Oraichain and DoraHacks Join Forces to Advance AI + Blockchain Adoption

• ChainwireOraichain is partnering with DoraHacks to advance the adoption of its Layer 1 ecosystem for AI and Data Economy.
• Over the coming months, initiatives will be undertaken to support the next generation of AI + blockchain innovations.
• This partnership aims to foster innovations in blockchain and AI, leading to co-hosted hackathons and other initiatives.

Partnership between Oraichain and DoraHacks

Oraichain is partnering with DoraHacks to advance the adoption of its Layer 1 ecosystem for AI and Data Economy. DoraHacks is a global hacker movement and the world’s most active multi-chain Web3 developer incentive platform, boasting over 250,000 active users worldwide. Together, both teams aim to foster innovations in blockchain and AI through co-hosted hackathons as well as other initiatives such as leveraging DoraHacks’ resourceful community governance/funding toolkits.

Adoption of Oraichain’s Layer 1 Ecosystem

Oraichain’s IBC-enabled Layer 1 provides a complete infrastructure for an open data economy, providing tools for data scientists to structure data, train, test, and publish models to Oraichain’s AI Oracle while monetizing with maximum transparency and inclusivity. By advancing the adoption of this AI Layer 1 for the data economy through this partnership with DoraHacks, new projects can be supported on the network which will join 80+ major Web3 ecosystems currently using Dora infrastructures successfully fund their open-source communities.

Co-Hosted Hackathons

The core goal of this partnership is to promote Oraichain’s ecosystem, tech stack, and toolkits by leveraging DoraHacks‘ developer community and platform traffic from around the world. This includes virtual or in-person hackathon events as well as workshops or demo sessions aiming at creating a rich experience for all participants involved. In addition, both teams are looking at identifying synergies with other major ecosystems that can further expand Oraichain’s impact within the broader blockchain space. Planning for the first co-hosted hackathon is currently underway with details regarding date/time registration judges prize pool yet to be announced soon.

Objective of Partnership

The objective of this partnership between Oraichain and DoraHacks is ultimately aimed at fostering innovation in blockchain technology by creating an environment where developers can work towards building innovative applications powered by Artificial Intelligence (AI). By leveraging each other’s resources such as knowledge base or existing user base they are looking forward towards achieving their common goals while also democratizing access & opportunities within various fields related to technology & innovation within Blockchain space globally


This strategic partnership between two industry giants like ChainwireOraichian & Dorahack will give birth too many new opportunities not only within these two organizations but also globally among developers who will get access too more educational resources & funding options due too them joining forces & mutually agreeing upon certain objectives that they want too achieve together while also giving back too their respective communities in form off different rewards programs & grants

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“Crypto Regulation in Australia Delayed Until 2024: Treasury Documents Reveal”

• Crypto Regulation in Australia is expected to be delayed until 2024.
• Internal documents from the Australian Treasury Department show that consultation papers will be released in Q2 of 2023 and stakeholder roundtables on crypto licensing and custody in Q3.
• Despite the delay, Australians remain bullish about cryptocurrencies as 26% plan to buy them over the next 12 months.

Crypto Regulation Delayed In Australia

Internal documents from the Australian Treasury Department have revealed that cryptocurrency regulation in Australia may not be expected until 2024. The government is taking its time to gather a complete picture of the industry before taking action.

Consultation Papers To Be Released

The documents indicate that consultation papers in regards to cryptocurrency legislation are expected to be released by Q2 of 2023. Following this, stakeholder roundtables on crypto licensing and custody will take place in Q3 of that year, with submissions to cabinet not expected until later on in the year.

Frustration From Industry Players

The delays in implementing a licensing regime has caused much frustration for Australian crypto-related businesses and consumer groups. A brief from Treasurer Jim Chalmers states: “Treasury expects some stakeholders to be disappointed with the perceived delay in implementing a licensing regime”. It adds: “For example, consumer groups seeking immediate protection and businesses seeking regulatory legitimacy”.

