets Link Elon Musk & Vitalik Buterin as the Founders of Shiba Inu (SHIB)

Albert Brown
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Old Deleted Tweets Link Elon Musk & Vitalik Buterin as the Founders of Shiba Inu (SHIB)

 

Old Deleted Tweets Link Elon Musk & Vitalik Buterin as the Developers of Shiba Inu (SHIB).


 

The popularity of Shiba Inu (SHIB) in recent times has made many people research the real identities of the developers of the dog-themed cryptocurrency project. 

However, all efforts have ended in futility as no one has seemed to be able to unmask the real identities of the team behind the project. 

While many people seem to have resigned to fate and settled with the pseudonymous founder of the project, Ryoshi, a new analysis by Watcher Guru, a cryptocurrency media outlet, suggests that the real developers of Shiba Inu are popular figures in the cryptocurrency space. 

According to the analysis, the CEO and founder of Tesla, Elon Musk, and Ethereum co-founder Vitalik Buterin are reportedly the founders of the dog-themed cryptocurrency. 

Citing April 19, 2019, old tweets that have been deleted, Musk made a post on microblogging platform Twitter, which reads “Ethereum,” a move by the Tesla boss to convince the Ethereum co-founder not to give away more free ETH. 

Moments later, Buterin invited Musk to attend the blockchain project’s event dubbed Devcon in Osaka, which was scheduled for October 2019. 

“You should come to our Devcon in October,” Buterin replied. 

Musk then proceeded to ask Buterin “What should be developed on Ethereum.” It did not take long before Buterin hurriedly deleted the comments, suggesting that the duo could have moved the conversation to a direct message (DM). 

It is worth noting that the first Shiba Inu blog post that introduced the cryptocurrency in August 2020 stated that Ryoshi, the pseudonymous founder of SHIB, met a friend the previous year in Osaka, who helped in the development of the digital currency. 

More Findings Link Musk to SHIB  

Furthermore, Ryoshi has always noted that he owns zero SHIB because he is committed to giving control to the common man instead of the founders of the project. 

Ryoshi’s claims of having zero SHIB correspond with Musk’s comment last year when the Tesla CEO noted that he does not own Shiba Inu tokens. 

elon 3

Elon also says he has “None” Shiba Inu.

elon 2

Could This Be True?

It is possible that the developments could be a mere coincidence. However, there is a possibility that there could be some truth. 

Meanwhile, Shiba Inu lead developer Shytoshi Kusama tweeted a link to the Watcher Guru article with the comment: 

“Well…that is… uh… interesting. #SHIB.”

 

Canadian SailGP Team to Leverage Blockchain to Reach Its Goals Via Partnership With Algorand Foundation  

Lele Jima
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Canadian SailGP Team to Leverage Blockchain to Reach Its Goals Via Partnership With Algorand Foundation  

 

Canadian SailGP Team to Leverage Blockchain to Reach Its Goals Via Partnership With Algorand Foundation.

  

A leading sporting organization, the Canadian SailGP Team, has announced a strategic partnership with blockchain project Algorand Foundation, a move designed to promote a brighter future for the planet through sports activities. 

According to a press release today, the three-year partnership is established as the parties share a similar vision of promoting a sustainable future using the nascent technology, blockchain. 

Notably, the partnership marks the first blockchain collaboration in professional sailing. 

SailGP Taps Blockchain via Algorand

Fred Pye, founder of Canada’s SailGP Team, noted that the organization’s combination of sports and technology makes it uniquely positioned to develop a platform to support the growth of digital assets. 

“The Canada SailGP Team is leading the development in this space, and I’m confident that we will be the first team in the league, perhaps in all of professional sailing, to showcase the possibilities of blockchain,” Pye added.  

Pye, who is a lifelong sailor and digital technology entrepreneur, noted that the organization has chosen the Algorand Foundation to enable it to achieve its goal in the near future. 

Reacting to the development, Staci Warden, CEO of the Algorand Foundation, disclosed his excitement at entering into a partnership with the Canadian SailGP Team, adding that the blockchain company is confident that its technology will come in handy in helping SailGP reach its objectives. 

