Monthly Archives: March 2021

Why you shouldn’t do business with Bitcoincasino.us and Fortunejack

I’m going to keep this short and sweet.

ITS A SCAM

I’ve been an affiliate for both these platforms for many years and never had issues with them in the past.

Recently I lost access to my accounts and my 2FA because my phone was lost and hacked, I’ve had no luck reaching out to either Bitcoincasino.us or Fortunejack to retreive my earnings. The support has been nonresponsive and unhelpful.

What this means for the average consumer is that if you end up winning a large jackpot and try to contact support for your payout, chances are you’re going to get ignored.

As such, until further notice, I suggest everyone stop doing business with bitcoincasino.us and fortunejack.com

P.S One more fun fact, Dan from 7BitPartners reached out to me and when I told him about my issues with bitcoincasino and fortunejack his response was

you made business with bad guys…

Please share this article on twitter or any other social media you can, I would love to recover my affiliate earnings and report back to you guys with the good news. Otherwise, this is here to stay just like my emoji tattoo.

Postmates – Want $100 in delivery fee credit?

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If you’re looking to save money on food, one of the best ways is to keep an eye out for companies like DoorDash and Postmates promos.

Z9USC

I recently saw a code that offers you $100 on delivery fee credit if you sign up using my code. I thought I would share it with those of you that haven’t given Postmates a chance yet for one reason or another.

Either way, I highly recommend you guys check out Postmates and order yourself a meal. How can anyone say no to an extra benjamin?!

Because I do like being transparent, I get $25 as a bonus for Postmates for any person who uses my code: Z9USC

Z9USC

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A Review of the SecuX W20 Cryptocurrency Wallet

Security is one of the top concerns for any newcomers in world of crypto. As digital assets grow in prominence and popularity, it is more important now than ever to ensure the safety of your holdings against the increasing hacking and phishing scams.

Today wallets designed for this very purpose provide many security and convenient features. While big names like Ledger and Trezor remain industry leaders in crypto wallet manufacturing, SecuX is beginning to stake its claim with their own new wallet application.

Top Hits – SecuX Wallet W20

  • Dual connectivity (Bluetooth and USB)
  • 2.8-inch touchscreen
  • Cross-platform compatibility
  • Support all ERC-20 tokens
  • CC EAL5+ certified Security Element chip
  • Expandable accounts
  • Long battery life

An Overview – SecuX and the W20 Wallet

SecuX is a blockchain company based in Taiwan. The company has been making some significant waves in the crypto space, and it recently launched two flagship wallet variants – the W20 and the V20. Apart from the essential functionalities, the V20 comes with a rounded design with additional premium features, while the W20 appears to be the consumer’s favorite. In this review, we’ll look into the wallet to find what it offers and how it could possibly stack up against industry behemoths like Ledger and Trezor.

Unboxing and Packaging

The SecuX packaging could actually have an upper hand against the industry giants. The wallet comes in a sturdy box that slides out from a chic matt-finished sleeve.

When you lift the top cover, the W20 and its 2.8-inch touchscreen sits neatly within the foam inserts. In the box, you would also find a starter guide, a micro USB cable, a microfiber pouch, and two recovery sheets where you can write down your 24 recovery words.

Hardware

The W20 has an interesting build made of plastic that is very lightweight. However, it could also feel slightly fragile and cheap. Not a deal breaker.

Once you power on the wallet, the 2.8-inch touchscreen lights up and you would be prompted to set up a PIN. The screen itself isn’t the best in terms of aesthetics, but its size does beat wallet options like KeepKey and other tier-2 models.

Setup and Installation

After setting up your PIN, the SecuX wallet would ask you to name your device. Not only the responsiveness of the touchscreen and the internal QWERTY keyboard provides ease of typing, the convenient and stress-free experience is also completed without the need to connect to a laptop or computer.