Market Conditions Make Delay Justifiable

Despite the unhappiness from industry players, Treasury argues that due to recent market conditions with decreased demand for cryptocurrencies, it can afford more time for hashing out regulations: “Treasury considers these concerns are somewhat mitigated by the current market conditions resulting in less consumer demand for crypto assets; and the need to complete token mapping exercise to provide clarity on how any new licensing framework would operate”.

Australians Remain Bullish About Crypto

The lack of regulation has also led to problems with DIY pension funds where thousands of customers face millions worth of losses due to incorrect investments made into cryptocurrencies. Despite this, Australians remain bullish about digital assets as 26% plan on buying them within 12 months according to The Annual Australian Crypto Survey for 2022

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LiteFinance Introduces Margin Trading with Lowest Fees & High Leverage!

• LiteFinance has introduced margin trading, allowing users to experience high leverage for a range of digital assets.
• Transactions are executed immediately at the market price due to a vast network of counterparties built on ECN technologies.
• Leverage allows traders to use less of their own funds to open larger positions and take advantage of 1:50 leverage with minimal transaction fees.

LiteFinance Introduces Margin Trading

ChainwireCrypto brokerage platform LiteFinance has introduced margin trading, allowing users to experience high leverage for a range of digital assets. LiteFinance allows traders to experience all the thrills of playing the crypto market within a responsive and user-friendly framework.

Transactions Executed Immediately

Transactions are executed immediately at the market price due to a vast network of counterparties built on ECN technologies. Users can set a take profit and the position will close in profit automatically when the market reaches the specified price level. LiteFinance levies the lowest possible platform fees when trading cryptocurrencies and swaps are significantly lower than those set by crypto exchanges and other brokers.

Take Advantage Of 1:50 Leverage

Leverage allows traders to use less of their own funds to open larger positions. In this case, the potential profit will increase significantly relative to the funds deposited into the account. All transactions are securely protected because LiteFinance has many years of experience and a strong infrastructure that has been developed since 2005. Clients‘ digital assets are stored in separate cold crypto wallets and insured.

Wide Selection Of Digital Assets

The LiteFinance web platform has the widest selection of digital assets among brokers, with over 75 cryptocurrency pairs available. Traders can choose the most popular coins, such as Bitcoin and Ethereum, for short-term trading and make profits.

Secure And Responsive Platform

The ideal platform should be as accessible as possible, highly secure, and come equipped with a range of advanced trading tools With LiteFinance, traders can open sell positions (short trades) in a couple of clicks making it easier for them to plan long-term actions and achieve their trading goals while staying secure with minimal transaction fees

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Unlock Your Inner Superhero with Mutant Kongz & G.rilla Official NFTs!

• Mutant Kongz & G.rilla Official is a non-fungible tokens collection built on the Ethereum network.
• There are currently 3,291 owners of the collection and it has generated a total volume in 2,708.520 ETH since its launch.
• The value of the NFTs from the Mutant Kongz & G.rilla Official collection can depend on various factors like how it is developed and promoted by its creators and community.

What Is Mutant Kongz & G.rilla Official?

Mutant Kongz & G.rilla Official is a non-fungible tokens (NFT) collection built on the Ethereum network launched in 16 February 2022. 9,578 items of the Mutant Kongz & G.rilla Official can be viewed at OpenSea and has reached 3291 owners within 367 days since its release with an average price of 0.22 ETH (~$376.52 at the time of writing). Its market capitalization is 686.78 ETH with a floor price of 0.0712244 and 30-day trading volume kept at 31.90 ETH; WKLAY being its payment token for collections sales .

Why Are Some NFTs Expensive And Others Not?

NFTs are very new to the blockchain ecosystem so there’s no historical data or precedence that can assist in determining their value yet, but some projects have garnered legitimacy purely because they had first-mover advantage while others have been created out of greed to exploit market growth; these are usually valueless garbage NFTs. Projects that stem from creative space take into account various factors such as improvement based on issues plaguing NFT markets which make them more valuable than others as they understand their worth better in this space .

Is The Mutant Kongz & G.rilla Official Collection Over Or Underpriced?

