CryptoPedia

Tether Launches Alloy (aUSDT): A New Digital Asset

Tether just launched Alloy (aUSDT), a brand new kind of digital asset that might be your answer!

Here's the breakdown:

Gold-backed, dollar-pegged: Alloy is backed by real gold (through Tether Gold tokens, XAUt), but its value is tied to the U.S. dollar (like a stablecoin). Think of it like a bridge between gold and everyday digital cash.

Double the benefits: Hold onto Alloy and you get the potential for gold's value growth over time, while still having a dollar-like stablecoin for easy transactions.

Minted on a new platform: Alloy runs on its own platform developed by Tether, offering flexibility and control for digital asset enthusiasts.

In a nutshell, Alloy is a new twist on stablecoins, aiming to give you the best of both worlds - gold exposure and dollar-like stability!

Is this the future of digital assets? Stay tuned to find out!

"Your profit is made when you buy…. Not when you sell"
Take the opportunities in the market right now

Introducing Gas Pump: Your Gateway to Meme Trading Profits

Gas Pump – how does that sound to you? A bit like a meme heaven, right?

Gas Pump is the twin to Pump. fun, a platform built on the TON blockchain. It’s a meme-trading platform similar to the popular PumpFun but with a unique twist.

I am a professional crypto trainer with over 10 years of experience, and I’m here to show you how influencers are using Gas Pump to make significant profits – and how you can too.

What is a Gas Pump?

Gas Pump is a Telegram mini-app that allows you to create and trade meme coins effortlessly. The best part? You can potentially make up to 50x profits through its bonding curve mechanism.

How Gas Pump Works in 4 Simple Steps

want to learn more, kindly react and leave a comment below. let's go quickly

$TON's Treasure Map is About to Blow Your Mind!

Hold onto your ship, crypto enthusiasts, because $TON is making waves 🌟

From skyrocketing past $8 to surpassing Ethereum in daily active addresses, $TON is just getting started. Imagine this: 100 million users engaging with , and a TVL that has grown 20 times in just 3 months, now exceeding $500 million. That's not just impressive—it's monumental! 🚀

There's more?

Yes!

Over the next six months to a year, brace yourself for:
- The TON DeFi Revolution: Transforming the decentralized finance landscape.

- The TON NFT Explosion: Bringing unique digital assets to the forefront.

- The TON Content Creation Revolution: Empowering creators like never before.

- The TON Cross-Chain Ecosystem Boom: Seamlessly connecting with other blockchains.

This isn't just any old treasure map – this is a roadmap to a crypto El Dorado. 😂💎

Stay ahead of the curve and be part of this crypto wave. Don't just watch from the sidelines—dive in and ride the $TON surge! 🌊🚀

Join the OG Lifestyle and Win Big with OGC

Remember Avive? How Did They Pull That Off? 🤔

Silent airdrops can be a sneaky yet brilliant strategy. No buzz during the airdrop, but a big bang at the launch! Just like Avive did. I’ve been mining OGC for a while, then took a 6-month break. Now, OGC is listing on June 25th, so I’m back to mining in peace 😂.

It's not too late to join in! Having an extra $10 in your pocket won’t hurt. Seriously, why miss out?


OGC ain't just about silent airdrops, though. They've got a killer community (arguably the most influential in gaming!), a sweet web3 game with a 50k prize pool, and daily token giveaways for simple actions.

kindly use the link below and become part of the OGs
(https://app.ogcom.xyz/invite/mcgeDei3x1tqgwvh)

Oh, and did I mention there’s a web3 game where you can be part of winning $50k? 🎮💸

Let’s make some noise together! 🌟

FOMO Got Me Mining Blum. Is This Crazy or Crypto Genius?

Hello crypto enthusiasts! 🌟

I've been cruising through X for a while now, doing my usual analysis, and I noticed something interesting – Blum has been trending like crazy, and the community is growing fast! At first, I wanted to ignore it because of all the noise, But then... FOMO hit me like a ton of bricks 😂 So yeah, I did it.

Honestly, it's super easy – even your kids could do it. Click, click, ‍♂️ and you're in. It's probably nothing 😏, or maybe it's a goldmine who knows?. But one thing's for sure – I'm not letting this opportunity swim away. why let this opportunity pass you by? You never know.

Ready to join the Blum fam and see what the fuss is about? It's SO easy.

