Harvest Keeper is the name of a project based on Artificial Intelligence. 

It promised a 101% return on investment within 21 days. 

Harvest Keeper affirmed that it's model “optimizes the trading process for maximum payout”. 

The new project has 30.000 followers on Twitter and more than 32.000 on its Telegram channel but…Harvest Keeper stolen almost 1 M dollars from its users and is already being investigated for suspected scam. 

SOURCE: CoinTelegraph 

READ ABOUT AMAZON LAUNCH ITS OWN NFT MARKETPLACE…

An FDIC agent has declined the imputation that all of the Signature Bank buyers must accept to renounce to all crypto business as part of the transaction. 

More than one source said all buyers have opted out of cryptocurrency transactions at the Signature Bank. Another source - derived directly from the bank - said that however the agency will not ask for a halt to cryptographic activities.

FDIC regulators proposed to some bank to acquire failed dealers like Silicon Valley Bank or Signature Bank. Until March 17, who have interest must present an offer. 

The only banks that will be allowed to participate will be those with existing banking status. In the ranking, traditional lenders will occupy the first place.

The FDIC is targeting the sale of both SVB's and Signature's entire businesses. If the sale of the entire businesses fails, portions of both banks may be put up for sale.

SOURCE: CoinTelegraph

READ ABOUT AMAZON THAT IS LAUNCH ITS OWN NFT MARKETPLACE…

Amazon is ready to launch its marketplace NFT on the 24th of April. 

Initially about fifteen collections will be available on the website, through a tab called "Amazon Digital Marketplace". This card will initially be available only in the United States. Then, the platform will gradually be opened up to the rest of the world, including Europe.

Amazon, due to the collapse of FTX, was forced to postpone the launch of its new marketplace twice.

The payment methods are still unknown: crypto or just credit card?

STAY TUNED!

SOURCE: The Big Whale 

READ ABOUT SILICON VALLEY BANK: BAD NEWS…

Silicon Valley Bank is one of the biggest banks in USA and the biggest in Silicon Valley. It’s a branch of SVB Financial Group. 

The Silicon Valley Bank provided financial services to many crypto-focused venture firms.

The Bank ran out of capital following nearly $2 billion in losses on its investments, especially US government bonds. 

The Silicon Valley Bank then issued shares worth $2,2 billion to try to raise cash and bolster its capital eroded by liabilities: the operation failed…and consequently and, consequently, the entire banking giant. 

SOURCE: CoinTelegraph

READ ALSO COINBASE GENERATES NEW BUSINESS ANSWERS…

Coinbase has decided to seize the opportunities derived by Web3: the business wants to offer wallets to its users. 

The idea of the company was born from the desire to support tools designated for the new web. 

The new support from Coinbase - wallet-as-a-service or Waas-  offers a customizable on-chain wallets easy to use for simple customer onboarding, loyalty game or in-game purchases. 

Coinbase won the challenge to create a new wallet tool on Web3. In fact, this new web is complex, hardly anyone knows it thoroughly and therefore has experience and  associated difficulties in maintaining the mnemonic seeds were also found.

SOURCE: CoinTelegraph

READ ABOUT BLOCKCHAIN AND OLYMPICS: TRADITION MEETS INNOVATION IN THE TEMPLE OF SPORT… 

Coinbase followed in the footsteps of other platforms by deciding to no longer deal with Silvergate and wants to looking for a new partner bank.

Silvergate Bank is the leading bank for innovative businesses in finch and cryptocurrencies based in San Diego. 

Due to Coinbase, Paxos, Gemini, BitStamp and Galaxy Digital’s decision to leave the famous bank, Silvergate is in the crosshairs.

The bank announced that it will not be able to submit the 10K form to the SEC in time. That is a document requested by the US financial supervisory authority from listed companies. Partner companies must show details of their financial performance.

As a result of what happened, the bank was down 46.8% on the New York Stonk Exchange.

Analyzing the past year, Silvergate has lost more than 90% of the value also due to the bankruptcy of some crypto partners such as FTX.

SOURCE: CoinTelegraph 

READ ABOUT SOULBOUND TOKENS AND CELO… 

Soulbound tokens, last year, has experimented with a new method of improving identity solutions. 