It’s difficult to determine whether NFTs from the Mutant Kongz & G.rilla Official collection are overpriced or underpriced due to lack of historical data or precedence but further clarity will come once metaverses develop more actively; pricing also depends on how well it is developed and promoted by its creators/community .

What Is The Total Number Of Owners For The Collection?

The total number of owners for this particular collection has reached 3291 within 367 days since its release .

What Is The Payment Token For Collections Sales?

WKLAY is the payment token used for collections sales of Mutant Kongz & G

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Brave and Solana Partner Up – Access Top DApps on Browser!

• Brave Software has announced a partnership with the Solana blockchain platform, allowing users to access dApps through the browser.
• The partnership was announced on February 7, 2023 and will allow users to directly purchase, send and store Solana-supported tokens in its wallet.
• Millions worth of Solana have been transferred as part of a huge transaction between two unknown wallets.

Brave Software Partners with Solana Platform

Brave Software has recently announced that it is partnering with the Solana platform, allowing users to access top dApps on Solana directly on their browser. This partnership provides users with an optimized user experience for mobile devices and seamless browser-based connections to favorite programs on the network.

Benefits of Partnership

The Brave–Solana Partnership will enable users to purchase, send and store tokens supported by Solana in the Brave wallet. Users can also connect and interact with applications such as Magic Eden, Orca_so and Jupiter Exchange right from their browser app. Head of Partnerships at the Solana foundation Amelia Daly noted that this integration is important because it allows for a better user experience in crypto transactions since it is optimized for mobile devices.

Whale Migration

In addition to announcing its partnership with Brave software, Whale Alert reported that millions worth of SOL had been transferred between two unknown wallets as part of a large transaction. This could help boost the popularity of both Brave and the Solana ecosystem due to its potential investments from whales into both platforms.

Growth Of Web 3.0

The growth of Web 3.0 has seen an increased demand for browsers such as Brave which offer secure and private browsing experiences while also providing support for decentralized applications (dApps). By partnering with Brave software, developers are able to bring more innovative products onto the platform without compromising security or privacy standards set by both companies in order to ensure a safe experience for all users involved in these transactions.


The Brave-Solana Partnership looks set to be beneficial for both sides as it brings additional support for decentralized applications (dApps) onto the platform while also giving developers more freedom when creating new products or services using SOL tokens within their own projects. With millions worth of SOL being transferred between unknown wallets, it appears that there may also be some investment from whales into both platforms which could further increase their popularity amongst users looking for secure yet reliable ways to use cryptocurrencies online or via mobile devices securely.

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Litecoin Jumps 80%, Fueled By Increasing Adoption and Halving Ahead

• Litecoin (LTC) recently saw an impressive 80% rally after the first ten days of November 2022.
• The two major driving forces are its increasing adoption and halving process ahead in 2023.
• Generally, the halving event might positively impact the token’s price.

What is Litecoin?

Litecoin (LTC) is a cryptocurrency designed to facilitate low-cost payments between individuals and businesses. It is based on the Bitcoin network and has similar features such as faster transaction times and lower fees than traditional currencies. The cryptocurrency has grown significantly in recent months due to its increasing acceptance by merchants and large holders of the token adding money to it.

Reasons Behind Litecoin’s Bullish Trend

According to Santiment, a crypto analytics firm, the remarkable increase results from two key factors: increasing adoption and halving process ahead in 2023. As more people use it for everyday purchases, such as buying goods online or sending money to others, demand for Litecoin has grown significantly. Additionally, addresses holding the coin have added about 1.15 million tokens over the last seven months which has increased its total supply by 0.5%.

Halving Ahead – Will It Push The Price Further?

A halving is a mechanism used to reduce block reward for miners by half every four years which intends to keep cryptocurrency’s supply in check and maintain its price stability. When it occurs next year at block height 2,520,000 miners will receive only 6.25 LTC per block instead of 12.5 LTC reward currently received; reducing total Litecoin generated to about 84 million coins. Some analysts believe this event could cause further highs in the price of LTC given past performance of similar events on other cryptocurrencies like Bitcoin Cash (BCH).

