RapidEmu

This Bitcoin “Rally” Is Fake News

rapidemu@newsletter.paragraph.com (RapidEmu) — Tue, 10 May 2022 03:03:56 GMT

Last week Bitcoin rallied over 15%, leading a host of industry “experts” to claim that the surge was due to Russians buying cryptocurrency in the face of increasing economic sanctions from the international community.

Why Robinhood Should Remove Themselves From The Crypto-Exchange Space

rapidemu@newsletter.paragraph.com (RapidEmu) — Tue, 03 May 2022 17:34:25 GMT

Since Robinhood’s development in 2013, the application has been a go-to space for a large population of small, individual retail investors. Robinhood was initially an application where people could buy and trade stocks but as the cryptocurrency trend grew, Robinhood started allowing users to buy and trade cryptocurrency. Since implementing their crypto-exchange program, Robinhood has crashed numerous times. In fact, in March of 2021, the application crashed 3 different times within a week.

“I cannot imagine the frustration the users of Robinhood are feeling right now. This is unacceptable” -Entrepreneur and CEO of ArrowInc. Messiah G. Willis

Robinhood is used by over 13 million people. Due to the massive boom within the crypto-exchange community since 2017, roughly 9.5 million users on Robinhood have started using the app to trade cryptocurrency. While those numbers are impressive, it means a large population of traders are negatively impacted when the application crashes. The primary cause of the application crashing has to do with the capability of their servers. Since over 73% of the traders on Robinhood exchange cryptocurrency, when any major disruption in digital currency occurs, the app becomes inundated with activity. An abundance of activity on the application puts the site at risk of crashing. This is exactly what happened earlier this week when the price of Dogecoin spiked. Traders everywhere were racing to sell off and trade their Dogecoin in order to reap the financial reward of digital currency. Unfortunately, for many traders on Robinhood, they were unable to do so. The application crashed shortly after the spike in Dogecoin prices and the crash was not resolved until hours later, leaving many users frustrated and angry.

An application that puts money at stake for 13 million individuals, should not crash. The developers of Robinhood know how many people rely on their application for trading stock and cryptocurrency, therefore, they should know how to prevent a crash from occurring. Robinhood was not initially used as a crypto-exchange application. The developers of Robinhood created the app to help small investors buy and sell conventional stocks. Because the application’s servers are only equipped to handle a large fraction of all the trading that occurs on the site, it will continue crashing unless something changes.

At this moment in time there are numerous other crypto-trading applications, but soon a game changer will enter the cryptocurrency market. Arrowchain is a new crypto-wallet that was developed by the company’s founder and CEO, Messiah G. Willis. Arrowchain allows its users to buy and trade cryptocurrency, like a crypto-exchange, but on a more secure wallet platform. “Users of Arrowchain will get all of the benefits of a crypto-exchange without the risk associated with leaving ones assets in an exchange.” -Messiah G. Willis.

Another unique component to Arrowchain revolves around how the application gamifies the process of exchanging crypto. The gamification process keeps users engaged and excited to learn more about how cryptocurrency works. Users of Arrowchain are ranked by their success on the platform and provided the opportunity to communicate with one another through the application. Arrowchain users will also be rewarded for their participation and accomplishments on the app. Arrowchain will stay committed to the same mission as Arrow Bank, the sister company of Arrowchain, and invest resources in social and environmental initiatives. Arrowchain is coming to shake up the crypto-trading market in the best way and, unlike Robinhood, the application will be fully equipped to handle large amounts of traffic on the site. Users will never have to worry about Arrowchain crashing.

Everyone should stay up-to-date with the development process of Arrowchain. Eventually, Arrowchain will be the largest space to trade, buy and store digital assets. Download Arrowchain and never miss out on the newest boom in cryptocurrency again.

To stay up-to-date on the journey of Arrowchain’s founder, Messiah G. Willis click here.

To stay up-to-date on Arrowchain and join the waitlist to get the application click here.

To check out Arrowchain’s Sister company, Arrow Bank, click here.

Written by: Anamarie Tegeler

How to login your users through web3 using Metamask or Wallet ConnectAipiChain — Be your own Bank..

rapidemu@newsletter.paragraph.com (RapidEmu) — Sat, 23 Apr 2022 09:50:50 GMT

While Web1 was only static content and Web2 fully centralized with an economy around the user’s data, Web3 is becoming the game changer offering more decentralization and data privacy.Our Presale is Live:

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Using Web2, we are all familiar with logins and sign ups. In fact we only need an e-mail and a password which are then stored in a database to allow us connecting later and also persist login when available.

But, what Web3 has brought is a new way to manage user’s data and more particularly the way we can authenticate it.

Through code examples, i will show you how to manage the authentication, the Web3 way:

First thing first, let’s install Moralis SDK for React, that will provide us all the data we need and the login state management.

Moralis will act as a data provider through your entire app, that’s why we have to wrap our Component with the

You’ll need to give your appId and serverUrl to the MoralisProvider, that you’ll find on your Moralis DashBoard through Servers > “your server name” > View Details.