Don't miss out! Get started with the link below:
👉 [t.me/BlumCryptoBot/app?startapp=ref_eYJaiIeMKX](t.me/BlumCryptoBot/app?startapp=ref_eYJaiIeMKX)

Let's make some Blum magic together! 🪄

$BLUM

Telegram: Contact @BlumCryptoBot

🎉🐟 Catch the Wave with $FISH! 🐟🎉

Remember Doge? The first memecoin that made us all go "wow"? Well, our fishy friends are aiming for an even bigger splash.

As one of the first social memecoins, $FISH is all about unity. Just as fish never swim alone, we’re here to reach, expand, grow, and interact together. 🚀

🔹 Community-Driven: At $FISH, we believe in the power of our community. Every member matters, and together we’re unstoppable.

🔊 Join the Frenzy: Be a part of our vibrant community, stay updated, and let’s make every day a fishy day! 🐟💎

Follow us now and swim with the best! 🌟
website: tonfish.io

telegram group: t.me/tonfish_en

X: @ tonfish_tg

$FISH $TON

Hack alert 😳😲
Web3 can be intimidating, especially with the prevalence of certain hacks. Recently, a new scam on Telegram has emerged.

If you attempt to verify yourself to join a Telegram group and see a Safeguard popup asking you to click "Prove I am human," be cautious. A window will appear asking for your phone number.

DO NOT enter your phone number. This will compromise your Telegram account and drain your Telegram trading bot wallets.

STAY SAFE.

🤔there have been a lot of questions about the sluggish movement of coins despite being in the Altseason and the recent approval of the Eth spot ETF. Altseason is underway, but its influence seems limited to certain categories such as meme coins and certain AI tokens. What would happen when people start trading ETH spot ETH? and break above $4k😲😀 we know it, the run-up would be massive

Coingecko, Coinmarketcap, Trading view and Twitter, should be your most used tools as a daily trader💻

Are you a tapper or a trader? 😂

As I was heading home this evening it was raining heavily. I couldn't help but notice a lady selling bottled water by the roadside. It made me reflect on how challenging life can be at times, on some occasions because of ignorance. I felt deeply empathetic towards her situation. I couldn't help but wonder if she might fall ill, especially considering how intense the rain was. If she does get sick, the money she earns would need to go towards her treatment. It made me sad to think about this cycle. I started pondering about how we can support people who may not be aware of alternative ways to earn a living or those who are not familiar with online opportunities, especially in the digital world. It makes me wonder, does being offline mean being left behind?

kindly share your thoughts and any relevant resources in the comments.

Learn how to create a web-based wallet for seamless airdrop participation. Explore our step-by-step guide and embrace the future of digital currency.

The first few steps, the rest will be dropped soon, anticipate 😌

Keeping Your Crypto Safe: A Deep Dive into Cold Wallets 🚀🔒

Continuing from our last discussion on crypto wallets, today we explore a crucial subtopic – cold wallets. These offline storage solutions are essential for securing your digital assets. Let’s dive in!

v What is a Cold Wallet? 🌐❄️
A cold wallet allows you to store your cryptocurrency securely without an internet connection. This high level of security protects your assets from online hacks and exploits.

Key Features of Cold Wallets
Cold wallets like Ledger Nano S and Nano X are highly favored for their robust security and user-friendly features:
- Supports Multiple Coins: Store Bitcoin, Litecoin, Ethereum, and more.
-Data Backup & Recovery
-Modern Display

The Real Deal with Crypto Storage 🗝️🔗
Contrary to popular belief, wallets (both hot and cold) don’t hold your crypto. Instead:
- Blockchain Storage: All cryptocurrencies are stored on the blockchain.
- Key Storage: Wallets hold your public key (your address on the blockchain) and private key (your access code).
- Private Key Access: Only the private key lets you authorize transactions.

The Vital Role of Cold Wallets
Cold wallets protect your private keys in an offline environment, making them ideal for long-term holding. When you need to make a transaction, transfer the necessary amount to a hot wallet, which connects to the internet.

Noteworthy Cold Wallets
1. Ledger: Renowned for its security and sleek design.
2. Trezor: One of the first cold wallets, supporting Bitcoin, Litecoin, Ethereum, and more.
3. SafePal: Invested in by Binance, it offers a user-friendly interface and robust security layers.

Transferring Coins to a Cold Wallet
Moving your crypto to a cold wallet is simple:
1. Copy the Wallet Address: Ensure the correct cryptocurrency and network.
2. Transfer Your Crypto: Send from your current wallet or exchange to the cold wallet address.
3. Verify the Transfer: Check your updated balance on the cold wallet.

Cold wallets are your fortress in the crypto world, providing unparalleled security for your digital assets. Secure your investments today and enjoy peace of mind, But what about everyday transactions? Stay tuned for our next post

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Understanding Token Unlocks: A Key Event in Crypto Markets
Ever notice how some crypto prices take a nosedive after a big announcement of some released coins? TOKEN UNLOCK.