“We look forward to collaborating with the team on a range of initiatives that will showcase the unique mix of performance, security and sustainability that mark out Algorand as a unique blockchain,” Warden added. 

Canada’s SailGP Team is focused on inspiring the next generation of sailors in Canada and creating new opportunities for young people to enter into sports in order to enable them to become exceptional athletes. 

Algorand Growth 

Meanwhile, Algorand has been dedicated to the objective of allowing everyone to harness the potential of blockchain technology by leveraging the power of the Algorand Protocol. 

The blockchain project has recorded significant growth since its launch, including recording over 11 million transactions on the network in seven days.

 

Data Shows Addresses Carrying Less than 10 BTC Raise Their Holdings Massively

Mark Brennan
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Data Shows Addresses Carrying Less than 10 BTC Raise Their Holdings Massively

 

Addresses Holding Less than 10 BTC See Massive Increase in 2022.



There has been a massive accumulation of Bitcoin recently, mainly by whales. However, data from the crypto market analysis platform, Into The Block shows that whales (those with 10,000 or 100,000 BTC) are not the only ones accumulating. 

 

Specifically, the data indicates that those less than 10 BTC have accumulated more this year than the whales holding at least 10,000 BTC. Indeed, the whales have reduced their BTC holdings from 4 million at the beginning of the year to 3.9 million currently, suggesting there is much more accumulation going on among the little guys.

This accumulation is evident by the drop in BTC balance on exchanges which shows that investors are withdrawing their holdings to personal wallets. In the chart above, those with less than 10 BTC have clearly increased their holding significantly and consistently since 2011.

Accumulation bullish for Bitcoin

As the number of Bitcoins on exchanges reduces, Bitcoin investors are getting more bullish because it indicates confidence in the asset. This, in turn, leads to an increase in the asset’s price. This pattern of withdrawing BTC from exchanges has been consistent since March of 2022 and is not about to stop, data from Glassnode shows.

btc balances on exchanges

Image Source: Twitter

Although there have been many bearish predictions concerning Bitcoin recently due to capitulation as the market corrects, these accumulations are a sign of hope for the medium to long term. So far, analysts have predicted that the price may crash to $30,000 if capitulation continues. The accumulation, though, suggests that investors are confident that the price will pick up eventually.

Bitcoin reclaims $40,000

After the acute correction that dragged Bitcoin below $40,000 to $38,000 due to a sell-off, the market has recovered significantly in the last 24 hours. Bitcoin has bounced 4.29% and is now trading at $40,993.72 at this report. 

Though this may just be a relief rally, that may not last. Ultimately, analysts still expect the price to crash towards the $30,000 level.

The well-known trader Michaël van de Poppe says that BTC remains to hold $40K to visit $43K.

 

 

 

Johnson & Johnson Files NFT/Metaverse Trademark Application for Virtual Goods

Mark Brennan
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Johnson & Johnson Files NFT/Metaverse Trademark Application for Virtual Goods

 

Johnson & Johnson Files NFT/Metaverse Trademark Application for Virtual Goods.



Leading global healthcare company Johnson and Johnson has filed a trademark application for virtual goods. The filling application is for LISTERINE, an antiseptic mouthwash produced by the company. The products to be included in the trademark are virtual mouthwash, gums, and mints, as well as online stores featuring virtual goods.

 

Details of the application filed on 12 April with serial number 97358245 indicate that it is an NFT/Metaverse trademark application. This covers a range of goods and services, including “virtual oral care, mouthwash, toothpaste, gums, mints, and breath freshening products.” Others are “downloadable multimedia files containing artwork, text, audio, and video files and Non-fungible tokens.”

The filing further covers online retail services “featuring virtual goods and delivery of physical goods.” There will also be entertainment services such as “online non-downloadable virtual oral care, mouthwash, toothpaste, and breath freshening products in virtual environments created for entertainment purposes.”

Top companies going into NFT

This trademark application is not the first by Johnson and Johnson focusing on virtual products and services. The company has in the past filed for BAND-AID and MOTRIN, two of its most popular products. With this, it has demonstrated its interest in the NFT and virtual reality world.

