March 08, 2023

Rightly defined philosophy is simply the love of wisdom.

-Marcus Tullius Cicero

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238,272,860 USDT

$237,110,370

9,826 BTC

$220,231,540

9,536 BTC

$213,729,390

9,322 BTC

$207,116,190

9,000 BTC

$201,723,940

8,455 BTC

$187,863,650

*Transactions Last Updated: 03-08-2023 8:30am ET

Reading Time: 2 minutes Coinbase has denied that it is responsible for a customer losing $96,000 after a security breach Jared Ferguson brought a lawsuit against the exchange after he lost his funds in a SIM swap attack Coinbase says it isn’t responsible for processing the unauthorized withdrawal Coinbase has denied that it is responsible for a $96,000 loss suffered by a customer following a SIM swap attack. Jared Ferguson from Staten Island, New York, lost what almost amounted to his life savings in May last year when hackers managed to compromise his device and withdraw the funds from his Coinbase account. On Monday The post Coinbase Denies Responsibility for $96,000 SIM Swap Loss appeared first on FullyCrypto.

Source: fullycrypto

Data shows that Bitcoin’s social dominance has surged to high values recently as interest in altcoins among investors has waned recently. Bitcoin Social Dominance Is Now At Its Highest Level Since September 2022 As per data from the on-chain analytics firm Santiment, attention has returned to BTC recently. “Social dominance” is an indicator that tells us what share of the discussions happening on social media currently involve a specific cryptocurrency (which, in the present case, is Bitcoin). A relevant metric here is the “social volume,” which measures the total amount of social media text documents that make at least one mention of the given asset. The text documents here include a variety of social media-related pieces, like tweets, forum posts, Reddit threads, telegram chats, etc. A key feature of the metric is that it counts any text document only once regardless of how many times it may contain the keyword (and obviously, there has to be at least one mention for it to be counted at all). For example, if a long forum post contains “BTC” 10 times, the post still contributes only 1 unit towards the asset’s social volume. The social dominance works by comparing this social volume of BTC (or any other asset) with the combined social volume of the top 100 coins according to market cap. Naturally, whenever this indicator has a high value, it means Bitcoin is making up for a high percentage of the total crypto-related discussions that are taking place on the internet. Such a trend suggests that the interest in the original cryptocurrency is high currently. Related Reading: Dogecoin Whale Withdraws $5 Million In DOGE From Binance, Bullish Sign? Now, here is a chart that shows the trend in BTC’s social dominance over the last few months: The value of the metric seems to have been quite elevated in recent days | Source: Santiment on Twitter As displayed in the above graph, Bitcoin’s social dominance has sharply surged recently as the prices of most altcoins have observed declines. BTC itself has taken a beating in March so far, but its losses have still been smaller than a lot of the other assets in the sector. The current value of the indicator is the highest it has been since the September of last year. This high social dominance of the cryptocurrency suggests BTC has been taking up a large part of investor attention recently. Related Reading: This Bitcoin Metric Is Forming A ‘Triple Bottom,’ Here’s What Happened Last Time The better strength of Bitcoin as compared to the altcoins also means that investors may have been leaving alts during the past couple of weeks and buying into BTC instead. “Higher Bitcoin social dominance historically has initiated market rebounding,” notes Santiment. If this past pattern follows now as well, then the current strength of BTC may be building towards a sustainable recovery push in the coming days. BTC Price At the time of writing, Bitcoin is trading around $22,000, down 7% in the last week. Looks like BTC has continued to be flat recently | Source: BTCUSD on TradingView Featured image from André François McKenzie on Unsplash.com, charts from TradingView.com, Santiment.net

Source: newsbtc

Crypto regulation in India is tightening as the finance ministry has notified that crypto or virtual asset businesses will now be under the ambit of the Prevention of Money Laundering Act, 2002 (PMLA). This means Indian crypto exchanges will have to report suspicious activity to the Financial Intelligence Unit India (FIU-IND) and follow the same … Crypto regulation tightens in India as lawmaker makes this move Read More »

Source: cryptopolitan

A large transfer of Bitcoin associated with U.S. law enforcement likely caused a spike in the on-chain metric.

Source: cointelegraph

Recently, the US government transferred 40,000 Bitcoins worth over $2 billion to the Coinbase cluster. The majority of the transactions appear to be internal, despite the move igniting speculation that the government may be attempting to sell off its holdings when the local cryptocurrency market is at all-time highs. Internal transfers are commonplace processes that […]

Source: tronweekly

The Heterosis project allows users to collect breedable, dynamic NFTs of digital flowers, all of which are housed in a metaverse rendition of London's National Gallery.

Source: cointelegraph

In which of these countries do motorists usually drive on the right-hand side of the street?

here.

https://friends.blast29.com/blastoffwithfriends

Trivia Answer: Brazil

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