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2024-05-01

Popular crypto exchanges(2023 Update) 2024-05-01
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Last week, real-world asset project Backed issued a tokenized security product on Base which tracks a short-term iShares U.S. treasury bond ETF.9 factors to consider when choosing a blockchain consensus mechanism Kennedy has been a supporter of crypto, and he stated that one of the goals of his administration would be “making America the global hub of cryptocurrency, particularly Bitcoin.” He revealed plans in July to back the USD with “hard currency,” such as gold, silver, platinum and Bitcoin (BTC). Quidax: Buy Bitcoin, Ethereum and other cryptocurrencies in ...The duo built on the NeoVM for the hackathon. The team found Neo’s accessibility among the most attractive factors for building on the chain. Chen said, “The extensive documentation was easy to get started with, which surprised me the most as a new developer to the Neo ecosystem. And the user-friendly interface is the cleanest one I have ever seen.” FTX Attacker Shifts to Another Network

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The goals and objectives of Polygon still continue as they keep creating different projects. According to Polygon, they will announce the Polygon Miden, an upcoming STARK-based, EVM-compatible rollup, which will be done before the end of 2022. The Netherlands has demonstrated that it is possible to strike a balance between embracing cryptocurrency and maintaining robust regulatory oversight. The Dutch regulatory body, De Nederlandsche Bank (DNB), has played a crucial role in fostering this environment. It has actively engaged with the crypto industry, seeking input and feedback from stakeholders to create a regulatory framework that meets the needs of both businesses and consumers.Old money doesn’t ruin the cypherpunk dream Best Crypto Exchanges for Beginners in 2023As you can see in the structure of the DOTCOM cycle, the first 3 4-year cycles are very similar, a long bull market followed by a short but sometimes shallow bear market or correction. It's only that the last 4-year cycle is different, the tables are flipped upside down. It starts with an acceleration in the price which doesn’t last that long and is followed by a multi-year long bear market. Could Bitcoin do something similar, disappointing the ones who expect a regular 4-year cycle and surprise the majority with a multi-year-long bear market? Another two suspected thieves were already in custody, having been charged with bank robbery-related offenses.

Synthesis empowers creators of all backgrounds, offering education, cutting-edge tools, and innovative models to harness the potential of web3, AI, and XR. Their vision is to connect artists, creators, and technology, transforming the digital landscape.We're excited to announce, a strategic alliance between Synthesis and ANSG, a renowned name in Web3 marketing, we have found ourselves another disrupter in the space. This collaboration marks a commitment to expand the horizons of what digital assets can achieve, transitioning beyond mere speculation to a world of tangible value creation and diversified market penetration.At Synthesis, we aim to foster connections between early adopters, brands, artists, and those venturing into Web3 tech. Blending the strengths of blockchain protocols, mixed reality, and AI. We aspire to be the fulcrum of creation, commerce, and community in this new, digital space.With our approach, ANSG will be able to further broaden their marketing palette, offering clients unique and frictionless digital capabilities. Aki Ali, Chief Marketing Officer at the agency says, “We can see Web3 tech is being redefined, Synthesis, a disruptive and industry-recognised team are transforming the space with their innovative approach, this has excited a number of significant brands we align with, so much so I am delighted to also join the advisory board and become fully emersed with this talented team, really excited in what we can achieve together.”Piotr Borowiec, author of ‘Bitcoin Explained’ and project visionary explains, “While ANSG has been a formidable name in Blockchain and Web3 Consultancy, recognised for over $820m in funds raised, our partnership signifies their intention to embrace a broader spectrum of digital assets. ANSG’s reach and market knowledge combined with our innovation means that Synthesis is set to penetrate markets we previously only dreamed of.”Synthesis's artistic direction, steered by luminaries like Katarzyna Konieczka and Wojtek Magierski, together with our frictionless access technology will get a global stage through ANSG's vast network. This blend of art, technology, and marketing prowess is poised to set new standards in the digital assets domain.Join us on this exciting journey. With ANSG by our side, we're prepared to tackle new challenges and reach unparalleled heights in the digital creator’s economy. Keep an eye out for what's coming next, stay connected! Press EnquiriesName | David FergussonEmail | [email protected]KuCoin Faces $116M Crypto Outflow Challenge; Polygon and InQubeta Presale Leave VCs in Awe Ripple CTO seeks community consensus for XRPL AMM feature adoption Liquid.com: Buy, Sell & Trade CryptocurrenciesXRP (XRP) price is up today following news that Federal District Judge Analisa Torres of the Southern District of New York ruled against the United States Securities and Exchange Commission’s contention that XRP is a security. XRP immediately reached $0.55, but subsequently gave away part of the gains on Oct. 4.XRP token 4-hour index price, USD. Source: TradingViewRipple’s favorable court decision spurred mixed opinions from expertsIn an Oct. 3 court order, Judge Torres claimed that the matter did not require an order that “involved a controlling question of law,” which is an essential condition for approving an interlocutory appeal. This decision sparked a debate among crypto law experts in the community.Bill Hughes, a lawyer at blockchain firm ConsenSys, told Cointelegraph that the rejection of the SEC’s appeal was generally expected, given that appeals of this nature are not usual during this part of a trial. Similarly, Gabriel Shapiro, general counsel at Delphi Labs, warned XRP bulls to temper their enthusiasm, as the SEC could still appeal the case later. The regulator would need to wait until after the trial’s conclusion, which is scheduled to begin on April 23, 2024.Ripple gets approval for a Singapore digital payments licenseIn an Oct. 4 statement, Ripple announced that its local entity, Ripple Markets Asia Pacific, was granted a Major Payment Institution license for digital payment token services in Singapore. This decision will allow the company to continue operations in the city-state after receiving in-principle approval from the Monetary Authority of Singapore in June.According to Ripple, the license allows its subsidiary to further scale its On-Demand Liquidity service offering, an enterprise solution that uses XRP as a bridge between two currencies. This eliminates the need for prefunding of destination accounts and reduces operational costs.Ripple picked as a contender for Georgia’s CBDC pilotOn Sept. 28, the National Bank of Georgia (NBG) announced that nine companies, including Ripple, would take part in the research of its central bank digital currency (CBDC). Known as the digital lari, or GEL, the project aims to be programmable and support asset tokenization.The Eastern European country, with a population of 3.7 million, intends to launch a limited-access live pilot environment, where only one of the participating companies will be selected to move forward. The NBG announced that it was considering issuing a CBDC in May 2021, without providing a timeline for it.There was modest impact on XRP derivatives demandThe demand for XRP futures did not present meaningful changes, with the open interest — which measures the aggregate notional of contracts still in play — increasing by 13% versus the previous day. Furthermore, the current $590 million open interest falls short of the $794 million from one month prior.XRP futures open-interest weighted funding rate, 8-hour. Source: CoinglassNotice that the XRP futures funding rate has consistently stayed below 0.01% every eight hours, which is equivalent to 0.20% per week. Positive values indicate that long positions are covering the cost of leverage, but a funding rate below 1% per week is generally not considered expensive.Considering the inability to surpass the $0.54 mark, which would have been the highest level in six weeks, and the lack of demand for leverage through futures contracts, it’s reasonable to doubt whether the recent positive news flow has convinced investors that XRP is about to enter a bull run.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. Charity Donations