Imagine a locked safe full of crypto tokens. Unlocking it releases those tokens into the market. This can impact prices in a big way. ➡️

What Are Token Unlocks?

Token unlocks are crucial events in the crypto world where a specific amount of tokens, previously locked in a smart contract, are released into the market. These events are scheduled and announced in advance, allowing investors and traders to prepare.

Why lock tokens in the first place? Think of it like a slow drip, keeping prices stable. If everyone dumped their tokens all at once, it could cause a crash! Think of a firehose vs. a faucet.

Locking tokens helps stabilize cryptocurrency prices. If early backers or project team members sold all their tokens as soon as they were available, it could collapse the token's price. Generally, tokens with a low percentage (0-1%) increase in circulating supply do not significantly impact prices.

So, what happens after an unlock?

Dump and Pump: Prices might drop initially but then bounce back. ➡️➡️
Pump and Dump:
Prices might surge initially but then plummet. Yikes! ➡️

Savvy traders use this knowledge Some "short" token unlocks, betting on price drops. ️‍♂️ But be warned, shorting requires serious crypto experience and a cool head.

The Key to Smart Investing? Knowledge is power

Before you invest, check out data like investor purchase prices, how much crypto is available (liquidity), and how prices reacted to past unlocks. This intel can help you make smart decisions and avoid getting caught in the hype!

What are your thoughts on token unlocks? Let's discuss ⬇️

**

Keeping Your Coins: A Long-Term Play in Crypto

Owning cryptocurrency and waiting for its value to rise is a popular strategy that can bring significant gains for those who are patient. This approach is called "holding coins." Let's explore what it means and how to maximize your returns with this method.

Holding On A Long-Term Investment

Both "holding" and "HODLing" (a crypto slang term) mean the same thing: keeping your coins instead of selling them, even when the market gets shaky or prices fall. Unlike frequent buying and selling (trading), holding is a long-term investment strategy.

Imagine you believe in a promising altcoin (an alternative to Bitcoin) with potential for future growth. You might buy some and hold onto them for at least a year or two, waiting until they reach your desired price before selling. Even if the price dips in the meantime, you wouldn't sell. This makes you a "holder," and your strategy is called "holding coins."

Holders vs. Traders: Different Goals, Different Tools

Unlike traders who chase short-term profits, holders aim for significant returns, often hoping to double their investment or more. Because of these different goals, they use different tools: holders typically buy coins directly on the market (spot market), while traders often use borrowed funds (leverage) to increase their buying power.

The decision to hold or sell cryptocurrency is ultimately yours, and careful research is crucial before making a move. Some investors adopt a "HODL all the way" approach, meaning they buy crypto and plan to hold onto it for a long period, like months or even years.

Key Takeaway

Whether you choose to be a holder or a trader, understanding your investment strategy and goals is essential. Do your research, stay informed, and make decisions that align with your long-term vision.

KEYWORD OF THE DAY

DeFi aims to democratize finance by replacing traditional, centralized financial institutions with peer-to-peer relationships that can provide a full spectrum of financial services, from savings and loans to trading and insurance.

NEWS INSIGHT
Telegram to Launch Internal Currency "Stars" for In-App Purchases

Messaging app Telegram is reportedly launching a new digital currency called "Stars" on June 12th. Stars will allow users to pay for digital goods and services within Telegram bots and mini-programs with a likely service fee of 30%. Developers can withdraw Stars in the form of TON. This move has sparked controversy, with Apple reportedly warning Telegram of violating App Store guidelines regarding in-app purchases.

Currently, Telegram users can directly purchase services within bots and mini-apps, potentially bypassing the standard payment systems of app stores. It appears Stars might be a way to facilitate these transactions while potentially addressing the concerns raised by Apple.
Source: https://www.binance.com/en-NG/square/post/2024-05-23-telegram-to-launch-new-internal-currency-telegram-stars-8479275452938

www.binance.com

How Do Blockchain Transactions Work? (It's Simpler Than You Think)

Imagine sending money to a friend across the globe in seconds, without a bank involved. That's the power of blockchain transactions! Let's break down the simple steps behind this revolutionary technology:

1. Initiating the Transaction
When you send cryptocurrency to someone, you start a transaction. This includes the sender's public address (like your account number), the receiver's public address, and the amount to be transferred.

2. Transaction Verification
Once you hit send, the transaction is broadcast to a network of computers (nodes) around the world. These nodes act like detectives, verifying the transaction using consensus algorithms. They make sure you have enough balance and that the transaction is legitimate (not trying to spend money you don't have).

