Fake crypto exchange operators arrested for duping victims out of W1.7b - cyptoranking.com

2024-04-20

Popular crypto exchanges(2023 Update) 2024-04-20
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Beyond growth in mining power, Thiel also cited decreased curtailment as a reason why production has improved to 1,242 bitcoin last month — a 16% jump from August. He explained that new chains “can suffer from a cold start problem,” but thankfully for Base, Friend.tech helped onboard a lot of users and funds. “Users need developers to make good apps, and developers need users to want to launch apps,” Goel said, adding, "it's very good for Base that Friend.tech chose it for launch.” Fake crypto exchange operators arrested for duping victims out of W1.7bSolana Ethereum Market Cap Solana ranks #9 with a market cap of $10 billion. Although Ethereum has long lived, Solana has rocketed into the top 10 largest cryptocurrencies in its short existenceBased on the market cap, Ethereum has the upper hand as it has existed ever since 2015. According to CoinMarketCap, Ethereum ranks #2, with a live market cap of $185 billion.Technology Solana doesn’t have the same scalability issues as Ethereum since Solana users aren’t competing for block space to process transactions. Their average fee per transaction is typically a small fraction of a penny.Ethereum used a proof-of-work mechanism, which was criticized for slow speeds and the amount of energy used by miners to validate transactions. But Ethereum moved to a proof-of-stake system to address these issues. Prior to the Merge, around 13,000 Ether were issued per day. However, after the Merge, that figure falls to around 1,600 Ether per day. The average price per transaction was a little less than $1, but historically it has been as high as $70. After the Merge in 2022, Ethereum projects were predicted to be able to process over 100,000 transactions per second, which should allow for enough capacity to keep fees relatively low. Why do I love these markets right now when yields are screaming higher? Bank models have no concept of a bear steepener occurring. Take a look at the top right quadrant of historical interest rate regimes.It's basically empty. pic.twitter.com/P6MQnCU73N

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VanEck, ProShares and Bitwise have submitted updated prospectuses over the last 24 hours for their own ETFs that invest in ether futures contracts — with expense ratios ranging from 66 basis points to 95 basis points. Bloomberg Intelligence analysts said they expect these funds could go live as soon as Monday. Star Atlas Unlocks Tools to Help Game Devs Build on Solana Maximizing Privacy: The Top 5 Crypto Exchanges with No ...Games like Axie Infinity rewards users with in-game cryptocurrencies acquired by completing tasks.Players can earn or trade in-game NFTs. Depending on the game, these NFTs can be for cosmetic reasons or other purposes in-game. Aside from Fortnite, which boasts some 400 million registered users, Epic Games also runs the Unreal Engine. The video game development suite powers titles like God of War and PlayerUnknown’s Battlegrounds.

vitalik.eth(@VitalikButerin) related address transferred 1K $ETH ($1.64M) out again, which may be deposited into #Bitstamp.This address has deposited a total of 4.4K $ETH ($7.23M) to #Bitstamp in the past 2 months.https://t.co/LRrcqoxUhf pic.twitter.com/oO0rEAD6pd— Lookonchain (@lookonchain) October 7, 2023 DappRadar is a versatile platform designed to facilitate user exploration of the expansive array of applications within the Web3 industry. This invaluable tool meticulously indexes more than 14,000 dApps and over 33,000 NFT collections across 54 blockchain networks. Users can seamlessly navigate through applications spanning diverse categories, including gaming, NFTs, and DeFi, while also gaining access to crucial metrics such as unique active wallets, transaction data, and more. What is Dogecoin?Rise in Chinese Banks Issuing Digital Yuan Corporate Loans And due to the broader gaming community’s disdain for blockchain tech, he doesn’t believe it makes a whole lot of fiscal sense for game producers to pursue Web3 possibilities.

As for achieving the milestone, Axie Infinity believes the platform is growing by 1% daily. Moving forward, Axie Infinity is working to launch the Lunalog Catalog. While a lot of details have not been made public, it has been assured to the community that the Lunalog Catalog will be a major upgrade to the present layout of App.Axie. More pieces of information about the Lunalog Catalog are expected to be made public soon. Ethereum co-founder also transferred 1,000 ETH to Bitstamp a few days ago. What is the best Bitcoin exchange?Image Source: UnsplashItalian luxury watch manufacturer Panerai has revealed plans to include an NFT-based "digital passport" with every watch sold after October 3. The Panerai digital passport will serve as a record containing detailed information about each timepiece, establishing its digital identity and providing proof of authenticity at the time of purchase.To implement this blockchain-powered digital passport, Panerai has partnered with Arianee, a Web3 solutions provider. The luxury brand will showcase this initiative at the upcoming Watches and Wonders fair in Shanghai.The transferable nature of the passport allows it to be passed on to subsequent owners, documenting the watch's technical specifications and its journey throughout its lifespan. Panerai's NFT Passport Extends International Limited Warranty Panerai's NFT passport offers an additional advantage to holders by extending the international limited warranty of their watch for up to eight years, incentivizing registration. The company, with its 163-year heritage, anticipates that this functionality will open doors to "further value-added services and advantages."Panerai initially integrated Arianee's technology in March 2022 for a limited edition of its Radiomir Eilean Experience watch. This exclusive release included a one-of-a-kind NFT artwork and featured evolving content, with the digital passport playing a role in the artistic and experiential aspect of the offering. At that time, Panerai expressed its intention to expand the digital passport functionality to all its watches. Now, with the broader rollout, the focus is on the utility and enhanced customer experience, aligning with the luxury industry's current Web3 outlook.“Committed to elevating the client experience, we continually adapt and innovate to align with the changing times,” Panerai CEO Jean Marc Pontroué, said in a statement. “We firmly believe that digital identities are poised to transform possession of valuable assets, enabling our clients to trace the lifecycle of their watches, prove authenticity, and benefit from bespoke services tailored to each timepiece.”Watch owners can claim their digital passports either at the time of purchase from Panerai boutiques or by scanning a QR code on the warranty card. Arianee has established strong ties with the luxury watch industry, having collaborated with watchmaker Breitling on digital IDs as early as 2020. The company also works with renowned brands such as L'Oreal, Moncler, Lacoste, and the Richemont Group as a whole.Luxury Brands Adopt NFTs to Fight CounterfeitingPanerai's new feature comes as luxury brands are increasingly turning to NFTs to ensure the legitimacy of products. As reported, Prada Group, the parent company of Miu Miu, in cooperation with the Aura Blockchain Consortium, has launched blockchain services that allow customers to verify the authenticity of their purchased products.The Aura Consortium's blockchain technology enables customers to verify products by accessing a digital certificate of authenticity. Customers can tap their smartphones on items like Maison Margiela Tabi shoes, which contain embedded NFC chips. The chip then directs the phone to a website where the company provides an authenticity certificate, along with information about the product's origin. Animoca Brands Secures $20M Funding to Drive Ambitious Mocaverse Metaverse Project – NFT's Making a Comeback? The play-to-earn blockchain game, Axie Infinity, experienced a notable decrease in its average monthly users since January 2022. At that time, Axie Infinity attracted an average of 2.78 million monthly users. By June 2022, this number fell to 958,044.

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