Generative Data Intelligence

Tag: privacy

Calamari Network Rolls Out Community Governance Measures As Decentralization Efforts Advance

Boston, Massachusetts, 14th January, 2022, Chainwire Feature Will Invite More Widespread Community Participation In Key Network Decisions  Substrate-based DeFi privacy protocol, Manta Network, has launched the community governance feature for its Kusama-based network Calamari Network. Earlier this year, the Manta team had activated the necessary features for on-chain governance on Calamari through a runtime upgrade.  […]

‘Digital authoritarianism’: Congressman wants Fed banned from CBDCs

Congressman Emmer says CBDCs could be a Fed "surveillance tool that Americans should never be forced to tolerate from their own government."

The post ‘Digital authoritarianism’: Congressman wants Fed banned from CBDCs appeared first on Protos.

Market highlights January 14: Bitcoin takes a step back, big banks kick off earnings season

The crypto market was mostly lower over the past 24 hours. Major investment bank JPMorgan Chase reports its…

The post Market highlights January 14: Bitcoin takes a step back, big banks kick off earnings season appeared first on Coin Journal.

SCRT Technical Analysis: Bullish Rally Breaks Another Resistance With Intense Buying Pressure: Will The Rally Sustain In Falling Crypto Market?

SCRT Technical Analysis

SCRT coin price action breaks above the resistance level at $7 and shows a rising uptrend with growing bullish momentum. Will this rally reach $10? Secret Network, a blockchain that provides data privacy to smart contracts as default and allows to develop and utilize applications. This functionality protects users, secures applications, and unlocks hundreds of never-before-possible use cases for Web3. Secret Network is an open-source and permissionless blockchain that is based on privacy and research papers that were first published at MIT in 2015. Among them was “Decentralizing Privacy,” now one of the most important papers in the blockchain field, boasting 220 academic references. Let us move ahead to read about Secret Network technical analysis. Past Performance of SCRT SCRT coin price shows a growth of more than 35% in the past week from the consolidation breakout at $5.5. The rally breaks above the horizontal level at $7 and touches the $8 mark. The intraday trading volume jumps by 50%, indicating a rise in buying pressure. SCRT/USD Daily Chart SCRT Technical Analysis The SCRT coin price action forms multiple bullish engulfing candlesticks showing a boom in underlying bullish momentum. Therefore, the price action indicates a rally above $10. The crucial EMAs (50, 100, and 200) maintain a rising trend while avoiding a bearish crossover. These EMAs can act as dynamic support levels and help maintain the uptrend during each bear attack. The RSI indicator at 67% spikes higher to touch the boundary of the overbought zone in the daily chart. Moreover, the 14-day SMA maintains an uptrend, indicating a solid underlying bullishness. The MACD indicator shows the MACD and signal lines rising higher after touching each other and creating a shadow of bullish crossover. Moreover, the recent rise in the bullish histograms gives a bullish signal for the coin. Therefore, the SCRT price rising above to $8 and the bullish signal given by the technical indicators showcase a solid uptrend in action. That is why the uptrend can shortly touch $10 and even rise higher. Upcoming Trend The increasing buying pressure and the breakout of the rounding bottom pattern strengthen the underlying bullish momentum in the SCRT coin. Therefore, the upcoming trend seems to be extremely bullish for the Secret network. The price action suggests resistance levels at $10 and $12 that can oppose the uptrend if it rises above $9. The support levels are at $5.6 and $4.5, which can support the falling prices if it fails to sustain above $7. In conclusion, the ongoing bull run brings an excellent buying opportunity at the breakout of $8 or $9. And, a bull run above $10 is most likely if the buying pressure sustains. 

The post SCRT Technical Analysis: Bullish Rally Breaks Another Resistance With Intense Buying Pressure: Will The Rally Sustain In Falling Crypto Market? appeared first on Cryptoknowmics-Crypto News and Media Platform.

What You Need to Know about Ontology in 2022

SINGAPORE, Jan 14, 2022 - (ACN Newswire) - 2021 was a huge year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose to the top rankings of global staking providers, reaching total staking assets of $1.8 billion thanks to the support of our users and partners worldwide. As we begin the new year 2022, Moonstake and our strategic coin partners have much exciting news and programs in store for you as our platforms scale and evolve. To welcome our user community into the exciting new year, we're creating a series of articles in collaboration with our strategic partners on what you need to know about our partner coins in the year 2022, this time with Ontology.


As of April 2020, Moonstake has been supporting ONT staking via strategic partnership with the development team behind Ontology blockchain. Since then, Moonstake has hosted a number of campaigns that promoted awareness of the Ontology ecosystem as well as adoption of ONT staking to global users. Moonstake's partner Binarystar has also been providing great support in marketing efforts with event organization and local community development.

In 2021, Ontology worked on bringing trust, privacy, and security to Web3 through providing decentralized identity (DID) and data solutions. Most notably, the team spent much of last year on the development of Ontology EVM (Ethereum virtual machine), which is scheduled for public release in Q1 2022. The EVM aims to establish seamless interoperability between Ontology and the Ethereum platform, and offer an inclusive experience to developers and users, a crucial step in the realization of the Ontology Multi-VM. Additionally, the team also focused on facilitating smooth user access and experience with DeFi, GameFi, NFTs, and general decentralized applications. In this article, we will be interviewing our partner at Ontology about what is in store for the Ontology ecosystem and its user community in 2022.

Q1 Which 2021 achievements are you the most proud of?

In 2021, we brought our existing products in line with our broader vision for Web3. We launched the Ontology EVM TestNet, in preparation for the 2022 MainNet launch. ONT ID surpassed 1.5 million users in September, reflecting a major endorsement for decentralized identity, and ONT.ID website has been upgraded to provide full decentralized identity solutions to users.

