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Join Our Telegram channel to stay up to date on breaking news coverage A revolutionary new fitness platform has arrived to shake up the move-to-earn crypto space. Fight Out is a brand new web3 fitness application and gym chain that rewards its users for working out, completing challenges and competing within a first-of-its-kind fitness metaverse. Don't let your fitness journey slip away, track your progress and see the results! Fight Out is revolutionising fitness in the Web 3 era. 👊⚡️ Learn more at https://t.co/z34Nkx3ffi! pic.twitter.com/cqbIAiNtMA — Fight Out (@FightOut_) January 27, 2023 At the center of Fight Out’s digital ecosystem will be its smartphone application which, according to Fight Out’s whitepaper, is scheduled for launch in Q2 2023. The Fight Out app will harness smartphone and wearable technology to measure and track physical performance. The Fight Out app and ecosystem will run on a tokenized economy, where user...

Professionals working in the Web3 space highlighted various tools and best practices to protect NFTs from hackers and scammers. As nonfungible tokens (NFTs) attract more users, they also capture the eyes of scammers. Bad actors in Web3 have set their sights on digital collectibles, with millions being lost through scams and various attacks.  However, according to professionals working in the Web3 space, there are multiple ways and tools to prevent being a victim of NFT theft . In addition, users can also take various actions after losing their digital collectibles to hacks. Ronghui Gu, the co-founder and CEO of blockchain Security firm CertiK, told Cointelegraph that the first and most important step is always due diligence. “Avoid clicking on suspicious links and be very careful when signing token approvals,” Gu shared. Taking it a step further, the executive shared other best practices like periodically checking and revoking unneeded permissions and segregating NFTs into differen...

One of the most intriguing concepts in the blockchain industry is the metaverse. The metaverse, which combines virtual and augmented realities, allows users to engage in an online community and have an immersive experience. Several industry experts have been blown away by its usability and user experience.  One such is RobotEra, a new project poised to impact the crypto market significantly. An Introduction to RobotEra RobotEra is a new metaverse gaming platform looking to provide players with intriguing gameplay and multiple ways to earn. The game, which was developed by LBank Labs, is in its final stages of development. With RobotEra, players can access different interesting Web3 concepts in a game that provides a fully immersive and optimal experience. Many players believe that the game is set to be the next big thing in the industry, and the initial reception has been more than impressive.  RobotEra takes players to a virtual world that was recently des...

The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches New All-Time High as Mining Gets Tougher Bitcoin’s difficulty reached another all-time high, surpassing the record set two weeks ago, after rising 4.68% on Sunday. The increase occurred at block height 774,144, at 6:10 a.m. (UTC). The difficulty is now at 39.35 trillion, close to surpassing 40 trillion. The next adjustment is due Feb. 11, 2023. The rise makes mining blocks more difficult, following a 4.68% jump after the 10.26% increase on Jan. 15, 2023. Jan. 29 statistics show a hashrate of 279.7 exahash per second (EH/s) over the last 2,016 blocks, currently at 283.55 EH/s dedicated to the Bitcoin blockchain. Statistics from macromicro.me on Jan. 28, 2023, estimate the cost of BTC production at $21,176 per unit. On Jan. 29, the...

The Department of Motor Vehicles (DMV) in California is running a project to digitize all of its titles and put them on a blockchain. The project, which will use the Tezos blockchain and has the assistance of Oxhead Alpha, a crypto dev company, aims to allow users to transfer titles as NFTs in the future. Innovation Comes to the DMV in California The Department of Motor Vehicles (DMV) in California is working to bring innovation to its tasks by decentralizing its functions. The institution is currently in the process of moving all of its registered titles to the blockchain, according to Ajay Gupta, the chief digital officer of the DMV in the state. The project, which started back in 2020 and stopped progress due to the pandemic, will produce a “shadow ledger” of all of the vehicle titles in the state, to modernize its registry and operations. The new system will be established on top of the Tezos blockchain and will be built in partnership with Oxhead Alpha, a cryptocurre...

Source: TradingView The Terra Luna Classic price has dropped by 1.5% in the past 24 hours, sinking to $0.00017113 as the market as a whole dips by around 0.5%. Its fall comes as its 24-hour trading volume reads at just over $60 million, with the altcoin also down by 1.5% in a week but up by 1.5% in the last 14 days. However, a trading volume of $60 million does actually represent a decline of over 80% since January 14, when 24-hour volume passed $380 million and when LUNC's price climbed as high as $0.00019. As such, it seems that market interest in the altcoin may be waning, with the Terra Luna Classic community currently embroiled in infighting with regards to how to boost the coin's growth. Terra Luna Classic Price Prediction as $60 Million Trading Volume Comes In – Can LUNC Reach $1 in 2023? LUNC's chart confirms the suspicion that it's in the midst of a downswing that hasn't quite played out yet. In particular, its 30-day moving average (red...

When we first get into investing, we are confronted with charts. Charts that show how our particular asset of interest is performing. No matter what you're into, its price performance can be shown on a chart, and in a number of different ways. For the general public there's the good old line chart; easy to understand and what we were all taught at school.  Something like that is all well and good for showing performance between two points in time, like a daily session in London or New York, but besides showing us that the price is now higher or lower than it was this morning at the open, its not much use for anything else. For that reason price performance is often shown on a candle chart, like this: For the untrained eye, this is a fearsome spectacle. Green and red blocks, some with tails and some without. Luckily it doesn't take very long to learn what these candles are telling us and help us build up a picture of what we are looking at. But, like ever...