Once the details have been entered, you could either set your device up as a new one or recover an existing wallet. Pretty standard stuff. If it’s a new wallet, you will get a 24-word recovery phrase to save. Copy the phrase on the recovery sheets provided, then you would be prompted to confirm it on your device.

At this stage, SecuX provides a multiple choice option. This is truly one of the best features. No one wants to spend all that time typing 24 words just for confirmation, so the multiple choice feature that allows you to quickly click on the correct words is definitely a lifesaver. The wallet will then initialize the product, and store the private keys and recovery phrase in its CC EAL5+ certified Security Element chip.

Software

The SecuX W20 comes with a web-based software for both mobile and desktop devices. Note that you will need the official app if you’re an iOS user.

If you are connecting the wallet to your laptop or desktop, you can connect via either USB or Bluetooth, then navigate to the URL with your browser. Note that the web-based software works only on Chrome, Opera and Brave. The Bluetooth functionality is pretty solid, with SecuX offering the latest Bluetooth 5.0 Low Energy option.

For mobile users with smartphones and tablets, first download the official app, make sure you switch on Bluetooth for both your wallet and mobile device, then following instructions for pairing. Android users can also navigate to the URL with Chrome, Opera and Brave browsers without having to download additional app.

Account Features

The expandable account feature is the most outstanding. SecuX wallets allow you to manage and add up to 500 accounts, each can be personalized based on your preferences, all on a single device. This is unprecedented even for major brands like Ledger and Trezor.

Security

The SecuX W20 comes with an Infineon SLE Solid Flash CC EAL5+ Secure Element Chip, which stores user created PINs and private keys.

According to the manufacturers, this security infrastructure is of a higher standard than what you would get even with the most advanced banking systems. The wallet provides a zero-probability leakage system for your transactions with its high-level security chip.

Supported Currencies

SecuX W20 supports all major cryptocurrencies, including Bitcoin, Etherum, Ripple, Litecoin, Bitcoin Cash, DASH, BNB, DOGE, XLM, and more. You also get support for all native ERC-20 tokens available such as USDT, USDC, LINK, UNI, VEN, and so on. Meanwhile, SecuX team said their wallets are going to support TRX and all TRC-20 tokens in a few weeks, follows by ADA and DOT in Q2, 2021.

In partnership with Coinify, the wallet allows you to purchase cryptocurrencies directly through its interface too.

Battery

Your wallet comes with a rechargeable Li-Polymer battery measuring 600mAh, which charges in about two hours, lasts for up to 7 hours during normal use, and more than 6 months in storage mode.

Summary

To be fair, the SecuX wallet definitely packs a big punch. It has its drawbacks and areas for improvement, but it can certainly hold its own against industry giants for sure. With premium software and security features, you get an optimal bang for your buck.

Merkle Reader Code:

SecuX V20, W20: “merkle” Use the code to get 15% off at the time of checkout

SecuX W10: “merklew10” User the code to get 10% off at the time of checkout

Lien Protocol Brings Crypto-Native Options to Binance Smart Chain

Lien Protocol

12th March 2021, Lien Finance, a decentralized platform on Ethereum, uses blockchain technology and smart contracts to create varieties of options out of ETH including call options, put options, and exotic options such as the butterfly option. Users are able to fine-tune their positions according to their own risk appetite by creating and selling options.

This functionality is now available on Binance Smart Chain (BSC). Users will now be able to create options using Binance Coin (BNB).

Why Lien Chose BSC

Lien’s key objective is to develop a genuinely decentralized stablecoin & options protocol that is censorship-resistant. This first targeted goal was achieved by launching Lien Protocol on Ethereum and introducing the iDOL stablecoin, as well as various ETH options. The project is building a layer 2 solution using zk-Rollup, which will allow scaling of Lien while maintaining Ethereum level security.

According to Lien’s team:  

“The technological developments fundamentally progress the Lien project forward towards our ultimate goal of creating a truly decentralized stablecoin and option protocol. We are always looking for innovative ways to increase the user base of crypto-native options, specifically, DeFi option users.” 

