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Sunday, September 29, 2024

Pi coin

"Pi Coin (Pi Network)" is a cryptocurrency project aimed at creating a digital currency that is easy to mine using mobile phones. Here’s a summary of key details about Pi Coin:

1. Mining via Mobile App:

Pi Network allows users to mine Pi coins through a mobile app. Unlike traditional mining (e.g., Bitcoin), which requires significant computing power and energy, Pi's mining process is lightweight, making it accessible to everyday users with smartphones.

2. Development Phases:

Pi Network has been divided into multiple phases:

Phase 1 (Design and Token Distribution): Focused on growing the user base and distributing Pi tokens.

Phase 2 (Testnet): Developers tested the blockchain's stability, and users could continue mining.

Phase 3 (Mainnet): Expected to allow Pi coins to be traded on exchanges, with real-world value. As of now, the mainnet launch is still anticipated, and Pi coins cannot yet be traded or used outside the Pi ecosystem.

3. Decentralization and Security:

The Pi Network aims to be a decentralized platform. It uses a consensus algorithm based on Stellar’s Federated Byzantine Agreement (FBA) to validate transactions, making it more efficient compared to traditional proof-of-work blockchains.

4. Value of Pi Coin:

Currently, Pi Coin has no official value as it has not been listed on any major cryptocurrency exchanges. Its future value will depend on the success of the mainnet launch and the utility of Pi coins in real-world applications.

5.Criticism and Caution:

The project has attracted both interest and skepticism. Some critics argue that Pi's long wait for mainnet and lack of tradable value might be concerning, while others view it as a promising future project. Users should approach it with caution, especially as the mainnet has not yet gone live.

For more updates and to participate in Pi Network, users can access the "Pi Network mobile app".

Illuvium Guides: Let Zendesk Guide You

Illuvium Guides: Let Zendesk Guide You...

Illuvium is a blockchain-based, decentralized game that combines open-world exploration, NFT creature collection, and auto-battler mechanics. Players venture across alien landscapes, capture and train creatures called "Illuvials," and battle other players in competitive arenas. For guides on Illuvium, Zendesk offers comprehensive resources covering key aspects like:

Key Topics in Illuvium Guides:

1. Getting Started: How to set up your wallet, purchase ILV tokens, and start exploring Illuvium.

2. Illuvial Capturing: Detailed steps on how to capture and evolve Illuvials for your team.

3. Game Mechanics: Guides on battling, team composition, and leveraging the strengths of your Illuvials in combat.

4. NFTs and Marketplace: Instructions on trading your captured Illuvials as NFTs, including how to buy and sell them on Illuvium's marketplace.

5. Staking ILV: Learn how to stake ILV tokens to earn rewards through the in-game DeFi system.

To explore these guides further, Zendesk provides detailed articles and tutorials via the Illuvium support center. You can access these through the official "Illuvium Zendesk page".

Latest Big News for ZenQ Token

The latest news for the ZenQ token revolves around Zenqira, the decentralized AI computing platform that has recently concluded its first private sale of the ZENQ token. Due to overwhelming demand, Zenqira is launching a new private sale slot, which began on August 14, 2024. The ZENQ token powers the platform by incentivizing resource sharing, unlocking premium features, and offering discounts on computing services.

Zenqira’s platform connects global computing providers with AI developers to optimize AI model training and resource utilization. With the growing AI market projected to reach over $2.5 trillion by 2032, Zenqira positions itself to tap into this expanding field. The ZENQ token operates with a deflationary model, where a portion of revenues is used to maintain liquidity and burn excess tokens, enhancing its value stability.

The success of the private sale and the upcoming opportunities highlight Zenqira's ambitions in revolutionizing decentralized AI computing.

Saturday, September 28, 2024

20 Best crypto coins bull run list( next 1000× for 2025-26)

Predicting which cryptocurrencies will deliver 1000x returns during a bull run in 2025-2026 is highly speculative. However, some projects are currently gaining attention for their innovative technology, growing user base, and potential for mass adoption. While it's impossible to guarantee future performance, here’s a list of 20 cryptocurrencies that are commonly mentioned as high-potential for significant returns:

1. Ethereum (ETH)

Why: The leading smart contract platform continues to dominate the decentralized finance (DeFi) and non-fungible token (NFT) spaces. Ethereum’s upgrades (Ethereum 2.0) will enhance scalability and efficiency.

