SmartCash priceSMART

risk-on market = macro uptrend retail: burned/capitulated/planning to capitulate smart money: holding/accumulating industry fundamentals = ATH US president = king of volatility twitter reply sentiment = extremely emotional connect the dots... 🐂 (chart by @PizzinoMichael )

$TRX/USDT – Bull Run Alert 🚀 Current Price: $0.2338 24H High: $0.2455 | 24H Low: $0.2267 24H Change: -2.46% (Recovering from dip) Key Levels to Watch: Resistance: $0.2350 | $0.2400 | $0.2455 Support: $0.2300 | $0.2270 Trade Setup: 📌 Entry Zone: $0.2300 – $0.2340 🎯 Target 1: $0.2350 🎯 Target 2: $0.2400 🎯 Target 3: $0.2455+ (Breakout Potential) 🛑 Stop Loss: Below $0.2270 Market Insights: Strong bounce from $0.2267 lows, indicating support and potential trend reversal. If $0.2350 resistance is broken, momentum could push towards $0.2400+. Increasing volume suggests accumulation and renewed bullish momentum. Pro Tip: Wait for confirmation above $0.2350 before entering aggressively. Dips near $0.2300 could be ideal for accumulating positions. 📊 Trade smart, follow the trend, and secure profits! 🔥 #Oscars #LaCasaDeLosFamososCol #CRYPTO #LaCasaDeLosFamososCol2 #uzaksehir

Bybit requests return of 44.67 $ETH in swap fees from Paraswap DAO Ignas, co-founder of Pink Brains and a delegate of the Paraswap DAO, shared on X that Bybit, a crypto exchange recently hit by a $1.4 billion hack, has requested that the Paraswap DAO return 44.67 ETH in swap fees paid by the hacker. Ignas is conflicted about how to vote on this matter. He expressed concerns about the optics of the DAO profiting from a hack and the potential legal and regulatory implications of keeping the funds. While returning the ETH could avoid legal issues and show solidarity within the industry, particularly against sanctioned state actors, Ignas worries about the precedent it might set. Ignas highlighted that the DAO earned the fees legitimately through smart contracts, adhering to the "code is law" principle. He expressed concern that returning the funds now could set a problematic precedent for future DeFi incidents.

According to central bank governor Elvira Nabiullina, the Bank of Russia is delaying the release of the digital ruble, which was scheduled for this summer but will be delayed until an undetermined future date. “We continue to receive questions about delays in the widespread introduction of the digital ruble”, Nabiullina said. She explained that pilot testing has been successful, with 1,700 people, 15 banks, and 30 companies participating. However, she concedes that more consultation must occur with banks to find the best economic model to fit with customers before a rollout can occur. The Bank of Russia started this project because banks showed a keen interest in smart contracts, providing an apparent reason to make smart contracts a central component of the Central Bank Digital Currency project. Nabiullina announced the delay to the Association of Russian Banks (ASROS) and updated the attendees on the positive results achieved thus far with the pilot test. “Therefore, our intention”, said Nabiullina, “is to move to the mass introduction of the digital ruble a little later than originally planned, namely after we work out all the details in the pilot and consult with banks on the economic model, which is most attractive to their customers – for business, for people”. The digital ruble was designed to be a fully functioning Central Bank Digital Currency (CBDC), operating alongside cash and digital payments, providing reliable services without the need for interest or lending rates. The Banking Association estimated that a bank’s adoption of the digital currency would cost $1.1 million. The central bank will provide extra support for smaller banks, including free technical support. “For those components that are mandatory”, wrote Deputy Governor of the Bank of Russia, Zulfiya Kakhrumanova, “from the point of view of information security, we provide these solutions to banks free of charge. This software module for embedding is created and transferred to organizations, and in three different forms, so that banks can choose the most optimal one for their landscape”. “We provide free cryptographic information protection tools for subordinate certification centers deployed by banks, and this is also a significant cost aspect for banks”. The digital ruble further allows Russia to make international payments, relying less on Western infrastructure. It provides an alternative to the SWIFT payment system, allowing Russia and other countries to continue operating businesses regardless of Western sanctions. Given Russia’s high priority for SWIFT alternatives and BRICS business, one can only wonder why the digital ruble has been postponed. The proliferation of CBDCs would allow for bypassing the SWIFT international standard, displacing the dollar as an accepted medium of exchange. Currently, SWIFT is used to sanction entire states, having very little competition. The economic alliance of Brazil, Russia, India, China, and South Africa (BRICS), including Egypt, Iran, Indonesia, and Ethiopia, with additional right partner countries, has sought more reliable forms of payment that do not overly rely on American-dominated standards. BRICS has created a BRICS Pay Consortium, using QR codes to organise payments. The system is referred to as a decentralized automated organization (DAO). Although the system is not explicitly a blockchain, the consortium has been upfront about its intentions to explore blockchain solutions. Olga Goncharova, a financial consultant, claims that a digital central bank is not appropriate because digital currencies are programmable and have security concerns. She further says consumers may not prefer a digital currency, limiting its ability to roll out across Russia. Goncharova concedes that smart contracts could speed up loan processing and limit government spending, but she argues that these processes could be completed with traditional means.

MetaMask has issued a warning to users about deceptive token schemes falsely claiming affiliation with the platform, emphasizing that there is currently no official MetaMask token. MetaMask , the leading Web3 wallet provider, alerted its community on March 3 about fraudulent schemes promoting non-existent MetaMask tokens. The platform stressed that any claims suggesting the existence of a MetaMask token are false and potentially harmful. Please be aware that projects indicating trading, or pre-market trading, of a MetaMask token are unaffiliated with Consensys. There is currently no MetaMask token. These advertisements and promotions are for speculative platforms unrelated to Consensys and without our… This warning follows MetaMask’s February 28 announcement regarding a critical update that will introduce Bitcoin ( BTC) and Solana ( SOL) smart contract capabilities to its network. Scammers may be attempting to exploit this development. MetaMask has previously addressed similar threats. In March 2023, the platform debunked rumors of a MetaMask token airdrop , warning that such claims were not only false but also dangerous, as they created opportunities for scammers and phishing attacks. Scams involving fraudulent tokens have been on the rise, with malicious actors convincing users to invest in counterfeit assets that mimic reputable projects. These schemes often result in significant financial losses for unsuspecting investors. Notably, entrepreneur Mark Cuban reportedly lost nearly $870,000 after interacting with a compromised MetaMask wallet. Additionally, MetaMask users have been targeted by address poisoning attacks , where scammers manipulate transaction histories to trick users into sending funds to fraudulent addresses.