Following the sustainability trend, Soulbound tokens will collaborate with Celo blockchain in order to make new carbon-negative identity solutions. 

Celo ecosystem has already 10 million active wallets. 

This partnership between this two businesses allows users to mint a variety of Soulbounds tokens linked to their digital authentication - which will be verif. Users also will have credit score SBT, a community reputation SBT and Celo’s domain name. 

These actions will create the “Prosperity Passport” that give access to different integrates technologies usable through Celo.

SOURCE: CoinTelegraph 

READ ABOUT EMOJIS HAVE JUDGE RULES…

Robo-advisors are automated tools that use computer algorithms created by financial advisors or investment managers and data scientists to build and manage investment portfolios. They were introduced to introduce professional money management to the general population.

Robo-advisors offer a user-friendly experience in order to give users a perfect web browsing using  minimums investment. 

They are expanding thanks to the capability to offer high-quality tools. 

Origins 

In 2008, during the financial crisis  was launched the first robo-advisor. 

Andy Rachleff and Dan Carroll wanted to pursue a goal: provide financial help to the tech community. Later, founders shifted their focus and wanted to automate the process of selecting and managing investments in order to make this procedure very simple to users. 

So, for the first time, general public has access to digital financial advisors. 

Since that year, customers have been using portfolio allocation software to help users portfolios to line up their financial goals.

Details 

Robo-advisors can’t replicate human interactions but they can employ strategies based on investment practices and knowledge accumulated over the years by human financial experts. 

These tools, can create portfolios for investors maintaining investments through rebalance and tax-loss harvesting. 

They follow the passive investing, which is a technique used to reduce risks. The most popular form of passive investing is the index fund. Robo- advisors check portfolios to ensure they maintain their value by setting specific limits not to be exceeded. 

Consumers

Robo-advisors were product to make investing easier for everybody wanted to invest small amounts of money. 

Now, these tools are increasingly widespread to invest successfully on the market. 

Below, the most frequent users today:

1.Seasoned Investors seeking a hands-off approach: robo-advisors offer them automated services like the creation of a diversified portfolio;

2.Lower-wealth investors: robot-advisors stay behind them expecting they come up with a minimum investment;

3. Retirement investors: robo-advisors help users to be safe for retirement. 

4.Investors with specific goals: users can use robo-advisors to put their money to reach the goals;

5.Knowledgeable investors seeking efficiency: for investors that are following a passive investment strategy. 

Pay attention to frauds 

The head of the MiniFX Inc., a trading platform that is under Eddy Alexandre’s control, was victim of a fraud. 

Fraud stolen million of dollars and, according to the court, “Specifically, Alexandre falsely represented to investors that they would double their money within five months of investing by earning at least 5% weekly returns on their investment using a ‘robo-advisor assisted accoun’ to conduct trading”. 

The court added that there wasn’t secrets technologies: “Alexandre sustained millions of dollars in losses on the limited portion of funds that he did invest, which he did not disclose to his investors”. 

In the end, it concluded “Alexandre’s scam caused investors to lose millions of dollars, and this case should serve as yet another warning to cryptocurrency executives that the Southern District of New York is closely watching and ready to prosecute any and all misconduct in the crypto markets”. 

SOURCE: Financial Planning

READ ABOUT... SMART CONTRACTS ARE REALLY SAFE?

Emojis can be defamatory. The District Court judge for the Southern District of New York has ruled that they will be subject to strict rules to follow.

Specifically, the case arose from the posting of a message on NBA's Top Shot account contains financial return references.

Lisa Braganca, former USA Security and Exchange Commission chief, tweeted: "A federal court judge ruled that these emojis 💰📈🚀 objectively mean : one thing, a financial return on investment. There will be legal consequences".

Also Oscar Franklin Tan, the chief legal officer of NFT platform Enjin, commented: “Courts should protect the edgy, freewheeling messaging in NFT communities because shitposts and emojis are part of free speech too”. 

SOURCE: CoinTelegraph

READ ABOUT LUXOR MINING INCORPORATES ORDINALHUB…

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