The history of derivatives in legacy finance gives us a hint of what is to come in decentralized finance (DeFi).

The team added: 

“When derivatives were first introduced in finance, they were cutting edge financial instruments. Some thought they were scammy; some thought they were a breakthrough in finance. As awareness grew and the public caught on, the use of derivatives exploded.” 

The derivatives market is much larger than the underlying market. Lien is willing to do more by way of experimentation to develop and bring new products to the derivatives market. 

As a result of this experimentation, the team concluded that releasing Lien Protocol on BSC would be one of the best ways to achieve this objective.

BSC features such as low transaction fees and high throughput can allow casual use, a wide selection of wrapped assets, an active user base, compatibility with Ethereum contracts and ERC20 tokens, and an optimal user experience. These are just some of the many reasons Lien’s team chose BSC.

The aforementioned features, as well as the low-cost environment found on BSC, makes the DeFi space accessible for users that were priced out of Ethereum-based DeFi products.

Alpha Version of Lien on BSC in Q1 2021

The company will launch an alpha version of Lien Protocol on BSC in Q1 2021. This will include features such as BNB-based call options and Butterfly options. The contract will be based on Certik’s audited code, deployed to Ethereum.

 

As per the Lien Token spokesperson: 

“In Q2 of 2021, we plan to release an upgraded version with additional functionalities and options for other tokens.”

In addition, Binance Lien will be released on BSC, which will allow the Lien token to be used within the BSC ecosystem.

Media Contact:

Email: [email protected]

Visit the website: http://lien.finance/

Follow Lien on Twitter: https://twitter.com/lienfinance

Join the community on Telegram: https://t.me/lien_finance

Stay in touch via Discord: https://discord.gg/asaFbQQ

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The post Lien Protocol Brings Crypto-Native Options to Binance Smart Chain appeared first on BitcoinNews.com.

DUBSTEP 2021 // NFBGANG // #ERROR​ C0D3

Check out this new sinister dubstep track by NFBGANG aka needforbeans. Inspired by samples from Splice, specifically the Bandlez: Bag of Bass Vol.1.

This beat was made entirely in FL Studio. FL Keys was used for the piano intro, followed by Sytrus which was used to modulate the wobbly bass. Mastering was done via Maximus set on the Clean Master RMS preset.

If you like this type of music or this beat make sure to share it with your friends! I miss the good old days of hard hitting dubstep!

Algorithmic Yield Farming

Decentralized Finance (Defi) remains a crypto buzzword and hot topic. Despite its unwavering and unstaggering popularity. Its growth doesn’t appear to decline nor wane. Every day we continuously see new projects come out to service different sections of the decentralized finance movement. All of which are gearing towards one goal: the increase in overall usage and mass adoption to the benefits of both the users and the entire ecosystem.

Two aspects define Decentralized Finance application in the real world; Yield farming, a type of crypto-themed farming activity where users commit their token to a vault. Staking, where users can choose to lock their tokens/coins for a specific period and get rewards.

Yield Farming

The increased ability to have all of the traditional finance instruments in decentralized finance is expanding rapidly. Staking and Yield Farming, two different earning mechanisms, only with slight distinct features, is the Defi technology centerpiece. Yield farming works like the fixed compound earning attributed to centralized banking only with a decentralized entity like dapps; there is no need for bureaucracies – a centralized structure – to have transactions executed.

Yield Farming removes all of the bureaucratic bottleneck associated with a centralized structure to optimize the time it takes to earn by connecting users’ wallets with liquidity pools or vaults and specific Annual Percentage Yield (APYs). Users are thereby assured of their earning potentials.

The percentage yield offered by most Defi applications is relatively huge compared with banking institutions that provide far lesser APY and are responsible for the increasing number of users and projects providing such services. The proliferation of projects offering Yield farming operations calls for concerns about why few genuine projects are still in operation. Simultaneously, there are quite the scammy ones coming out daily with malicious intentions to rugpull.