Once done, you can create a specific component to handle your login or do it wherever you want.

Then, we will use the useMoralis() hook to handle the authentication state.

That way, when the user is not currently logged in, he can authenticate clicking the “Authenticate” button. That will launch the authentication process using Metamask wallet thanks to the authenticate() function from Moralis SDK. Finally, when logged in, we display the public wallet address of the user.

Note: All the public data of the wallet will be contained in the ‘user’ variable returned by the useMoralis() hook when the user will finish the login process.

Now you may want to use other wallets than Metamask, that’s why we will see how to authenticate users through Wallet Connect, that allow you to chose between dozens of different wallets. Also, Wallet Connect offers a fully responsive login management. That way, users of your app will be able to connect, even using a mobile phone… that’s nice!

The magic happens there,

All you have to do to connect another wallet, is to add the wallet as parameter to the authenticate function, inside your button’s onClick function:

It’s as simple as that…

Web3 will change the way we use internet in the coming years and being able to handle Web3 data is the skill every web developer should be able to understand. Moralis helps you to connect with on-chain data, interact with your own smart contracts, handle NFTs data and more…

Our 6 Favorite Crypto Telegram Channels

rapidemu@newsletter.paragraph.com (RapidEmu) — Mon, 18 Apr 2022 18:40:06 GMT

It’s a new year, and the crypto space finds itself filled with the usual level of never-ending noise.

Telegram is no exception, as users find themselves quickly and easily overwhelmed by the sheer number of channel choices.

Standing out from amongst the chaos are some great Telegram channels delivering high-value content.

As some of these channels lack vast audiences, we’re taking the time to spotlight our very favorite Telegram channels.

To be clear, Evolve carries no partnership, affiliate agreements in these endorsements, and thus receives no compensation for promoting our personal favorites.

Only in crypto does the top trader offering the highest and best signals FOR FREE has such a small following.

Perhaps the appropriately named “Boss Trader” is too busy trading to have idle time for marketing?

“Things that make you go hymn.”

As we’re all human, and none of us with the benefit of a crystal ball, we find Massive Gainz to have as high of a hit rate as we can find.

Throughout 2021, while showing a true caring for his followers to win, he consistently puts out his calls for free.

On the rare occasions he’s wrong, he owns it like a man with no ego or need to always be right.

We respect this enormously and are grateful to have the luxury of such a high value clarity-driven Telegram channel.

If you’re serious about crypto and not following the “Boss Trader,” you need to slap yourself REALLY HARD.

Massive Gainz Telegram Channel

Another guy we respect delivering high-value signals and real-time updates is Ash WSB.

His Telegram channel has by far the best daily crypto news roundup we can find.

Besides putting in obvious notable time into his daily news update, he also keeps his followers updated on a seemingly hourly basis for real-time critical updates.

From amongst his daily news review, he highlights the top educational Twitter posts of the day, from the leaders in the industry.

If one were to just read one of these a day, they’ll not only benefit from being informed, but so too will they expand their “blockchain IQ.”

We highly recommend you look at his channel.

Ash WSB Telegram Channel

With some of the best pure signals in crypto, The Crypto Express is a top choice for swing traders.

They feature some of the best daily signals out there, from blue chips to micro cap gems.

Besides swing trades, The Crypto Express delivers high quality on chain data updates which even beginner crypto users can understand.

The Crypto Express is another great Telegram channel to follow.

The Crypto Express Telegram Channel

Crypto Quant offers the two top Telegram channels focusing purely on chain data.

With in depth on chain analysis, they track the money flows of whales, exchanges,and miners for minimizing market risk.

Followers can follow top notch data leading funds, analysts, and media use for their day to day, monthly, and quarterly decisions.

Of great user value are the Crypto Quant real-time alerts via 24/7 data monitoring.

Highlighting key market changes based on industry experts’ research, Crypto Quant is not a channel to miss.

Crypto Quant Alerts and Crypto Quant Digest

The Token Metric crew is one of the most dedicated crypto teams you’ll find.

Ian, Bill, and Forrest do an outstanding job of bringing their insights to YouTube, Twitter, and most recently, Telegram.

From mindset to strategy, and all points in between, Token Metrics is as high level and hits on all marks.

Token Metrics brings their alerts and fundamental and technical reviews to Telegram for both the beginner and higher-level holder and trader alike.

We recommend you give the guys a look.

Token Metrics Telegram Channel

A list of Telegram channels would not be complete without listing a market maker channel.

Clearly, following the insights from those in the day-to-day industry trenches can serve as constructive.

Kairon Labs delivers concise, no fluff, high-level market updates, with in-depth technical analysis of multiple key market metrics.

Their educational market overviews and comprehensive macro and micro market analysis are not to be missed by anyone serious about the crypto market.

The Ether Drops Bots and Coin Trendz Bots enable fully customizable user experiences.

From wallet tracking to the full spectrum of technical analysis and real-time updates on your favorite tokens, these two bots are Telegram essentials.

A user can even customize these bots for a better user experience in their own Telegram groups.

These two versatile bots are the go to Telegram bots.