2.Solana (SOL)

Why: Known for its high throughput and low transaction costs, Solana is a rising competitor to Ethereum for building decentralized apps (dApps).

3. Polkadot (DOT)

Why: Focuses on interoperability between blockchains, enabling multiple blockchains to communicate and share information seamlessly.

4. Avalanche (AVAX)

Why: A high-speed Layer 1 blockchain offering fast transactions and low fees. It's a growing hub for DeFi applications.

5. Polygon (MATIC)

Why: A Layer 2 scaling solution for Ethereum, Polygon offers faster and cheaper transactions while benefiting from Ethereum's security.

6. Chainlink (LINK)

Why: As a leading oracle network, Chainlink plays a crucial role in connecting smart contracts with real-world data.

7. Cardano (ADA)

Why: A blockchain focused on sustainability, scalability, and decentralization. It continues to attract attention with its research-driven approach and development.

8. Cosmos (ATOM)

Why: Known as the "Internet of Blockchains," Cosmos focuses on enabling different blockchains to interoperate. Its ecosystem is growing rapidly.

9. Near Protocol (NEAR)

Why: An Ethereum competitor with a focus on developer-friendliness, low fees, and fast transaction speeds.

10. Fantom (FTM)

Why: A highly scalable blockchain designed for DeFi, dApps, and enterprise applications. Fantom is known for its speed and security.

11. Arbitrum (ARB)

Why: A popular Layer 2 solution for Ethereum offering scalability and low transaction fees for dApp users.

12. Optimism (OP)

Why: Another leading Layer 2 solution for Ethereum that offers faster and cheaper transactions while maintaining security.

13. Aptos (APT)

Why: A new Layer 1 blockchain designed for scalability and security. Aptos promises fast and reliable transactions.

14. The Sandbox (SAND)

Why: A leading platform in the metaverse and gaming space, Sandbox allows users to create, own, and monetize their gaming experiences through NFTs.

15.Decentraland (MANA)

Why: A virtual reality platform powered by the Ethereum blockchain, allowing users to create, experience, and monetize content and applications.

16. Hedera Hashgraph (HBAR)

Why: A unique distributed ledger technology (DLT) designed for fast, secure, and fair transactions. It's gaining adoption for enterprise use cases.

17. VeChain (VET)

Why: Focuses on supply chain logistics and has partnerships with large enterprises. Its blockchain solution tracks products through the supply chain to ensure quality and authenticity.

18.Gala (GALA)

Why: A gaming and entertainment-focused blockchain. Gala Games is creating an ecosystem where players can own in-game assets and trade them as NFTs.

19. Render Token (RNDR)

Why: A decentralized GPU rendering network that allows creators to tap into a distributed network of idle GPUs for high-performance tasks like rendering.

20. Immutable X (IMX)

Why: A Layer 2 scaling solution for NFTs on Ethereum, providing fast and gas-free transactions for NFT creators and traders.

Honorable Mentions:

Injective (INJ): Focuses on DeFi applications, with cross-chain decentralized exchanges.

Render Token (RNDR): Decentralized GPU rendering for creators.

Gala (GALA): Blockchain-based gaming platform where users can create and trade in-game assets.

SingularityNET (AGIX): An AI-driven marketplace for decentralized artificial intelligence.

Key Considerations:

1. Research: Always conduct deep research into each project’s fundamentals, partnerships, and potential real-world applications.

2. Market Sentiment: Keep in mind that market cycles are driven by sentiment, and prices can be highly volatile.

3. Risk Management: Diversifying across different types of projects (e.g., DeFi, metaverse, infrastructure) can help reduce risk.

4. Timing: Crypto markets go through cycles of bull runs and corrections. Investing during bear markets can often yield the highest returns during the next bull cycle.

5. Long-Term Vision: Look for projects with real-world utility and a strong community backing, which is essential for long-term growth.

While the potential for 1000x returns exists, it’s crucial to approach crypto investing with caution and realistic expectations.

Become a crypto millionaire by 2025

Becoming a crypto millionaire by 2025 is an ambitious goal and depends on a combination of strategic investing, risk management, and market conditions. While there's no guaranteed formula for success, here are key strategies and factors to consider:

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1. Understand the Market:

Education: Spend time learning about blockchain technology, cryptocurrencies, decentralized finance (DeFi), NFTs, and other trends. The more knowledge you have, the better decisions you can make.

