40th LeoFinance 🐯 curation digest

over 2 years ago

@HODLCommunity presents to you the 40th LeoFinance Curation Post

We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.

We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.

Our goal is to support content creators and generate qualitative interactions between LeoFinance users.

We will set a 5% beneficiary for every author selected in this curation report.

So Lions 🐯, let's roll !

Dogecoin Foundation is back... What's next? by @qsyal

It has been more than a week now since that stormy announcement about the re-establishment of the Dogecoin Foundation which caused an outpouring of enthusiasm for Doge fans.
In case you didn't know, the Dogecoin Foundation is a registered nonprofit in the united states that was first established in 2014 to support the Doge community. However, various financial and technical problems along with other unknown reasons stroke the foundation and caused it eventually to fall by the wayside and go into a 6-year coma.
After that long period of total silence, On Tuesday, Aug 17, The Dogecoin Foundation surprised the crypto space by announcing that they came back to life with a band of big-name advisors, including but not limited to Ethereum founder the legend Vitalik Buterin, Dogecoin co-founder Billy Markus, and Neuralink CEO Jared Birchall who will serve as the mouthpiece for the cult-like figure Elon Musk...

So after all the bants about Elon Musk working with Dogecoin’s developers to improve Dogecoin, it all amounted to nothing? I’m seriously shaking my head. The fact that only 800 addresses control 80% of the entire network is a red flag in my opinion. Anyway why am I even bothered, if I was going to invest in Dogecoin myself it would be for the fun of it and quick pumps of it. This is a lot of eye opening update to the Doge story, apparently nothing has changed, it’s still a joke

Why do analysts expect a reversal of the current trend? by @natalia-irish

The cryptocurrency market welcomed the current bitcoin charge rally, with the coin exceeding $48,000. Over the previous 48 hours, investors are once once more feeling hopeful about the future fee action of BTC. Having stated that, is there some other facet to this? Given the modern-day scenario, is it feasible for BTC to once again start to decline and drop to $20k or more? Just every other exceptional discussion with Tweet embeds Turn on embed Tweet
While we delve into some specialties, #stock market motivators, #bitcoin, #gold, #returns and more. Enjoy!

They are crazy that’s why! They are only saying such to draw attention to themselves, there were reasons to bitcoins decline from 64k, China ban was one, Elon Musks energy bants was another, without those two particular events, Bitcoin will be better off right now, but we can’t rule out unforeseen events, so no one can say what exactly would have happened or could happen, analysts having a contrary opinion about Bitcoins price action are just looking for attention.

Binance KYC - Are You Ready ? by @hawk-eye

A multi-sig wallet is a type of wallet that requires more than one signature for a transaction to be broadcasted to the network. For instance, you have a bank account, and before you can make any transaction, you require the authorization of some other person or people, who you gave the authority, these people can be called cosigners. Let's further imagine, that you trust two people and made them your cosigners. Before you can be able to perform any transaction from your bank, you must require one or both(depending on your setting) of them to authorize such transaction before such transaction can be processed. That's exactly what Multi-sig is about.

I started using Binance since last year and I’ve had to do KYC from inception. Lol did you say “criminal names”? Mehn in my opinion these KYC requirements are only going to get worse over time. So much for curbing criminal activities through KYC, how many crimes have been curbed from FIAT where all banks have all the KYC details of every user? Rubbish!

MATIC/USDT | Straight Up Greed with Ascending Price Channels Analysis! by @deniskj

My latest trade involves yet another LeoFinance favourite, Polygon (Matic). Despite my best efforts to post this trade yesterday, I was too tired and my eyelids were like sandpaper by the time I finished watching West Brom vs Arsenal last night hoping for an upset. Unfortunately that ended up not happening and I hope that bad luck does not apply to my current bullish order on the MATIC/USDT spot market.

I give it to technical analysts, when it comes to reading charts and making predictions through lines and stuff, I suddenly feel like a dum dum. Goodluck with your targets though and whoever wants to learn from these moves.

5 years Imprisonment For $4.25 Million Scam by @prince-anyaobi

This is just another financial scam by a so called Arise Bank creator. The scammer is known as Jared Rice, he claimed he was establishing the first decentralized banking platform. He is also the creator of Arise Coin, another coin with same intentions like that of the coins during the ICOs era.

Mehn! We need lesser scammy activities in crypto, these events give regulators more reasons to want to clamp down on crypto. More of these apprehension are welcome please as far as people can’t act right.

This post is created by @mistakili to curate quality content on LeoFinance.

Hive on !

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