Lily Maymac 🌸🍒💋🌸 Bed hair #tbt wearing raunchy rosehip 💄 #LMMcollection@ 👉🏼lilymaymac.com 😋 Also wow for 2.9M 😳 so close to 3M!! 🎉 ✨
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Lily Maymac 🌸🍒💋🌸 Bed hair #tbt wearing raunchy rosehip 💄 #LMMcollection@ 👉🏼lilymaymac.com 😋 Also wow for 2.9M 😳 so close to 3M!! 🎉 ✨
Two Original Ethereum Wallets Activate, Transfer $2.9M in ETH!
Recent data from the Ethereum blockchain has revealed an intriguing development: a number of Genesis wallets, which have remained inactive since the network's inception, have begun moving substantial amounts of Ether (ETH). This unexpected activity raises questions about market impacts and the identities behind these wallets. Unveiling Genesis Wallet Activity Genesis wallets, the very first wallets created at the launch of the Ethereum blockchain, hold a peculiar mystique and historical significance within the cryptocurrency community. According to on-chain data, these wallets, which had been dormant since 2015, have suddenly transferred thousands of ETH, stirring both curiosity and speculation among investors and industry observers. The movement of such large amounts of Ethereum could have potential implications on the crypto market, considering the historic roots and substantial holdings of these wallets. Market Impact and Speculation The recent transactions have launched a wave of speculation regarding the potential catalysts and ramifications. Analysts suggest several theories about why these wallets have reactivated now, ranging from owners deciding to take profits, to strategic shifts in long-held investment strategies. Moreover, the timing of these trades coincides with significant market events, including fluctuating ETH prices and pivotal updates in blockchain technology. Financial experts are closely monitoring these movements, as they could signify broader trends or impending market shifts within the decentralized finance (DeFi) ecosystem. Potential Theories and Future Outlooks One theory about the sudden activity involves advancements in blockchain and Ethereum's shift to a proof-of-stake model with its Eth2 upgrade, possibly coaxing long-term holders to re-enter the market. Additionally, the growing interest in decentralized finance (DeFi) applications and non-fungible tokens (NFTs) on the Ethereum platform may offer new incentives for moving these funds. As Ethereum continues to evolve and expand its capabilities, the strategic movements of early adopters and large-scale holders will be critical to watch for insights into future market trends and technological adoption rates. In conclusion, the awakening of Genesis wallets is a notable event that underscores the dynamic and unpredictable nature of the cryptocurrency market. The decisions made by the holders of these foundational accounts could provide valuable clues to Ethereum's trajectory and broader crypto market movements. As the community and experts ponder the implications, the continued monitoring and analysis of such transactions will remain essential.
Perched High Above Topanga Canyon, a Woodsy Midcentury Seeks $2.9M
Location: 2233 Topanga Skyline Drive, Topanga, California Price: $2,895,000 Year Built: 1948 Footprint: 2,000 square feet (three bedrooms, two baths) Lot Size: 0.16 acres From the Agent: “Located in the heart of Topanga, this stunning craftsman-style home is situated on a sprawling half-acre lot. The home seamlessly combines the warmth of redwood and the elegance of glass, welcoming you into the…
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NFT of Jack Dorsey’s first tweet, originally purchased for $2.9M, is worth less than $4 in today’s market
NFT of Jack Dorsey’s first tweet, originally purchased for $2.9M, is worth less than $4 in today’s market
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During the peak of the non-fungible token (NFT) market in 2021, crypto entrepreneur Sina Estavi made headlines when he purchased Twitter’s co-founder Jack Dorsey’s first tweet as an NFT for $2.9 million.
Source: OpenSea
At the time of his purchase, the Iranian investor tied the NFT’s value to its uniqueness and its association with a valuable company like Twitter.
Two years later, the value perception of the same NFT has significantly changed with the best offer currently standing at just $3.77, according to the latest data from OpenSea.
Source: OpenSea
While Estavi has been trying to resell the NFT since 2022, his efforts have been futile as he had listed the digital asset for $48 million. Estavi promised to donate half of his proceeds to charity at the time.
But the offer of a philanthropic gesture did not galvanize the community towards the NFT as the bids for the asset were as low as $280, while the highest amount offered then was $6,800. This greatly discouraged Estavi, who reportedly said he might never sell the NFT.
Estavi did not respond to CryptoSlate’s request for comment as of press time.
With the broader crypto market undergoing a record market downturn, the NFT sector has seen a further decline in activity and valuation since then, and bids for digital assets have drastically dropped. In fact, blue-chip NFT collections like Bored Apes and Crypto Punks have seen more than a 70% decrease in their floor price compared to their peak levels.
