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🚀Is this the end of the hedge fund?📈
🚀Is this the end of the hedge fund?📈
Hey there, Geckos! Numerai has launched Numerai Signals which allows users to submit novel datasets that others may have overlooked. Those who can do so may walk away with a whopping $50 million in cryptocurrency. The AI-run open hedge fund is combining machine learning and crowdsourcing to try and beat the market by finding unknown data that predicts the market. With a multi-step master plan, Numerai is aiming to become the last hedge fund the world will ever need by giving young analysts the opportunity to compete with some of the greatest minds when it comes to designing hedge fund strategies. In today's news, Electrum has been hacked again, Asic Jungle launches a new mining hardware marketplace, and WLEO users dropped the price to 99% Read on! | | |
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| | | eToro gives you everything you need to trade the world's top crypto with ease. Trusted globally by over 13M, our user-friendly platform provides investors of all experience levels with a powerful suite of features and analytics — including a free virtual portfolio so you can practice trading before spending a single dollar. Level up your crypto game today. Download the app and get started. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. | | | It has been a crazy third quarter over here at CoinGecko! The DeFi space continues to heat up in the summer, continuously breaking records with new trends and innovations. Take a look at what we've had to say about yield farming, the NFT trend and so much more in our CoinGecko Q3 2020 Quarterly Cryptocurrency Report! Download the full report here! | | Hackers Take Advantage Hackers have been taking advantage of older versions of Electrum and have reportedly stolen $25 million in bitcoin (BTC). Users were tricked into updating the software in order to perform a transaction before being redirected to malware. After providing their one-time password, funds from their accounts were stolen and sent to the hacker's address. Electrum has been updated to address the issues but do be warned that older versions are still susceptible. DeCrypt | | Time To Go Shopping! Asic Jungle has launched the first-ever marketplace for cryptocurrency mining hardware! Still in its beta version, the platform will allow users to sell and buy second-hand mining equipment without any middlemen involved. While mining equipment does become less efficient with time, CEO Artem Bespaloff assures users that there is still plenty of demand in place for cheap or free energy sources. CoinTelegraph | | WLEO Users Unite A total of $42,000 was stolen after the wrapped LEO (WLEO) contract was hacked. The hacker stole Ethereum (ETH) from Uniswap's pool by minting WLEO to himself after a token-issuing contract was exploited. WLEO users quickly noticed false transactions and swiftly removed 50% of liquidity from the pool in an hour. Within a few hours, 75% of liquidity was removed, thus limiting the amount of returns the hacker can enjoy. The price of WLEO plummeted by 99% as a result. DeCrypt | | | Today, communities serve platforms. Tomorrow, platforms will serve communities. We're searching for tools and platforms that will serve creators as they look to bring and grow their communities on the open web. Seed Club Hackathon is a two-week hackathon for developers to build these tools for creators and their tokenized communities on Ethereum. Register now! |
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| | Application Programming Interface (API)It is a software that acts like an intermediary or a bridge that lets two applications talk to each other. It is the one that lets applications, data and devices interact. Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here | | | |
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