Volatility: Cryptocurrencies are notoriously volatile. Prices can rise or fall drastically, so be prepared for significant fluctuations.

2. Invest in Solid Projects:

Blue-Chip Cryptocurrencies: These are well-established cryptos like "Bitcoin (BTC)" and "Ethereum (ETH)". Bitcoin is often seen as a store of value, while Ethereum powers the largest blockchain ecosystem, including DeFi and NFTs.

Altcoins with Potential: Look for promising altcoins with real-world utility, strong development teams, and active communities. Some examples are:

Solana (SOL): Known for its fast and low-cost transactions.

Polkadot (DOT): Focused on interoperability between different blockchains.

Chainlink (LINK): Provides crucial data for decentralized applications (dApps).

Metaverse and Gaming Tokens: Tokens associated with the metaverse, like "Decentraland (MANA)", "The Sandbox (SAND)", or gaming platforms like "Axie Infinity (AXS)", have seen significant growth.

Early-Stage Projects: Some investors focus on identifying early-stage projects with high upside potential, but these carry much higher risk.

3. Portfolio Diversification:

Diversify" your crypto holdings to balance risk. While Bitcoin and Ethereum are safer bets, a portion of your portfolio can go to riskier altcoins that may offer higher rewards.

- Consider diversifying across different sectors of the crypto space, such as:

DeFi: Tokens like "Uniswap (UNI)" or "Aave (AAVE)".

Layer-2 Scaling Solutions: Such as "Polygon (MATIC)".

Stablecoins: Holding some assets in stablecoins like "USDC" or "DAI" for liquidity and to reduce risk during downturns.

4. Stay Updated on Trends:

Follow industry trends: Staying ahead of major trends like "DeFi", "NFTs", "Web3", and the "metaverse" can give you an edge.

Regulatory Developments: Watch out for changes in crypto regulations in different countries. Positive regulations can spur growth, while restrictive policies can negatively impact the market.

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5. Risk Management:

Never invest more than you can afford to lose: Crypto is high risk, and while it offers massive potential rewards, there are also chances of losing significant amounts.

Take Profits: It's important to have a strategy for taking profits when the market moves in your favor. Avoid becoming too greedy and risk losing gains during downturns.

Secure Your Assets: Use hardware wallets (e.g., Ledger, Trezor) to store your assets securely. Keep your private keys safe to avoid hacks and theft.

6. Long-Term Vision:

Hold through Volatility: Successful crypto investors have often made the most gains by holding their investments (HODLing) through market cycles rather than panic selling during downturns.

Dollar-Cost Averaging (DCA): Invest a fixed amount at regular intervals to mitigate the impact of volatility and reduce the risk of mistiming the market.

7. Explore Passive Income:

Staking: Many cryptocurrencies allow you to earn passive income by staking your assets. For example, staking Ethereum on Ethereum 2.0 or Polkadot can provide regular rewards.

Yield Farming and Liquidity Provision: In DeFi, you can earn interest or rewards by lending your assets or providing liquidity to decentralized exchanges (DEXs) like Uniswap or PancakeSwap.

8. Networking and Collaboration:

Join Crypto Communities: Being active in crypto communities like Twitter, Reddit, Telegram, or Discord helps you stay informed and connect with like-minded investors.

Follow Influencers and Analysts: Many crypto influencers provide valuable market insights and analysis. However, always do your own research before making decisions based on their advice.

9. Leverage (With Caution):

Some traders use leverage to amplify gains. While leverage can increase profits, it can also magnify losses and lead to liquidation in a volatile market. Only use leverage if you fully understand the risks.

10. Have an Exit Strategy:

Set clear goals: Decide what "being a millionaire" means to you and have a plan for cashing out. You may want to take profits at certain price points or once your portfolio reaches a specific value.

Stablecoin Conversion: If you reach your goal, consider converting part of your crypto holdings to stablecoins or fiat to lock in your gains.

Conclusion:

Becoming a crypto millionaire by 2025 is possible but requires a combination of luck, research, and patience. Diversifying your investments, keeping a long-term perspective, and managing risks will help you navigate the crypto market's ups and downs.

