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Over the past year and half, Bitcoin and its companions in the crypto-market have been a hot topic around the world. Bitcoin aka the king coin hit an all-time high of nearly $69,000, and the market cap hit a high of $3 trillion. The tremendous growth in its price and innovation has had people taking […]

Artificial intelligence (AI) and machine learning (ML) are two critical technologies that are shaping our future, how we work, and how businesses persevere through future black swan events. With the ability to analyze, learn, and become more intelligent and intuitive over time, AI and ML will continue to expand the ability of businesses to leverage […]

The post Why 2022 Will Be the Year of AI, Machine Learning, and Cloud Technology appeared first on DATAVERSITY.

ADA coin price is under tremendous buying pressure and hints at double bottom breakout. Will the increased trend momentum reach $2? Founded by Charles Hoskinson, one of the co-founders of Ethereum, CEO of IOHK, Cardano is one of the largest blockchains to successfully use a proof-of-stake consensus mechanism. The new consensus consumes less power than the proof-of-work algorithm on which Bitcoin is based.  On September 12, Cardano released its highly anticipated Alonzo update. After the update, the network now supports a wide array of crypto applications, including non-fungible tokens (NFTs) and smart contracts. Let us look at what the Cardano technical analysis reveals: Past Performance of ADA The ADA coin price action shows a V-shaped recovery in the daily chart with a 30% price jump following the downfall to $1.125. The coin price shows a rise of almost 10% in the past 24 hours, with a 130% rise in intraday trading volume. This indicates a boom in the underlying buying pressure. The price approaches the crucial resistance level of $1.5 that may soon generate a breakout entry opportunity. ADA/USD Daily Chart ADA Technical Analysis The V-shaped in the ADA coin price completes a double bottom pattern in the daily chart. The neckline of the patterns coincides with the resistance level at $1.5. Therefore, the breakout of the pattern will give an excellent buying spot.  Crucial EMAs (50, 100, and 200) trend lower in a bearish alignment in the daily chart. The price breaks above the 50-day EMA and continues to reach the 200-day EMA.  The RSI indicator at 59% shows a sharp increase in the slope resulting in the central line (50%) breakout in the daily chart. Therefore, the indicator reflects a boom in the underlying bullish momentum. The MACD indicator shows a sudden rise in the MACD line driving the line further away from the signal line after the bullish crossover. Moreover, the solid growth in bullish histograms suggests increased buying pressure. Therefore, the rising buying pressure is evident by the technical indicators, increasing the chances of a bullish breakout of $1.5.  Upcoming Trend The double bottom pattern made by the ADA coin price action can shortly give a bullish breakout of the neckline at $1.5. Therefore, traders can expect the breakout to reach the $2 mark by the end of January.  The price action suggests upcoming resistance levels at $2 and $2.30 following the level at $1.5. And, in case of a bearish reversal, the price can find support at $1.125  and $1. At press time, the sentiment chart gives a strong “BUY” signal for the ADA token.

The post ADA Technical Analysis: Double Bottom Breakout Can Reach $2, Is It the Best Buy of 2022? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Read Time: 4 minutes Crypto hacks continue in 2022 as hackers attack vulnerabilities within different networks, adding to millions of stolen assets. The Algorand community began the year on a sour note following an attack on their decentralized exchange that led to the loss of about $3 million worth of assets. According to reports, on January 1, 2022, unauthorized …

Lessons From The Attack On Tinyman, Largest DEX On Algorand Read More »

The post Lessons From The Attack On Tinyman, Largest DEX On Algorand appeared first on Blog.quillhash.

XSET, on the other hand, has a full roster of six Valorant members, while others are still scrambling to fill theirs. SoaR’s former...

What a wonderful time, Christmas is right around the corner (might be after Christmas when you read this) and 2022 is getting closer and closer. When looking back at this year it’s safe to say that at least for those who invested in cryptocurrencies it’s been a great year. Bitcoin is up 100%, Ethereum over […]

The post Crypto Charities and Donations: Embrace The Gift of Giving appeared first on Coin Bureau.

Crypto exchange Kraken will allow its customers to use non-fungible tokens (NFTs) as collateral to take out loans. Speaking with Bloomberg in a new interview, Kraken CEO Jesse Powell says that as part of the exchange’s new NFT marketplace, users will be able to borrow funds against their NFTs. “If you deposit a CryptoPunk on […]

The post Kraken Will Allow Customers to Take Out Loans Against Their NFTs appeared first on Coin Bureau.

Two banking titans have agreed to settle foreign exchange transactions through a blockchain-based solution, according to a new announcement. In a press release, Wells Fargo and HSBC say the two giants will be utilizing a new platform to process US dollar, Canadian dollar, British pound sterling and Euro transactions with plans to branch out to […]

The post Wells Fargo, HSBC to Settle Forex Transactions Using Blockchain appeared first on Coin Bureau.