Adoption Rate Growing

The growing acceptance of Litecoin by merchants due to low transaction costs and quick transaction times has allowed people all over the world to use it for everyday transactions making it easier for them than other forms of payment such as credit cards or bank transfers thereby increasing demand for it over time; leading to higher prices as seen recently with its 80% rally in early November 2022..

What Does This Mean For Investors?

It seems given current trends that investors can expect further increases for their investments into litecoins if they choose not to cash out now since more adoption, rising demand, large holder contributions all indicate higher prices later down the line when halving takes place again next year . However investors should always do their own research before investing any capital into any digital asset as there is no guarantee that this trend will continue indefinitely

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Bitcoin Price Rally: Bull Trap or New Bull Run?

• The Bitcoin price is up 40% YTD and has recaptured the $23,000 level, but investors are unsure of the sustainability of the rally.
• Glassnode examines whether the rally is a bull trap or if a new bull run is in the horizon.
• On-chain data suggests the current bear market is similar to the 2018-2019 bear market in terms of duration and investor behavior patterns.

Bitcoin, the world’s leading cryptocurrency, has seen an impressive rally of 40% year-to-date (YTD), pushing the price back up to the $23,000 level. Despite this significant increase, many investors are still uncertain about the sustainability of the recent price rally as ongoing concerns around DCG and Grayscale, as well as macroeconomic uncertainties, continue to loom. This has led to many investors looking to capitalize on the current prices and gain some liquidity, especially after the long and painful bear market in 2022.

In this regard, Glassnode, a renowned on-chain analysis firm, has released a report exploring whether Bitcoin’s current price spike is a bull trap or if indeed a new bull run is on the horizon. The report takes a look at two indicators, Investor Price and Delta Price, which have been used to measure price movements in the past. According to the report, Bitcoin prices stayed within the confines of the Investor-Delta price band for a similar amount of time (78 days) in both the 2018-2019 bear market and the current bear market. This suggests an equivalency in durational pain across the two bear markets.

In addition to the duration component of the bottoming phase, Glassnode also points to the compression of the investor delta price range, which indicates that investors have become more risk-averse and have chosen to take profits or exit positions when prices have gone up. This suggests that investors are more cautious with their Bitcoin holdings, indicating that the current rally may not be as strong as one would expect.

Overall, Glassnode’s report suggests that while Bitcoin’s recent bounce above the price it has last seen before the FTX collapse is encouraging, it is still too early to tell if the rally will be sustained or if it is a bull trap. With higher prices, investors may be motivated to exit positions and gain liquidity, while also staying cautious of the potential risks.

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Less Than 1% of the Population Owns Bitcoin – Why?

• Out of the 8 billion living on the planet, only 43 million people own Bitcoin.
• This amount is less than 1% of the population, despite the success of cryptocurrency.
• A possible cause of this is confusion between creating a cryptocurrency wallet and owning certain amounts of cryptocurrency.

The world of cryptocurrency has seen tremendous growth and success in recent years, yet only 43 million people on the planet own Bitcoin. Out of the 8 billion people living on the planet, this means that only 0.5% of the population holds ownership of Bitcoin, despite its success. So what is causing this low rate of ownership?

One possible reason is confusion over the concepts of ‘ownership’ and ‘creation’ when it comes to cryptocurrency. Before anyone can have access to any form of cryptocurrency online, a user must first create their own online wallet for the specific cryptocurrency they want to invest with. This is the same for Bitcoin, as specific blockchain wallets are created for BTC. Data from Blockchain.com shows that as of January 2022, a total of 85 million BTC wallets that were unique from each other were created and recorded.

However, unique ownership of the cryptocurrency itself (meaning that they have at least 1 or more BTC in their wallet) is only 43 million worldwide. This means that while there are many people who have created wallets in order to access Bitcoin and other cryptocurrencies, there are only a select few who are actually investing in them. This could be due to confusion between creating wallets and owning actual Bitcoin, or it could be due to other factors.

For example, some people may be put off by the perceived risk of cryptocurrency and the volatility of the market. Others may be skeptical of the technology and unsure about how it works. And there are those who may not be able to afford to invest in Bitcoin, either due to financial constraints or lack of knowledge.