Facebook class action lawsuit

Facebook has been involved in several class action lawsuits over the years, with key issues primarily centered around privacy, data security, and misleading advertising practices. Here are some notable cases:

1. Cambridge Analytica Scandal (2018):

Background: This case arose after revelations that Facebook allowed Cambridge Analytica to access the personal data of millions of users without their consent.

Outcome: Facebook settled for $650 million in a class action lawsuit in Illinois related to violations of the Biometric Information Privacy Act (BIPA), where it was accused of improperly collecting and storing biometric data through its facial recognition technology.

2. User Data Privacy and Tracking (2021):

Background: Facebook was accused of tracking users’ browsing activities even after they had logged out of the platform, raising significant privacy concerns.

Outcome: In 2022, Facebook agreed to a $90 million settlement for this class action lawsuit. The suit claimed that Facebook’s practices violated users' privacy rights by continuing to collect data through third-party websites.

3. Advertising Metrics Class Action (2018):

Background: Advertisers alleged that Facebook inflated its video advertising metrics, leading to misleading representations of ad performance.

Outcome: Facebook settled this lawsuit for $40 million in 2020, acknowledging that it misrepresented average viewing times for video ads between 2015 and 2016.

4. Discrimination Claims Against Employees (2023):

Background: A class action lawsuit was filed by Meta employees alleging discriminatory practices related to hiring, promotions, and workplace culture.

Status: This case is ongoing and focuses on internal workplace policies and practices.

5. Children’s Privacy Lawsuit:

Background: Facebook faced lawsuits related to its handling of children's data, particularly under the Children’s Online Privacy Protection Act (COPPA).

Outcome: Various lawsuits and investigations have prompted Facebook to implement stricter controls and changes in how it collects and manages data from minors.

Conclusion

These lawsuits highlight ongoing concerns about user privacy, data security, and corporate responsibility at Facebook (Meta). The outcomes often lead to significant settlements and changes in company policies to better protect user information and comply with legal standards. For the latest updates, it's essential to follow legal news or specific court filings related to these cases.

Class action facebook

Facebook (now Meta Platforms) has faced several class action lawsuits over the years. Here are a few prominent cases:

1. Cambridge Analytica Data Scandal (2018):

One of the most significant class action lawsuits against Facebook arose from the "Cambridge Analytica scandal". It involved allegations that Facebook allowed the political consulting firm Cambridge Analytica to improperly access data from millions of users without their consent.

In 2020, Facebook agreed to pay $650 million to settle a class action lawsuit over this issue in Illinois, related to violations of the state's Biometric Information Privacy Act (BIPA). The lawsuit alleged that Facebook's facial recognition technology violated users' privacy rights by collecting and storing biometric data without proper consent.

2. User Data Privacy and Tracking (2021):

In another class action suit, Facebook was accused of tracking users’ browsing activity even after they logged out of the platform. This case resulted in a $90 million settlement in 2022. The lawsuit claimed that Facebook violated privacy rights by continuing to track users across other websites through plug-ins, like the Facebook "Like" button.

3. Meta Employee Class Action Lawsuit (2023):

In 2023, a class action lawsuit was filed by a group of Meta employees over issues like discriminatory practices, harassment, and unequal pay. This case is still ongoing and deals with internal company policies and culture.

4. Advertising Metrics Class Action (2018):

Another lawsuit accused Facebook of inflating its video ad metrics, leading advertisers to overpay for ads. In 2020, Facebook agreed to pay $40 million to settle claims that it misrepresented the average viewing time on video ads between 2015 and 2016.

Meta Platforms continues to face legal challenges, many of them related to privacy concerns, data breaches, and its use of user data for advertising purposes. For up-to-date information on specific lawsuits, it’s important to check the latest reports or legal filings.

Buy crypto from paypal

To buy crypto from PayPal, follow these steps:

1. Log in to PayPal: Open the PayPal app or visit the PayPal website and sign in to your account.

2. Navigate to Cryptocurrency:

On the home screen or the "Payments" section, look for the "Crypto" option.

Select "Buy" to view the available cryptocurrencies.

3. Select a Cryptocurrency:

Choose from supported cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).

Review the current market price and other details provided.

4. Enter Purchase Amount:

Input the amount you want to spend in USD (or your local currency).

PayPal will show you the equivalent amount of crypto you'll receive, including any transaction fees.