The team behind ZUNA coin is at it again. Moving forward with their plans to release an NFT collection followed by a full NFT marketplace there looks to be some exciting months ahead.
In January of 2022, ZUNA will be releasing an exclusive astronaut styled NFT collection with 1969 individual variations. Striving to be different, ZUNA will be building in utility to each NFT in the form of passive $ZUNA rewards. The rarer your astronaut, the more rewards you earn just by holding the NFT in your wallet.

While there are 1969 variations, the rarity will be determined by how many of that particular astronaut NFT is available, with the rarest being one of one created. Earning rewards for simply holding NFT's is a new idea that only a handful of NFT projects currently offer.

Going one step further to provide as much value as possible to its NFT holders; ZUNA NFT's will also have future passive rewards from its upcoming NFT Marketplace. By owning one of the original astronaut NFT's you will be entitled to a percentage of all transactions once the marketplace is fully built and running. Plans to build the marketplace are already underway.

Upcoming NFT Marketplace
Following the release of ZUNA's NFT collection, the team will begin building out the marketplace. Their plan is to deliver a marketplace that rivals opensea.io in quality and functionality. Delivery of ZUNA's marketplace is expected towards the end of Q2 2022.

The marketplace will be run on $ZUNA for every purchase and sale. Those who hold one of the original astronaut NFT's will have a share in all transaction fees (in the form of $ZUNA) that take place on the NFT marketplace. Creators will be able to launch collections and host a variety of NFT's with ease.

Moreover, the team behind ZUNA will be releasing training and step by step tutorials to teach anyone who wishes to launch their own collection on the ZUNA NFT platform. The ZUNA community is eagerly awaiting the marketplace release, and many have already begun workshopping NFT collections to be listed.

The NFT marketplace will provide the first true utility for $ZUNA, with many more projects to follow.

Looking To The Future
ZUNA was never designed to be just another meme/hype coin. True utility, an amazing community and dedicated developers will ensure the success of ZUNA for years to come. There is tremendous room for growth and utility integrations. Investors will want to make ZUNA a long term hold and are sure to be happy with their returns.

$ZUNA is currently available on PancakeSwap.Finance with multiple exchanges being added in the near future. Developers have their eyes on a handful of exchanges including Hotbit, Cointiger and Gate.io.

You can connect with the ZUNA community by following them on Twitter or joining their Telegram group.

- LynKey [www.lynkey.com], a global platform that powers luxury resort and vacation property with blockchain and AI tech, today announced a project for tokenising and offering NFT solutions of over $8 billion dollars for travel and tourism using smart contracts. Lynkey will digitise luxury resorts and properties first at Vietnam and at multiple other destinations later, offering them over its blockchain-powered token marketplace and ecosystem. LynKey's objective is to tokenise all aspects of property development — purchases, leases, land use and related tourism entertainment — in an international blockchain-powered ecosystem. It envisions to connect the people around the world with the best of property tech and premium experiences from resorts and cruises with NFTs. 

A pioneer in real estate, LynKey was created by a team of international industry personalities. LynKey is an all-encompassing ecosystem and marketplace for digitising and optimising property and tourism management, commercialisation, and operations. LynKey's solutions make travel rewarding in every way - the platform optimises timesharing, prepaid leasing or licensing of property-based experiences geared towards tourism, while offering an exclusive reward system for its users. With a global token, LynKey efficiently overcomes the need for intermediaries, empowering its users to explore the ecosystem that offers real-time solutions and, soon, metaverse experiences. 

“Using NFTs with AI data-driven protocol sets, the company is revolutionising the travel destination and entertainment space with smart tourism. LynKey connects the global audience with a blockchain powered platform and a token that empowers an ecosystem with time-sharing, and reward solutions at premium luxury tourist spots”, said Dinis Guarda, founder and non-executive Chairman of LynKey and Blockchain, Fintech, AI author, and influencer highlighted by platforms like Thinkers360 and CoinTelegraph. Guarda, who is also the creator of platforms citiesabc.com, and openbusinesscouncil.org and has been collaborating with universities including Oxford, added, “By bringing the power of blockchain and NFT technology to the tourism and property industry, and even going forward by creating a related metaverse, we bring comprehensive digital solutions to see the travel and property world in a secure, innovative, rewarding, and trustworthy space”. 