Where there is money, there are also scams — the same can be said for cryptocurrency. From fake social media crypto giveaways and phishing scams to Ponzi and Bitcoin investment schemes, it is sometimes astonishing how crypto felons come up with such ideas. Source: Adobe / prima91Coinbase is launching its Ethereum (ETH) layer-2 scaling solution Base, which could help reverse the company's streak of six consecutive quarters of losses.The new platform aims to enable developers to build their own crypto applications, expanding Coinbase's revenue streams beyond its core trading business. Base will function as a blockchain that allows investors to send money, trade on decentralized exchanges, borrow and lend cryptocurrencies, and even create non-fungible tokens.Alesia Haas, Coinbase's chief financial officer, said in a recent interview that the exchange will earn fees from every transaction made on the network if developers build popular applications. However, Haas acknowledges that it may take several years before Base generates substantial revenue for Coinbase. This launch comes on the heels of Coinbase reporting six consecutive quarters of losses, which were mainly attributed to lower trading volumes and a 20% decrease in the platform's active users in the last quarter.Traditionally, Coinbase has relied on fees from customer trades as its primary revenue source. However, for the first time in its history, non-trading revenue surpassed trading revenue last quarter, indicating a shift in Coinbase's business model. Base, a layer-two blockchain built on top of Ethereum, aims to improve transaction costs and speed. It achieves this by batching and compressing a large number of transactions before publishing them to the Ethereum blockchain.“On Ethereum, everyone’s driving in a single car, that’s really expensive because everyone has to pay for their own car,” said Jesse Pollak, who leads Coinbase’s efforts on the blockchain. “With Base, we have public transportation, so now you could fit hundreds of people into a single train.”Investors Rush to Send Millions to Base Ahead of LaunchInvestors have already sent over $130 million worth of cryptocurrencies from Ethereum to Base in anticipation of its launch.As reported, earlier this month, the blockchain witnessed more than $200 million in trading volumes and more transactions than established networks like Arbitrum in a matter of two days. Despite not being open to the public yet, traders have flocked to the blockchain in the hopes of racking in lucrative returns, particularly from meme coins. While Base holds promise, Coinbase faces reputational risks due to its open and "permissionless" nature, meaning anyone can participate anonymously on the blockchain.Just recently, Base experienced a scam involving a meme coin, BALD token, resulting in significant losses for investors. In response, Coinbase said it plans to introduce more tools to help users assess the trustworthiness of products on the Base platform without compromising its open and permissionless nature.Coinbase's Base launch also occurs amidst heavy regulatory scrutiny. In June, the Securities and Exchange Commission (SEC) sued Coinbase for allegedly violating exchange registration rules. As Coinbase plays a central role in creating Base, regulators could potentially hold the company accountable for any illicit activities occurring on the blockchain, according to Omid Malekan, an adjunct professor at Columbia Business School.“A regulator who wants to make that argument can make that argument,” he said. “However, I do think that’s also a very shortsighted way for any regulator to treat this situation.”Abracadabra's Bold Move: 200% Interest Proposed on $18 Million Loan to Curve Founder Amidst Bad Debt Concerns Two Japanese Cryptocurrency Exchanges to Shut down Amid Coincheck Hack Fallout: ReportBitstamp Exchange has announced resumption of XRP trading after it revealed earlier that it suffered a temporary issue with the trading of the coin. Earlier this year, the city of Changshu, in Jiangsu Province, said that “all public officials and employees of state-owned enterprises” would be paid in digital yuan starting in May 2023.Exclusive: Reserve Bank of Australia’s Approach Towards Issuing eAUD is “Multifaceted,” Says Canvas Head David Lavecky


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