5. Choose a Payment Method:

Confirm your preferred funding source (e.g., linked bank account, debit/credit card, or PayPal balance).

You may need to add a new payment method if none is linked.

6. Review and Confirm:

Review the transaction summary, including any fees and the amount of cryptocurrency you'll receive.

Accept PayPal's terms and conditions, then confirm your purchase.

7. Complete the Purchase:

After confirmation, the crypto will be added to your PayPal wallet. You can view your holdings in the "Crypto" section.

Note: PayPal currently restricts users from transferring their crypto to external wallets (in some countries). You can only buy, hold, sell, or use the crypto for PayPal purchases. Be sure to check the latest PayPal policies in your region.

Paypal usd

PayPal USD (PYUSD) is a stablecoin launched by PayPal, pegged to the value of the U.S. dollar. It was introduced in August 2023 and is issued by Paxos Trust Company. PYUSD is designed for use in payments, remittances, and other online financial transactions, with the stability of being backed by the U.S. dollar. It operates on the Ethereum blockchain, meaning it’s compatible with Ethereum-based applications.

Key features of PayPal USD:

Fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and similar cash equivalents.

Transferable between PayPal wallets and supported crypto exchanges.

Usable for various online payments, digital purchases, and peer-to-peer transfers.

PayPal’s entry into stablecoins signals the growing integration of traditional finance and blockchain technology.

Paypal stablecoin

PayPal recently launched its own stablecoin called "PayPal USD (PYUSD)". It’s a type of cryptocurrency that is tied to the value of the US dollar, meaning 1 PYUSD is equal to $1. This makes it a more stable option compared to Bitcoin or Ethereum, which can have big price swings.

What is PayPal USD (PYUSD)?

Backed by USD: PayPal’s stablecoin is backed by US dollars and short-term US government bonds. It’s designed to maintain a steady value.

Use Cases: You can use PYUSD for everyday transactions, send it to friends, make payments to merchants, or even transfer it to other wallets or exchanges. It’s also useful for people involved in the crypto space who want a stable asset in between trading more volatile cryptocurrencies.

How to Use PayPal USD:

1. Buy and Hold: You can buy PYUSD within the PayPal app just like Bitcoin or other crypto.

2. Send and Receive: Easily send PYUSD to friends or merchants who accept it.

3. Withdraw: You can convert PYUSD back into USD and withdraw it to your PayPal balance or a linked bank account.

Why Use PYUSD?

Stable Value: Unlike other cryptocurrencies, its value doesn’t fluctuate, making it a safer option for holding or making transactions.

Instant Transfers: Since it's built on Ethereum, transfers can be fast and secure.

Integrated with PayPal: It’s seamlessly connected to your PayPal account, which makes it easy to use for millions of PayPal users.

It’s a great step for PayPal in bringing more people into the world of crypto without the volatility.

Buying bitcoins paypal

Buying Bitcoin with PayPal is simple and convenient. Here’s how you can do it:

1. Using PayPal Directly:

PayPal itself now allows you to buy Bitcoin directly through its platform. Here’s how:

Go to the Crypto Section: Find the "Crypto" tab.

Select Bitcoin: Choose Bitcoin (BTC) as the cryptocurrency you want to buy.

Enter Amount: Enter how much you want to spend.

Confirm the Purchase: Review the fees and details, then confirm your purchase.

2. Using a Peer-to-Peer Platform (Paxful or LocalBitcoins):

If you want more flexibility, you can use a peer-to-peer platform to buy Bitcoin with PayPal:

"Paxful" and "LocalBitcoins": These platforms allow you to buy Bitcoin from other people who are willing to accept PayPal as payment.

How it works: Sign up, find a seller who accepts PayPal, and agree on the terms. After payment, the Bitcoin will be transferred to your wallet.

3. Through an Exchange (eToro):

"eToro" allows users to buy Bitcoin and then withdraw funds to PayPal. While eToro offers a wide variety of crypto options, keep in mind that you’re trading through their platform and can withdraw in fiat currency (like USD) to PayPal.

Fees and Limits:

PayPal’s own service has transaction fees depending on how much you buy.

On P2P platforms, prices may vary depending on the seller and transaction method, and PayPal’s fees apply as well.

This method is ideal if you’re already familiar with PayPal and want a simple way to get into Bitcoin. Just be mindful of any fees, limits, and security practices!