Whatever the reason, it is clear that only a very small percentage of the global population currently owns Bitcoin. Despite its growing popularity and success, the majority of people are still not taking part in the cryptocurrency revolution. It remains to be seen whether this will change in the future, as it is likely that more people will become aware of the potential benefits of cryptocurrency and start to invest in it as a result.

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Bitcoin Struggles to Stay Above $17,000 After FOMC Minutes

• The recent Federal Open Market Committee (FOMC) minutes have caused Bitcoin to dip below the $16,900 mark.
• Bitcoin is currently consolidating above the $16,600 price mark.
• The technical outlook of the asset has reflected a fall in accumulation, but indicators are still positive about the Bitcoin price over the upcoming trading sessions.

The Bitcoin price has been struggling to stay above the $17,000 mark for multiple weeks now, and has recently dipped below the $16,900 mark. This downward move on the Bitcoin chart can be attributed to the recent Federal Open Market Committee (FOMC) minutes, which revealed that the Federal Reserve System will continue to maintain higher interest rates for the foreseeable future. This news has evidently sent ripples through the cryptocurrency market, causing participants to react negatively.

However, despite the recent dip in Bitcoin’s price, the asset is still holding steady above the $16,600 price mark. At the moment, Bitcoin is consolidating and major altcoins are following a similar price trajectory. Over the last 24 hours, BTC has slipped 0.6%. The current Bitcoin price is trading at a 76% discount from its all-time high of 2021. The market capitalization of Bitcoin has also decreased slightly, indicating that sellers outnumbered buyers at press time.

Analyzing the one-day chart of Bitcoin, it can be seen that the coin is currently trading at $16,700. The coin recently lost the $16,800 support level, however, this is only short-term as BTC will soon initiate recovery on the chart. The technical outlook of the asset has reflected a fall in accumulation, but indicators are still positive about the Bitcoin price over the upcoming trading sessions. This means that with a slight push from buyers, BTC could propel itself above the $16,800 support level.

Overall, the current market conditions suggest that the Bitcoin price is likely to make a recovery over the next trading sessions. It is important to note, however, that the cryptocurrency market is highly volatile and the prices can change drastically at any given time. Therefore, investors should remain cautious and only invest in Bitcoin after doing their own research and due diligence.

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BONK Price Plunges 50%, Investors Fleeing Crypto Amid Uncertain Future

• BONK, a meme coin on the Solana ecosystem, has seen its price rapidly decline, falling over 50% in the last 24 hours.
• The coin had seen massive gains in the 10-day period prior, recording a more than 4,000% return rate and reaching a market cap of over $200 million.
• With the downturn, BONK could be seeing the start of the end just like Shiba Inu had done in October 2021, making it wise to get out of the crypto.

BONK, a meme coin on the Solana ecosystem, has been the talk of the town since the start of the new year. The coin had risen from obscurity to the largest meme coin on the Solana ecosystem in less than two weeks, recording massive gains for investors during this time. However, the hype seems to have reached its peak and BONK has begun a dreaded downward correction.

In the last day, the price of BONK has rapidly declined, losing more than 50% of its value during this time. It hit its all-time high price of $0.0000049 on Thursday when the hype was at its peak but since then, has fallen to $0.000002. This was after recording a more than 4,000% return rate in a 10-day period and reaching a market cap of over $200 million.

The sell-offs have dragged the price of BONK back down, causing the price surge recorded in Solana over the last week to slow down significantly. BONK has recorded over 53% losses in the past day, while SOL has seen small gains of 0.17%.

With a downturn such as this, BONK could be seeing the start of the end just like Shiba Inu had done in October 2021. As such, it could be wise for investors to get out of the crypto and look for other more stable investments. Many investors have already begun selling off their tokens, leading to a further drop in the price.

The future of BONK remains uncertain at this point as it is a digital currency driven by purely social sentiment. It is possible that the coin will continue to decline or that it will once again experience a surge in value. It is important for investors to be aware of the risks and make sure to stay informed of the latest developments in the crypto space.

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