Ontology's global growth has accelerated following our partnerships with bloXmove, ROCKI, ZAICO, and AP.LLC, as well as ONT's listing on Japanese regulated exchanges like Decurret and Huobi Japan.

We've also launched a web-based ONTO Wallet, ONTO Web and a decentralized airdrop distribution tool called ONTO Anydrop, making Web3 easily accessible and providing convenience for our ecosystem partners. Ontology's DeFi lending platform, Wing Finance, also launched on multiple chains including Ethereum, OKExChain, and BSC, together with the support of Any Pool.

As usual, the last year has been full of incredible achievements. We are excited to drive this success further with the help of our ecosystem partners and our global community.

Q2 What measures are you going to take in 2022 to further increase adoption of Ontology?

The MainNet launch of the Ontology EVM will take place during the first quarter of 2022. As part of our multi-VM, it will allow for the deployment of many more dApps on the Ontology blockchain. This approach will not only bring more development, but also will encourage more users to the Ontology blockchain to experience the benefits of a fast, secure, low cost public chain.

2022 is also a year where Web3, and the Metaverse, establishes a greater presence in everyday life for more and more people. Ontology's wallet solution, ONTO Wallet, already has over 750k users, and will provide a gateway into Web3 for many more. As we continue to develop the DID and data solutions that we are known for, which are crucial to Web3's success, more users will be encouraged to create their DID and easily access the latest iteration of the internet.

Q3 What can users expect from Ontology in 2022?

As we laid out in our latest roadmap ( https://medium.com/ontologynetwork/ontology-2022-roadmap-a0036cd72f1b ), 2022 is about building the infrastructure and delivering the tools to make Web3 a success. This means greater interoperability, to make cross chain experiences as seamless as possible. It means more collaboration, as chains bring a varying range of benefits to users. At Ontology, we will continue to develop solutions for DID and data, making sure users are onboarded with ease and experience secure, self-sovereign control over their digital existence.

In short, 2022 means more development, more control, more opportunity and an easy access point into Web3 and the Metaverse with Ontology. We look forward to our continued relationship with partners such as Moonstake, and welcome developers, harbingers, builders and new ecosystem partners to join us in building Web3 together.

Moonstake is proud to be strategic partners of Ontology. We will continue to maintain strong support for the ever growing and developing Ontology ecosystem and hope to bring even more great value to ONT and crypto users worldwide in 2022 to help accelerate adoption of the Ontology and Moonstake ecosystems together.

About Moonstake

As a world-leading staking service provider, Moonstake develops and operates decentralized wallet services for enterprises and end users.

Our full-scale staking business started in August 2020. With the support of users all over the world, our total staking assets has risen to 1.8 billion dollars. In June 2021, we ranked third among 15,000 staking providers globally.

So far, we have expanded our business and ecosystem through about 30 strategic partnerships, including major blockchains such as Emurgo which is a constituent organization of Cardano, TRON, and NEO. In May 2021, we became a wholly owned subsidiary of the listed company "OIO Holdings Limited" on the Singapore Stock Exchange and we are working to further expand Moonstake's business and improve our credibility. https://www.moonstake.io/

About Ontology

Ontology, the project bringing trust, privacy, and security to Web3 through decentralized identity and data solutions. Ontology is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first. https://ont.io/

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAs we begin the new year 2022, Moonstake and our strategic coin partners have much exciting news and programs in store for you as our platforms scale and evolve. To welcome our user community into the exciting new year, we're creating a series of articles in collaboration with our strategic partners on what you need to know about our partner coins in the year 2022, this time with Ontology.

TransUnion Brings Credit Data to Public Blockchain Networks

Consumer credit reporting agency TransUnion is moving in the direction of Web3. The Illinois-based company announced this week it will bring off-chain consumer credit, identity, and compliance information to public blockchain networks. The move is made possible via a partnership with Spring Labs, a company that offers decentralized infrastructure for credit and identity data. Spring Read more...

The post TransUnion Brings Credit Data to Public Blockchain Networks appeared first on Finovate.

How Blockchain Commons Is Improving Individual Access To The Bitcoin Network

Standards put forth by the open-source software team at Blockchain Commons will help individuals get the most out of Bitcoin.

An updated look at Tornado Cash

Quick Take

  • Tornado Cash uses zero-knowledge proof to break linkages between fund sender and receivers.
  • Token incentive was leveraged to attract liquidity as the total value locked in Tornado Cash increased tenfold in 2021.
  • Tornado Cash Nova enables deposits and withdrawals of arbitrary amounts of Ether, as well as shielded transfers of deposited tokens within the pools.

Making The Decision To Mine Or Purchase Bitcoin

While mining is surely one of the most interesting ways to obtain bitcoin, the actual profit and benefit of doing so must be taken into account.

Announcing our second developer grant winners

By Trent Fuenmayor, Program Manager, Coinbase GivingIn August, we made a call for applications through our Crypto Community Fund focused on blockchain developers...

Congressman Introduces Bill To Limit Federal Control of US-Backed Crypto Assets

A US Representative is introducing a bill that would prevent the Federal Reserve from issuing government-backed crypto assets directly to individuals. Congressman Tom Emmer of Minnesota says that the Federal Reserve issuing a central bank digital currency (CBDC) would centralize the financial information of Americans, leaving them open to surveillance from their own government. “As […]

The post Congressman Introduces Bill To Limit Federal Control of US-Backed Crypto Assets appeared first on The Daily Hodl.

How Cybercriminals Are Cashing in on the Culture of ‘Yes’

The reward is always front of mind, while the potential harm of giving out a phone number doesn't immediately reveal itself.

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