Johnson and Johnson is not the only top global brand interested in the emerging world of NFTs and metaverse. Just a few days ago, Mastercard applied for NFT and Metaverse trademarks as well. Like the new Johnson and Johnson application, the 15 trademark applications cover a wide range of Mastercard services relating to NFTs and metaverse.

Contributing to the growth of NFT and metaverse

On its own, the NFT and metaverse ecosystem has been growing hand in the short time that it has been around. According to a CNBC report, the industry grew by 21000% in 2021 to surpass $17 billion. This growth may have been influenced by several institutional players entering the space recently.

However, the coming of giants such as Johnson and Johnson and Mastercard could be a real game-changer. If this trend continues, the ecosystem may explode beyond anything seen in the past.

John Richmond To Buy Store In Shiba Inu Metaverse As Public Sales of Shib Virtual lands May Start This Friday

Zabi
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John Richmond To Buy Store In Shiba Inu Metaverse As Public Sales of Shib Virtual lands May Start This Friday

 

John Richmond seems interested in buying virtual land for its store in SHIB: The Metaverse.



SHIB: The Metaverse has recently entered into its 7-days “Holder Event,” following the successful completion of its initial stage, i.e., the 3-days “Early Access Land Bid Event” on Saturday, April 16. The competition remained fierce as 4500+ transactions were tracked during the first phase.

Holder Event is “Exclusive” and is supposed to be yet another opportunity for those who could not participate or place bids for lands during the initial stage.

As per SHIB INFORMER, the official member of the SHIB ecosystem, the Exclusive “Holder Event” is set to end on Friday, and Public Sales of the virtual lands will start, i.e., anyone will be able to buy land without Leash/Shiboshis restrictions.

Following this, an Italy-based clothing brand and one of the official partners of SHIB Ecosystem, John Richmond, has expressed his interest in buying a virtual land for its store in SHIB, Metaverse via tweet, which was highlighted by Sythoshi Kusama.

 

On 28th February 2022, Shiba Inu (SHIB) declared that they had stepped into the Fashion Industry by partnering with John Richmond, an English fashion designer based in Italy.

On March 26, 2022, John Richmond officially announced the acceptance of SHIB on LEASH at their online shop via NOWPayments. At the same time, the famous clothing brand declared that it would also contribute to the Burning of SHIB. As per the announcement, John Richmond will use 9% of its profit per sale to burn SHIB and 1% to burn LEASH.

Many usually know John Richmond as a rock ‘n’ roll brand. Some of the biggest names in music have shown their special love as Madonna, Mick Jagger, and Annie Lennox have all been dressed by Richmond, whose collections are often influenced by musical movements. John Richmond is a true legend in the artistry and vision for the world of fashion.

Celebrating One Year of Stablecoin TUSD’s Deployment on TRON

Chainwire
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Celebrating One Year of Stablecoin TUSD’s Deployment on TRON

TUSD celebrates its successful one-year introduction to the market. April 9 marked the first anniversary of the stablecoin’s deployment on the TRON blockchain. Since then, TUSD, the first fully-regulated USD-pegged stablecoin on TRON with real-time on-chain audit, has been on the growth upswing, attracting large numbers of users while partnering with industry-leading DeFi projects.

TUSD’s deployment on TRON has reduced both cost and time for users to engage in decentralized financial transactions.

Over the past year, the supply of TUSD ranked third among stablecoins of the same kind in the TRON ecosystem, trailing USDT and USDC. As of April 8, the supply of TRC-20 TUSD exceeded $240 million, representing 18.6% of TUSD’s total supply. The number of on-chain token holder addresses surpassed 306,000, and the total amount of on-chain transfers surged past $8.1 billion. In addition, mainstream centralized exchanges, including Poloniex, Kucoin, and Gate.io, now support deposit/withdrawal of TRC-20 TUSD, showing widespread recognition of TUSD from all TRON users in the overall digital money market.

Furthermore, with the recent heat of DeFi mining, TUSD has been selected by Genesis Mining of TRON to launch the TUSD-TRX LP liquidity mining and TUSD stake-to-mine activities on Sun.io, JustSwap.org, as well as other platforms, delivering substantial mining subsidies and smooth experience to users.