Ether Drops Bot and Coin Trendz Bot

Being informed, and making daily practice to continue growing and learning is critical for long-term success.

We hope you find our favorite Telegram channel list as impactful as we do, while empowering your path to crypto success.

Your Friend in Prosperity,

Mark Stein for The Evolve Team

We evolve as times change. Through innovation, we pave new pathways to blockchain success. Never accepting things as they are, we never stop innovating. Our commitment to safer, smarter, better strategies unlocks crypto’s greatest potential.

The Evolve mission is simple; we put no limits on empowering your vision, while committing to it becoming a reality. We believe safer, smarter, better strategies, along with their execution, create the biggest and brightest success stories. With a winning partner at your side for years into the future, you too can feel this sense of exponential empowerment.

Evolve Linktree

Disclosure/Disclaimer: This article is not for the use of financial, legal, or tax advice. As a representation of our subjective conclusions, you’re advised to do your own independent research, leading you to your own opinions. While all crypto investments invite the risk of up to 100% loss, you should always consult your financial, legal, and tax advisor prior to engagement. Accordingly, always invest with complete awareness and acceptance of all risks to your investment. We’re electing transparent disclosure of Evolve’s financial interest in all projects discussed in our articles, website, and across social media as both an early investor and project advisor. Finally, crypto projects compensate Evolve in advisor tokens for our extensive advisory services.

How Ukraine is spending crypto donations

rapidemu@newsletter.paragraph.com (RapidEmu) — Sun, 10 Apr 2022 04:01:35 GMT

Ukraine’s official Twitter account has been sharing cryptocurrency wallet addresses for the past few days to raise funds during the Russian invasion of Ukraine. As I previously reported, it seems likely that the Ukrainian government is in control of the funds received on these wallet addresses as a spokesperson for Ukraine’s Ministry of Digital Transformation confirmed that “these accounts are state-owned.”

But what are the goals with these crypto donations and what’s going to be purchased with those funds? Because of the nature of blockchains, it’s easy to follow the crypto transactions, up to a certain point. You can enter the public addresses into a blockchain explorer to see the list of incoming and outgoing transactions.

For instance, on the Ethereum blockchain, most outgoing transactions go to Kuna, a cryptocurrency exchange based in Kyiv.

“Kuna.io is providing technical support for the Ukrainian fundraise,” a Kuna spokesperson told me in an email on Monday. “All funds are safe and are being directed for the government need as requested.”

But once funds are uploaded to an exchange, they become harder to trace. That’s why I’ve asked several questions to Kuna founder Michael Chobanian. He told me more about Kuna’s role in the crypto donation setup and the Ukrainian government’s motivations.

Chobanian confirmed that he recently created a Twitter account to share information about the donations. “That’s right, it’s my account — recently created. Twitter is not really popular in this part of the world because it’s mainly an English community. I created it because we have to talk to the world,” he said.

Today at 12 PM, Kyiv time, Chobanian shared two screenshots. More than $31 million has been raised for the “crypto fund of Ukraine” (that’s the wallet addresses shared by @Ukraine on Twitter) and around $17 million has been raised in a different fund.

“We have two funds. First, we launched our own fund and then the government saw that it’s been working well. We’ve been approached by the Ministry of Digital Transformation to help them create a government fund. So we created a government fund as well,” Chobanian said.

The addresses of each fund are shared through different channels. “Right now we have two funds. The one on Twitter is the government fund and the one on Telegram and other social media is a Kuna fund,” he added.

What Michael Chobanian calls “the government fund” is still managed by Kuna. But he says that Kuna acts on behalf of the government and doesn’t have a say about the crypto assets.

“We are the technical provider. Basically, we are acting as the crypto bank for these funds. We collect, we make sure that the money is clean. Then, depending on the requirements for payments and currencies, we either convert or pay directly,” Chobanian said.

“The purpose of this fund is for the military. It’s operated pretty much by the military with the help of the Ministry of Transformation. There, the money is spent on special goods that are being imported. They go directly to the army or special forces. What exactly are they buying? I can’t tell you for obvious reasons. I’m not sure whether the government will actually disclose what we bought because it’s obviously a secret,” Chobanian said.

As for Kuna’s other fund that is shared on Telegram and other social networks, the purpose is a bit different. “For my fund, we are buying drones, we are buying petrol, we are feeding people, we are paying for transportation to evacuate people from the most dangerous places like Kyiv and Kharkiv,” Chobanian said. “We also supply the regular army and […] regular people who come out and get guns from the government,” he added.

Interestingly, cryptocurrencies aren’t just used to raise money through the internet. Kuna doesn’t convert all these crypto assets to fiat currencies.

“We keep it in crypto until we understand where we’re paying, how much we’re paying and whether people are happy to receive crypto. Ninety percent of payments are done in crypto only,” Chobanian said.

But if someone needs to be paid in fiat currencies, Kuna can convert crypto assets and send money to bank accounts. “We are paying in crypto, we are paying in euros, in dollars — all kinds of transactions that are required in order to facilitate the needs of the funds,” Chobanian said.

voskcoins.co