Robinhood ’s Twitter account was compromised earlier when hackers took over the account to promote a Scam token. The hacker tried to incentivize the 1.1 million followers of the Robinhood app to invest an in unverified token project with the community. The now-deleted tweet was promoting the launch of a new scam token called RBH. The hackers sent out the time for the users to buy the token and also mentioned the start price as $0.0005. Robinhood presumably hacked pic.twitter.com/UgRD3UCbo9 — db (@tier10k) January 25, 2023 Binance’s CZ speaks about the hack Since the news of the Robinhood Twitter account hack surfaced, it has come to CZ’s attention. On-chain sleuth ZachXBT also tweeted that the scam was funded via Binance. The hacker, in a short period of time, managed to make $7,500 before the tweet was taken down. Looks like Robinhood account got hacked and was promoting a coin on BNB Chain. Always have critical thinking even is the a...

Join Our Telegram channel to stay up to date on breaking news coverage With more than 80% of the vote, a temperature-checking vote recommending the deployment of Uniswap v3 over BNB Chain was approved. This is true despite community objections to shifting the decentralized exchange system (DEX) toward a platform with a higher degree of centralization. The vote garnered “the greatest quantity [of participating wallets] throughout the entire Uniswap Governance History,” with only 0.1% of voting wallets accounting for 99% of either the 24.9 million votes, but Uniswap may also be experiencing centralization issues. Only five blockchains—Ethereum, Polygon, Arbitrum, Optimism, as well as Celo—are participating in Uniswap’s v3 protocol, with 90% of its entire value locked on Ethereum (TVL). Compared to Curve (12) and Sushi, two popular DEXs, this is more traditional (23). The proposal, promoted by Plasma Finance, might challenge the $2.45 bn TVL of Panca...

Episode four of Cointelegraph’s Crypto Trading Secrets podcast features an interview with Nicholas Merten, who shared his opinions on the crypto bear market and more. Nicholas Merten, a crypto trader and the creator of the DataDash YouTube channel, joined Cointelegraph’s Crypto Trading Secrets Podcast for an interview with host Benjamin Pirus, discussing a number of topics, including his opinions on the state of the crypto market . “I think that right now, we’ve been going through what can only be seen as a period of consolidation,” he said when asked about his thoughts on the price of Bitcoin (BTC) as of Jan. 9, the date of the interview. Bitcoin largely traded sideways for part of November and most of December. January, however, has seen the asset rise from below $17,000 to above $23,000. Looking back at Bitcoin’s price chart shows the asset near the beginning of its ascent on Jan. 9, sitting in the low- to mid-$17,000 range. Merten noted that he likes to look at the big pictur...

Ripple ’s native token XRP received over $1.02 billion in inflows in the last 24 hours making its price jump above $0.40. XRP was in accumulation mode for more than a week around these levels and found a breakthrough with the massive inflow of funds. The cryptocurrency went up to $0.43 on Tuesday and is now looking to break through its next resistance of $0.45. XRP’s market cap touched $21.5 billion after the $1.02 billion inflow was recorded making its price spike 5% in the day’s trade. The buying pressure made the token catapult above $0.43 and is now looking to aim higher at $0.50. Will XRP Reach $1 Next? Source: DailyHodl.com XRP started 2023 on the front foot as it’s up nearly 23% in the last 14 days. However, the gradual price increase is fueled by the broader markets as the momentum is in favor of a rally. For XRP to aim for $1, it needs to steadily climb above the $0.50 mark next in the coming weeks. While it took nearly three months for XRP ...

While the concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared to other Ethereum privacy solutions. Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” foEthereum — privacy. In a blog post on Jan. 20, Buterin acknowledged the need to come up with a privacy solution because by default, all information that goes onto a “public blockchain” is public too. He then arrived at the concept of “stealth addresses” — which he said can potentially anonymize peer-to-peer transactions, nonfungible token (NFT) transfers, and Ethereum Name Service (ENS) registrations, protecting users.  An incomplete guide to stealth addresses:https://t.co/21Q18BrD30 — vitalik.eth (@VitalikButerin) January 20, 2023 In the blog post, Buterin explained how on-chain transactions can be carried out between two parties with anonymity.  Firstly, a user looking to receive assets wil...

Join Our Telegram channel to stay up to date on breaking news coverage Aptos was a recent addition to the crypto market, and the token has managed to make it under the top 30 crypto tokens in no time. A token of this success can hardly dodge investors’ interest, and with its recent price increase, it’s attracting eyeballs more than ever. If you’re someone who wasn’t aware of the token until now, we have you covered.   What Is Aptos? Aptos, a project by Aptos Labs, is a web3 startup that aims to build a scalable layer-1 blockchain. It was founded by developers who previously worked on Diem, a blockchain initiative that was abandoned by Meta in January. This means that Aptos already has a strong foundation on which to build its products on.   The company uses key elements of the former Diem blockchain and Move, a programming language that was independently developed by Meta. Aptos claims that the network will be able to process over 130k transac...