In the opinion of former SEC official John Reek Stark, a fractionalized link to a JPEG of a ‘bored ape’ with funny glasses and a colorful hat, or the NFT of a Tweet, regardless of the author, is neither a sound investment, a sensible means of commerce, nor a prudent pathway to financial success.
Former SEC enforcement official John Reek Stark described NFTs as a terrible investment that is essentially worthless.
“A fractionalized link to a JPEG of a “bored ape” with funny glasses and a colorful hat is not a sound investment, sensible means of commerce or prudent pathway to live out the financial dream — and neither is the NFT of a Tweet, no matter who the author is.”
The former SEC official is a vocal critic of crypto who frequently comments on the industry on his social media pages.
The post NFT of Jack Dorsey’s first tweet, originally purchased for $2.9M, is worth less than $4 in today’s market appeared first on CryptoSlate.
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NFT News
Franklin secures $2.9m for hybrid crypto-money payroll providers
Franklin secures $2.9m for hybrid crypto-money payroll providers
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Franklin, a corporation featuring tax-compliant hybrid crypto and cash payroll answers for enterprises, has lifted $2.9 million in a seed funding round led by gumi Cryptos Cash and CMT Digital.
Franklin presents hybrid crypto and cash payroll expert services compliant with tax laws for enterprises and startups. It has secured $2.9 million in seed funding. The funding round was led by gumi Cryptos Money (gCC) and CMT Electronic, with participation from buyers like Arca, Sfermion, Portage, and Synergis Cash.
This time past year Franklin was just an thought. Around the previous 12 months we have been setting up our product to empower companies in world-wide-web3 to work their organizations natively – fixing a single of the most elaborate economical functions – payroll.
Now we’re very pleased to share this milestone. pic.twitter.com/eF0wm4f3Bn
— Franklin 🪁 (@franklinpayroll) April 4, 2023
Catering to smaller and medium-sized businesses, Franklin’s payroll computer software permits businesses to spend their staff members using cryptocurrencies. In addition to the funding announcement, the firm revealed that its software now seamlessly integrates with QuickBooks.
Franklin’s system is available on the Ethereum and Polygon blockchains, with its first customers including crypto wallet companies Soul Wallet and Echooo, as nicely as Alto.
Founder and CEO Megan Knab explained that Franklin aims to provide a adaptable payroll alternative with a mixture of money and crypto solutions. The business addresses the administrative difficulties generally confronted by website3 native groups about tax kind generation, compliance, and accounting.
Franklin’s prospects generally use stablecoins for transactions and crypto payments for worker bonuses. The platform also presents batched transactions, multicurrency solutions, and automatic tax filings. Also, Franklin can procedure transactions in U.S. pounds inside two business days.
Its platform adheres to the various rules for paying personnel in crypto in the United States, thinking about the regulations on a point out-by-condition basis. Megan Knab, who has encounter as a crypto accountant and former VP of finance at website3 promoting company Serotonin, launched Franklin in the spring of 2023.
https://www.youtube.com/look at?v=8UdiuM6zn-w
Franklin is the second company to emerge from Serotonin’s merchandise studio, subsequent Mojito, an NFT commerce system that launched in 2021. Serotonin promises that Mojito has created in excess of $120 million in profits for purchasers like Sotheby’s, CAA, Rate Gallery, Lyrical Lemonade, and the Milwaukee Bucks.
Amanda Cassatt, Serotonin co-founder and CEO, described that quite a few Serotonin provider clients naturally changeover to Mojito or Franklin. Franklin’s pricing design remains undisclosed, but Knab assured that it is in line with present web2 payroll platforms like Gusto and Justworks.
Notable angel buyers in Franklin’s seed spherical include Sapphire Ventures’ VP Jason Brooke and Affiliate Iladro Sauls. The organization programs to prolong its expert services by introducing crypto-integrated retirement price savings accounts and wellness benefits, as perfectly as compatibility with other layer 2 blockchains.
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Ethereum News
Mutant App Planet Creator Arrested in NY for Alleged $2.9M NFT 'Fraud' -investingoo
Mutant App Planet Creator Arrested in NY for Alleged $2.9M NFT ‘Fraud’ -investingoo
The developer of the Mutant Ape Yacht Club knock-off collection – Mutant Ape Planet – has been arrested in New York and charged with defrauding investors of $2.9 million in a “rag pull scheme”. The arrest was made on January 4 at New York’s John F. At Kennedy International Airport, Homeland Security Agent Evan J. Happened with Arevalo. alleging that That French national “Aurélien Michel schemed…
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