Among the credible yield farming projects currently operational, Yield Protocol recently concluded its DaoMaker Strong Hand Offering (SHO) and took the credible position for various reasons.

About Yield Protocol

According to their website, Yield Protocol is an open-source platform deployed on the Ethereum blockchain that allows anybody to create and execute yield farming and trading strategies. 

What sets the platform apart from other solutions in the Ethereum Defi ecosystem is its design in minimizing smart contract risks by simplifying each contract’s abilities. The platform also allows anyone to design financial strategies that others can leverage without giving them access to their funds.

Multipurpose modular design allowing users to design and deploy yield farming strategies, algo trading, lending, and everything in between. These aspects of the protocol with an ever-growing arsenal of supporter protocol and pools will ensure that Yield Protocol remains the perfect solution.

DaoMaker Partnership

Yield Protocol is part of three platforms that have successfully run their token offering using the brilliant Strong Hand token Offering model of Britain-based blockchain incubator, Daomaker. As with other projects, Yield Protocol recorded a massive success and was well received by the community.

YieldShield is the first product of the Yield Protocol platform. It is an algorithmic Defi farmer that starts its development in June 2020, providing users with custom smart contract matching their risk tolerance and shield deposit value through stop loss. The team used high-level programming language for the factory smart-contract, personal smart-contract, Investing Contract, and pool contract. These Library collections allow users to interact with the platform seamlessly, providing the highest protocol aggregation to provide the best APYs to its users.

Gate and Uniswap Exchange Listing

Their partnership with Daomaker and other significant influencers in the crypto market has created hype for YieldShield within the crypto community. Now, it’s exciting to watch how the new exchange listing in Gate exchange will be received by the massive number of traders active in the China-based exchange.

According to an official tweet, $YIELD token is now listed on Gate.io and Uniswap today, March 5, at 12 PM UTC. This is very exciting for everyone, from the Yield Protocol team to the DaoMaker team to Gate.io staff to everyone who has been waiting for this moment for months.

Decentralized Finance (Defi) finds real-life applications for everyday users’ financial needs. There’s plenty of room for growth alongside the first digital cryptocurrency-bitcoin, even at such a young age. Platforms such as Yield Protocol will be among the frontline of Defi aggregators facilitating such development.

Useful Resources

Yield Protocol Listing Announcement: https://twitter.com/yield_protocol/status/1367134940278718467

Yield Protocol SHO Result by Gate.io: 

https://www.gate.io/en/article/19548/?ch=en_sm_0221

Yield Protocol Daomaker Page: 

https://daomaker.com/incubation/yield_protocol

Other Yield Protocol Details:

Website: https://www.yieldprotocol.org/

Twitter:  https://twitter.com/yield_protocol

LTC Remains in the Correctional Zone

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex

On Friday, March 5th, Litecoin is correcting not far from $172.51.

As we can see in the daily chart, LTC/USD is still correcting within the ascending tendency. the current situation is as follows: after completing the correction, the asset may trade near 38,2% fibo. In the nearest future, the price may break the support level and test 50.0% fibo. The MACD histogram is below 0, thus implying that the correction continues, while its signal lines have formed a “Black cross”, which is another signal in favor of a further pullback. All these factors taken together imply that the asset may continue the correction towards 50.0% fibo, rebound from it, and then resume growing to reach $240.00.

ltcusd

In the H4 chart, Litecoin is also trading close to the support level. At the moment, we can expect a rebound from 50.0% fibo. Stochastic has formed the “Golden cross” and is currently moving towards the “overbought area”, which is another signal in favor of a further uptrend. The upside target here is $240.00.

ltcusd

Grayscale Investment has acquired 178,600 LTC over the 30 days. The sum invested in this number of crypto-coins may be about $28.9 million. The fund increased its long positions in LTC simultaneously with purchasing BTC and ETH. At the moment, the fund has a trust in LTC approximately worth $255.6 million.