3. Adding to the Block:
After verification, the transaction is bundled with other verified transactions into a block. Think of this block as a new page in a giant, public ledger.

4. Confirmation
Miners (for proof-of-work blockchains) or validators (for proof-of-stake blockchains) confirm the transaction by solving complex mathematical problems. Once solved, the block is permanently added to the blockchain, and the transaction is considered confirmed.

5. Receiving the Funds
Finally, the receiver gets the cryptocurrency! The entire process, from initiation to confirmation, ensures the transaction is secure, transparent, and tamper-proof.

Key Points to Remember:
- Decentralization: No central authority like a bank controls the process. Everyone on the network has a copy of the ledger, making it more secure.

- Security:Strong cryptographic techniques protect the transaction and your funds.

- Transparency: All transactions are recorded on a public ledger, providing complete transparency.

- Immutability: Once added to the blockchain, a transaction cannot be altered or deleted.

🔍 Want to dive deeper into blockchain technology? Stay tuned for more insights and explanations! 🚀

KEYWORD OF THE DAY

Exciting News Alert: MetaMask Plans to Add Support for Bitcoin

MetaMask, the leading wallet in the Ethereum (ETH) ecosystem, is making a groundbreaking move by extending its support to Bitcoin (BTC). This big step is set to bridge the gap between two major cryptocurrency communities.

What's in Store?

The addition of Bitcoin support to MetaMask brings a host of exciting possibilities:

1. Streamlined Wallet Experience:
- Users can now conveniently manage both Ethereum and Bitcoin in one unified wallet, simplifying their crypto management.

2. Enhanced Accessibility:
- Bitcoin enthusiasts can now benefit from MetaMask's user-friendly interface and top-notch security features.

3. Wider Adoption:
- With Bitcoin support, MetaMask is poised to attract a larger user base, potentially accelerating the adoption of blockchain technology.

Source:
https://www.coindesk.com/business/2024/05/22/bitcoin-is-coming-to-ethereum-stalwart-metamask-sources/?_gl=1*122b5xt*_up*MQ..*_ga*NjExNTg5ODI5LjE3MTY0NDQ5OTk.*_ga_VM3STRYVN8*MTcxNjQ0NDk5OS4xLjAuMTcxNjQ0NDk5OS4wLjAuMjA5Njg4NDU1MA..

Stay tuned for more updates on this game-changing development as it unfolds! 🌐🚀

Bitcoin Is Coming to Ethereum Stalwart MetaMask: Sources MetaMask is a giant in the Ethereum ecosystem, but it's poised to cross one of the biggest tribal divides in crypto.

KEYWORD FOR THE DAY

NEWS INSIGHT.
Binance is planning on listing mid to low cap coins. Listings on Binance are known for causing significant price increases.

Here are a few low cap coins that might be listed on Binance:

1. $P**L ($0.498208):
- Project: P**L A.I. uses artificial intelligence to improve user experiences in blockchain technology, aiming to make cryptocurrencies and blockchain tech more accessible through AI platforms.
- Services: PaalX, PaalBetBot, and Custom Data Feeds.
- Reason for Possible Listing: It’s an AI project with a major ecosystem.

2. $GLQ ($0.1198):
- Project: GraphLinq includes the GraphLinq Chain and Protocol, which simplify automation without coding and ensure secure ex*****on through a Proof-of-Authority blockchain.
- Goal: To expand with more decentralized apps for complex automation tasks.
- Reason for Possible Listing**: It’s an AI project that makes automation easy without coding and is supported by a reliable blockchain.

3. $NMT ($10.07):
- Project: NetMind is a distributed computing platform for AI and data science, offering NetMind.Power for advanced computing and NetMindChat, a customizable chatbot.
- Reason for Possible Listing: It’s a growing AI project with multiple products and a strong business model.

4. $IXS ($0.5609):
- Project: IX Swap merges DeFi with tokenization, focusing on the secure and convenient issuance, listing, and trading of security tokens and fractionalized NFTs, while complying with CeFi regulations.
- Goal: To enhance liquidity and infrastructure for security tokens and fractionalized NFTs, enabling global trading in this asset class.
- Reason for Possible Listing: It’s a leading project in the Real World Assets (RWA) space with its own ecosystem and multiple products.

Binance is the top crypto exchange, offering high liquidity, many active traders, and great opportunities for projects to reach a large audience. Do you need more information?