Holders of TRC-20 TUSD also received the airdrop of NFT, which has been listed on leading exchanges such as Huobi and Gate.io, from the APENFT Foundation in June 2021.

“Stablecoins will continue to play an important role and thrive in the cryptocurrency market,” H.E. Justin Sun, Founder of TRON, said. “I believe the successful launch of TRC-20 TUSD will bring tangible benefits to both sides. TRON’s developers and community members will be given access to a fully compliant USD-pegged stablecoin, and the ecosystem will become healthier and more comprehensive. I also believe that with the help of TRON’s prosperous and diverse ecosystem, TUSD will be able to better promote its values of security, compliance, and transparency, which are also the core values of any blockchain, in every corner of the world.”

TUSD has kept up with the latest trend to increase transparency and stability of different public chains and DeFi ecosystems so digital assets can flow freely worldwide. In addition to TRON, it has been natively deployed on Ethereum, BNB Chain, and Avalanche. Its monthly trading volume on over 100 exchanges, including Binance, Huobi, and OKX, has reached the billions, proving its immense liquidity. The tables below show some popular exchanges that support TUSD.

As one of the most critical components of the crypto-financial infrastructure, stablecoins are a source of trust and stability in the market. TUSD expects to continue settingan example in compliance, transparency, and security as a minimal-volatility crypto asset, to benefit the ecosystems of TRON and other blockchains alike, offering more market options and higher yields while introducing new opportunities to asset holders, entrepreneurs, and investors worldwide.

TrueUSD (TUSD) is the first independently-verified digital asset pegged 1-for-1 to US Dollars. The stablecoin uses multiple banks, escrow accounts, and third-party attestations to reduce counterparty risk, provide transparency, and prevent fraud.TUSD offers liquidity on dozens of leading exchanges, DeFi protocols and is supported by major OTC desks. TUSD also supports nearly instant minting and redemption speeds through the Silvergate Exchange Network (SEN) and PrimeX by PrimeTrust.

SOL 7-day Active Addresses Surpass Binance Chain as Solana Phantom Wallet Launches on Android

Albert Brown
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SOL 7-day Active Addresses Surpass Binance Chain as Solana Phantom Wallet Launches on Android

 

SOL 7-day Active Addresses Surpass Binance Chain as Solana Phantom Wallet Launches on Android.



Solana blockchain, a major Ethereum competitor, has been expanding its user base by building products and services that make it easier for people to use cryptocurrencies. One of such products is Phantom, a crypto wallet built to give users easy access to crypto and NFTs. 

Up to now, the wallet was only available on the web, but it has finally gone live on Android. This will allow Android users to access the wallet from their mobile devices with all the features on the web wallet and more.  

 

The wallet allows users to buy, sell, receive, send, swap, and store tokens as well as NFTs and interact with them seamlessly. Its user-friendly design makes it suitable for users of any experience level from newbies to experts in crypto. The phantom announcement says the wallet was released after testing and recommendations by 50,000 beta testers, so users can expect the best from it.

Solana 7-day Active Addresses Surpass BSC

Solana is becoming a favorite blockchain for many in the crypto space. This is evident by the increasing number of users on the network. Recent Nansen data shows that the number of active addresses on Solana for the last 7 days has surpassed that of Binance Smart Chain. This is a major achievement as BSC is one of the top blockchains and one of the first to provide an option to Ethereum. 

solana 7 days active adresses

Several new developments and improvements on Solana may be responsible for the increase in active addresses. The blockchain supports several projects that are on the cutting edge of crypto and blockchain technology with several applications in the new digital economy. Some of the projects are Star Atlas, Serum, GARI Network, and Audius.

Phantom wallet existed on the web before now, but with the launch on Android, many more people will be able to access it, which will result in further growth in the number of users. It means that Solana has a good chance of making a great impact in the crypto space in the near future.

Solana up 5%

At the time of this report, the crypto market looks like it is on recovery, and Solana (SOL) is among the highest gainers among the top ten cryptocurrencies by market capitalization. 

It has gained over 5% in the last 24 hours and the price has topped $100. This may be due to the general relief in the market, but we may see the wallet launch affects the price in the next few days.

 

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