At the same time, the total sum of all cryptocurrencies controlled by Grayscale is estimated at $36.9 billion. Grayscale acquires Litecoin for its clients and for the funds that are in stable demand.

It’s interesting that it was Grayscale that acquired 80% of all LTC mined in January 2021. It’s a pretty big volume, which may influence the market behavior.

Disclaimer

Any predictions contained herein are based on the author’s particular opinion. This analysis shall not be treated as trading advice. RoboForex shall not be held liable for the results of the trades arising from relying upon trading recommendations and reviews contained herein.

Bitcoin: Another Correction Stage is Over

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex

The digital currency is actively recovering after a deep correction. For bulls, it was important to make the price rebound from the support area at $42,500. A lot of investors are scared by such high volatility of the cryptoasset, even hedge funds are pretty sure that the number of institutional investors, who are ready to invest in BTC, will significantly increase after these fluctuations slow down.

Citibank experts believe that there comes a crucial moment for Bitcoin and the digital asset may either become a global payment method or end up with another speculative blowout. JPMorgan specialists are very active in recommending their clients to hedge from other types of markets, such as stocks and precious metals, and invest up to 1% of their investment portfolios in Bitcoin and other digital currencies.

btcusd

In the daily chart, BTC/USD has once again rebounded from the area between Moving Averages and that’s still an indication of a bullish impulse. The previous movement from such an area resulted in further growth of the asset by more than $29,000. Possibly, this scenario may repeat this time as well and BTC may reach $72,000-75,000. Another signal in favor of this idea is another rebound from the support line at the RSI. However, the bullish scenario may no longer be valid if the instrument breaks the rising channel’’ downside border and fixes below $42,950. After that, the price may move downwards with the target at $29,135.

The current asset growth can’t even be stopped by growing criticism of the primary cryptocurrency. Bill Gates is sure that the performance of transactions in the Bitcoin network is extremely power-consuming if compared with conventional transfers, and that causes a lot of harm to nature in the long run. Rakesh Jhunjhunwala, who is called Indian Warrant Buffett, appealed for regulating authorities to ban BTC in India and said that the asset was just a speculation of the highest order.

Many investors think that the current aggressive growth of Bitcoin is just a temporary phenomenon caused by heightening interest among major investors. As far back as a year ago, Ray Dalio said that with cryptocurrencies moving higher and being accepted everywhere, these assets may face aggressive criticism as well as an eventual ban by authorities. This is exactly what we are witnessing right now.

btcusd

As we can see in the H4 chart, BTC/USD has broken the descending channel to the upside and may continue trading upwards to reach $65,000. However, one shouldn’t exclude that the pair may resume growing only after returning to the broken border. A strong signal in favor of a further uptrend will be a rebound from the support line at the RSI.

Disclaimer

Any predictions contained herein are based on the author’s particular opinion. This analysis shall not be treated as trading advice. RoboForex shall not be held liable for the results of the trades arising from relying upon trading recommendations and reviews contained herein.

Correction is XMR is not over yet

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex

Monero continues correcting after the February rally. On Friday, February 26th, the cryptocurrency is trading at $197.

XMR/USD has been falling this week. In the daily chart, Monero is testing 38.2% fibo. The next correctional target within the ascending tendency may be the support at 50.0%, a rebound from which may result in a new wave to the upside. The MACD histogram, as well as its signal lines, continue moving downwards. If we take a closer look at the chart, we will see that in the nearest future the pair may form a correction, which may later be followed by a further uptrend to update the highs. In this case, the upside target may be at $290.

XMRUSD

As we can see in the H4 chart, Monero has also broken the support level. Judging by the previous movements, we may assume that the pair may continue the correction to reach the closest support at 50.0% fibo. The Stochastic indicator is falling towards the “oversold area”, while the price in the chart is getting ready to break 38.2% fibo. These factors indicate that the correctional scenario towards the support level is more likely. After completing the correction, the instrument may resume growing. the upside target here is the same as above, $290.