10 Low-Mid Cap Cryptocurrencies Set to List on Binance With Potential for Exceptional Gains | CaptainAltcoin on Binance Square
https://www.binance.com/en/square/post/8448710871281

Can your traditional banking transactions be tampered with?

Introducing Blockchain

Ever think about the journey your money takes when you send it electronically? It seems simple: you initiate the transfer, your bank updates the ledgers, and voila! Done deal. But here's the surprising fact "traditional banking transactions can potentially be tampered with." This vulnerability is exactly why Blockchain technology emerged.

KEYWORDS TO REMEMBER:
- Immutable
- Transparency
- Decentralized
- Ledger

What is Blockchain?

Blockchain is a digital ledger that records transactions across multiple computers. Once data is recorded in a block, it cannot be changed, making the entire system secure and trustworthy.

Scenario:

Think of a blockchain as a highly secure digital ledger. When you make a transaction, instead of just one bank keeping a record, the transaction details are stored across multiple computers in a network. Each transaction is a "block," and these blocks are linked together in a "chain."

For example, if you send money to a friend, this transaction is recorded in a block. Once this block is added to the chain, it becomes permanent and unchangeable, ensuring transparency and security.

Unlike traditional databases controlled by a single entity (like a bank), blockchain is decentralized. This means no single entity has control, which enhances security and trust.

Why Does Blockchain Matter?

Blockchain isn't just about cryptocurrencies. It has the potential to revolutionize various industries by providing a secure, transparent, and decentralized way to record transactions. The change blockchain brings, has already started.

you may have noticed many businesses around the world integrating Blockchain technology. But how exactly does Blockchain technology work?
Hold on. There's more to come. 🌐💡

You Don't Own Your Online Data, Here's How Web3 Fixes That

Ever wonder what happens to your data when you use social media, search engines, or shop online? Companies collect and store your activities, preferences, and personal info. Most of the time, you have little control over how it's used, and it’s often sold to advertisers without your consent. 😬

But guess what? Web3 is changing all that!

What is Web3?

Web3, the decentralized web, is the next big evolution of the internet. It’s transforming the digital landscape by giving you control over your own data and online interactions. Think of the internet as a story with chapters. Web3 is the exciting new chapter where you're in charge! Unlike the "old internet" To understand Web3, let's take a quick trip down memory lane:

- Web1: The early internet with static web pages. You could read info but not interact much.
- Web2: The current internet with dynamic, user-generated content and social interactions. Big companies control and monetize your data.

Why Does Web3 Matter?

Web3 is more than just a tech upgrade; it's a whole new way of thinking! It’s all about empowering users, safeguarding privacy, and creating an open internet where everyone has a fair shot. Think of Web3 as a digital cooperative where everyone has a voice and a stake in the game. 🎉

Key Features of Web3:

- Decentralization: No single entity controls the network, promoting fairness and transparency.
- User Ownership: You own your data and digital assets, reducing dependency on tech giants.
- Trustless Transactions: Smart contracts automate and secure transactions without middlemen.

🔮 Excited to learn more about Web3? 💻✨

In my next post, I'll dive into the layers of Web3 architecture, showing you the building blocks that power this new decentralized web. From dApps to protocol layers, we'll explore how each piece is shaping the future of the internet. Stay tuned for an exciting journey into the heart of Web3! 🌐💡

Hey Everyone! 🌟

Hey Crypto-Curious Minds!

Are you ready to unlock the potential of cryptocurrencies? I'm Debbie Paul, and I'm on a mission to make crypto understandable and exciting for everyone.

Whether you're a complete beginner or have some basic knowledge, join me as we delve into the world of blockchain technology, explore different cryptocurrencies, and discover how they're changing the way we think about money.🚀

A Little About Me:
I’m a young, tech-savvy enthusiast with a strong interest in both technology and finance. Over the past few months, I’ve been completely captivated by the potential of cryptocurrencies to reshape our financial systems and create new opportunities for innovation.

Why Crypto?
Cryptocurrency isn’t just a buzzword; it’s a revolutionary technology that’s changing how we think about money, transactions, and digital ownership. From Bitcoin to Ethereum, each crypto offers unique features and potential applications. I truly believe that understanding these technologies is key to being part of the next wave of financial innovation.

What’s Coming Up:
- Educational Posts: Breaking down complex concepts for everyone.
- Market Updates: Keeping you in the loop with the latest trends.
- Personal Insights: Sharing my learning journey.

Join the Conversation:
I’m here to learn and grow with you all. Let’s discuss, share ideas, and help each other navigate this exciting field. What's your biggest question about cryptocurrency? Drop a comment below and let's start the conversation!

Thanks for joining me on this exciting adventure.