Forward Contracts: The Foundation of All Derivatives - cyptoranking.com

2024-05-04

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"The underperformance appears to be related to the fact that bitcoin developer Robin Linus published a research paper that suggests that 'any computable function can be verified on bitcoin'." Why US politicians don't act and restore FTX exchange ?Now we have unequivocal confirmation that restarting the FTX exchange is an imperative matter of national security.@VP@POTUS@JusticeOIG@SECGov@GaryGensler @SenWarren @CFTC https://t.co/KbZHdiiLAo Forward Contracts: The Foundation of All DerivativesBase network’s significant surge in TVL has seen it outpacing zkSync Era’s $435 million TVL. The former maintained uptrends following USD Coin issuance on the platform on 4 October, leading to a notable 470.55% surge to 159 million stablecoins. Related: Bitcoin drives digital asset product inflows for the first time in 6 weeks: Report

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Sebastian Motelay, research analyst at Token Terminal, posted on X (formerly Twitter) about the matter. According to Motelay, Lido remains the dominant project out of all the liquid staking protocols, with an 84.4% market share. 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 What person owns the most Ethereum?"DAOs are also not best suited for operational scaling and they can often become a bottle neck as the protocol grows," the white paper notes. "What we will present is in line with the vision that DeFi should be organized into layers around trustless and open protocols like the Internet." “This would not only cement crypto’s legitimacy but bring an unprecedented flow of liquidity into the digital asset sector,” Kiely said of traditional finance players launching spot bitcoin ETFs. “As the industry matures and aligns itself more closely with mainstream finance, it’s evident these developments could entirely reshape the crypto landscape.”Bitcoin is ‘on sale,’ Yusko says, but customers are running out of the store

General Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.Ethereum's bull run at risk? Inside ETH whales' $8 billion sell-off Interestingly, there is a pattern observed on Ethereum Foundation's sales. It often liquidates Ethereum just before significant sell-offs occur. While it is speculative to draw conclusions, the timing of its sales in relation to market movements has not gone unnoticed by keen market observers.Ether-Bitcoin Ratio Drops to 15-Month Low as ETFs Fail to Uplift Sentiment Debt Capital Markets in MexicoWhile hackers continue to refine their techniques, experts advise all Friend.tech users to be vigilant about enabling extra login protections and not trusting unsolicited requests to share verification codes. DLT Types

SubQuery Offers Comprehensive Indexing Solutions for zkSync Era Emergence of blockchain web hosting Definition of crypto miningWhile the fate and timeline around US spot bitcoin ETFs remains opaque, the Securities and Exchange Commission appears to have given its blessing to ether futures funds. Welcome to Pirate Nation, an on-chain RPG by @ProofOfPlay, built at the intersection of casual gaming, web3 technology, and shared ownership & incentives.

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