XMRUSD

The Monero community has raised about $150,000 as part of its proposal to add XMR as a payment method for buying Tesla cars. When Elon Musk’s Tesla hinted that it may start accepting payments in BTC for electric cars, the Monero community suggested XRM as another reliable payment option.

Since February 9th, the community has raised almost $150,000 and will strive to get Musk’s attention during a 21-day period starting that date. If Tesla accepts the initiative, the Monero will choose 3 charity organizations to get new Testa cars. At the same time, the community guarantees to refund the contributors in case the initiative fails.

Of course, the plans of Monero imply much more than an ordinary collection of money. The company would surely like to start more serious cooperation with Tesla, by offering its blockchain opportunities with confidentiality options that are unique if compared with others. The community believes that many Testa car owners might be interested in specific privacy options.

Disclaimer

Any predictions contained herein are based on the author’s particular opinion. This analysis shall not be treated as trading advice. RoboForex shall not be held liable for the results of the trades arising from relying upon trading recommendations and reviews contained herein.

Bitcoin: correction is the time to buy

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex

After updating its all-time high once again at $58,350, BTC/USD has started a deep correction. A lot of traders, who bought the asset at the top, are now at a disadvantage because the slump covered over $13,000. However, investors recommend to buy at the time of significant declines, that’s why the current correction may be considered as another attractive chance to enter the cryptocurrency market.

BTCUSD

In the daily chart, the cryptocurrency has tested the fast Moving Average. Earlier, during a strong bearish correction when the price fell to $28,620, there was also a tight test of the area between Moving Averages, which was followed by a further uptrend. An important support area is between $44,800 and $42,200, where we can see the rising channel’s downside border. As a result, if the price starts moving towards this area again, it may rebound and resume growing. The closest upside target may be at $65,000.

The catalyst for the current movement of the leading cryptoasset was Elon Musk’s words about the overestimated price of both Bitcoin and Ethereum. Tesla shares also dropped pretty much and reached $618, which was the biggest plunge since September 2020. Investors started blaming the company for this slump due to its major Bitcoin purchases earlier.

Some analysts also noticed an adversarial attitude towards cryptocurrencies during Janet Yellen’s speech, which may have put significant pressure on Bitcoin and the entire cryptocurrency market. Treasury Secretary’s rhetoric was in no way different from the one of heads of other central banks as all of them are also very worried about the high volatility of BTC, as well as the fact that such assets are often used for money laundering and tax avoidance.

At the same time, former crypto-bears now acknowledge that the cryptocurrencies may skyrocket again and don’t’ want to open short positions. It was said by Bill Gate), whose current stance on Bitcoin as an investment tool is rather neutral. However, back in 2018, the famous entrepreneur was quite vocal about short in BTC. He also warned traders against blind following Elon Musk’s recommendations, saying that Musk had much more money than an average investor in the market.

Michael Burry has similar views on the growth of the entire cryptocurrency market in the short-term, but he also is not ready to open short positions even despite the risks of the government’s pressure upon these assets.

BTCUSD

As we can see in the H4 chart, recently it was the first time in February when the RSI indicator fell below 30. Earlier, such declines showed the completion of descending corrections and further rising impulses. However, we shouldn’t exclude one more descending movement towards $44,800, which may be followed by a rebound and a further uptrend. In this case, there will be potential for the formation of a Double Bottom reversal pattern, while the test of the rising channel’s downside border will be another signal in favor of new growth. Still, the bearish correction may yet continue if the asset breaks the rising channel’s downside border and fixes below $40,000. In this case, the next downside target may be at $29,000.

Disclaimer

Any predictions contained herein are based on the author’s particular opinion. This analysis shall not be treated as trading advice. RoboForex shall not be held liable for the results of the trades arising from relying upon trading recommendations and reviews contained herein.