Miss Cindy Tran, Co-Founder and Chairwoman of LynKey, commented, “Despite globalisation, challenges in the tourism and travel industry persist. Blockchain and NFT technology can address and resolve these issues. Most global travellers or property buyers have to deal with local currencies, lack of transparency in buying or leasing property and timeshares, and losing money to high exchange fees or worse. Furthermore, travellers cannot personalise their travel experiences, modify, sell, or cancel their ‘trips'. Planning to travel or searching to lease a property may be digital, but the rest of the process certainly is far from seamless or perfect with conventional models of tourism and travel. A consolidated marketplace and token solution will solve many of these issues”. 

 

While property businesses, companies, and cities need potential clients to thrive themselves, there is also a dire need for this industry to catch up with current technological advances. For instance- there is also a tremendous amount of time, money, and effort required to make a substantial property or timeshare acquisition or lease in another country. The additional fees and certification challenges associated with various property brokers, platforms, or other intermediaries can be a large barrier to those looking to travel or purchase property abroad. With the power of smart contracts and transparency of blockchain technology, the tourism industry finds a new light that guides it to rise above these lingering problems. 

With global tourism forecast to reach a $1.3 trillion mark by the end of 2021, LynKey mitigates a majority of problems plaguing the travel industry. It targets the pressing issues -non-transparent, unreliable, and are mostly paper-based aspects related to it. The non-digital format of the current property leasing, licensing, and time sharing is time-consuming and easily flawed. Additionally, there are often liquidity issues with respect to the global property market, that sometimes leads to price gouging and high costs. 

LynKey raises all aspects of travel and tourism to the highest level, providing new opportunities for travellers and blockchain users. This will be the first large-scale marketplace showcasing how blockchain and NFTs can optimize the property and tourism industries with an advanced reward system. Simplifying the process from departure to destination, LynKey is innovating the future of travel and real estate, creating a thriving ecosystem where travellers, developers, buyers, vendors, and tourists are all connected throughout. 

LynKey's token, NFTs and first properties and resort projects will be announced in Q1 of 2022. For more information on how to be involved- become an early participant and adopter, please visit www.lynkey.com. 

About LynKey

Property and tourism developer based in Singapore, with offices in Vietnam and London, LynKey has created a new blockchain and NFTs driven token ecosystem designed for travellers to book their tourism and property experiences with hotels, restaurants, timeshare, and other smart destination-based excursions. Combining all elements from development to property management- leasing, empowering Property and Smart Tourism experiences, LynKey is proud to partner with smart cities and NFT platform- citiesabc.com, major hotel and property groups such as- Everland Group, Crystal Holidays, Wyndham Group, Centara, ztudium, techabc and many more global partners.

To learn more about LynKey's smart tourism, property, token, NFTs offering growth and progress, visit www.lynkey.com or follow on social media @lynkey. 

Business contact: [email protected]

Immunefi, the leading bug bounty and security services platform for DeFi protecting over $100 billion in users' funds, has announced that it has acquired smart contract security firm Klevoya for the purposes of expanding its security products and services team. 

Klevoya has created tools which help developers improve the quality and security of their smart contracts through a combination of an intuitive test framework, a blockchain execution engine and a security analysis platform. Their products have been used by over 30 projects in the NFT and DeFi spaces. Klevoya built out the first WebAssembly smart contract security toolset, and the team received over $250k in developer grants to research automated smart contract security solutions. At Immunefi, the Klevoya team will work on providing superior security products to the Web3 space. 

Immunefi is the leading bug bounty platform for smart contracts and crypto projects. It enables security researchers to review code, disclose vulnerabilities, and get paid doing so, and allows companies to secure their projects with top security talent. Its services are used by leading projects in DeFi, including Arbitrum, TheGraph, Polygon, Yearn Finance, PancakeSwap, and SushiSwap. On Immunefi, $60 million dollars in rewards are available for hackers to claim. 

“The Klevoya team has extensive experience building vulnerability scanning and prediction tooling and has built software for the most threatening and dangerous operational environments”, said Mitchell Amador, founder and CEO of Immunefi. “Bringing Klevoya onboard is a tremendous value-add to the Immunefi team and will allow us to expand and accelerate our delivery of security products to DeFi protocols”.

“Immunefi is the leading team in the DeFi security space and at the absolute cutting edge of cybersecurity”, said Moti Tabulo, CEO of Klevoya. “We're ecstatic to join Immunefi and look forward to releasing innovative products and services to keep DeFi safe”. 

About Immunefi

Immunefi is the leading bug bounty and security services platform for DeFi, which features the world's largest bounties. Immunefi guards over $100 billion in user funds across projects like Synthetix, Chainlink, SushiSwap, PancakeSwap, Bancor, Cream Finance, Compound, Alchemix, Nexus Mutual, and others. The company has paid out the most significant bug bounties in the software industry, amounting to over $7.5 million, and has pioneered the scaling DeFi bug bounties standard. For more information, please visit https://immunefi.com.