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2024-05-02

Popular crypto exchanges(2023 Update) 2024-05-02
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Though Friend.tech’s weekly chat retention outpaces traditional social networking platforms, the average weekly trading retention has declined from 22% to a mere 5% over the course of time. According to the researcher, users should spend money “to test out a chat, subject to 10% tax on entry, and another 10% if the chat doesn’t work out”. Attributing the platform’s decline in trading retention to the minimal online business discussions and interpretations, Zach commented, “This could be a result of FT [Friend.tech] not being well suited for passive content consumption”. US Inflation Posts Biggest Monthly Increase in 2023 as CPI Rises 0.6% Crypto & Digital Currencies - Mastercard Data & ServicesThe NYSE Arca filing also comes as various fund groups — including VanEck, ProShares and Bitwise — said Monday they were set to launch the first ETFs investing in ether futures contracts. Notably, while many parallels might be drawn between 2019 and 2023, such updates as The Merge means that Ethereum’s journey this year might still hold a few surprises.

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Source: AdobeStock / AscannioGet your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________NFT newsThe Avant Arte marketplace announced that it is collaborating with Yuga Labs to bring all 10,000 CryptoPunks into the physical realm for the first time with two time-limited print editions, made by Avant Arte’s printmakers Make-Ready. The first, Punk On-Chain, will be available to all Punk holders and will enable them to commission a unique 1-1 physical print of their Punk(s) for €500 ($530). The second, 10,000 On-Chain, will be available for €600 ($630) to Punk holders and fans alike, offering everyone the opportunity to own their own Punk artwork, it said. Both works will be available only for 48 hours on October 26. DeFi newsVitaDAO, the Pfizer-backed decentralized autonomous organization focused on advancing longevity research, launched its biotech firm, Matrix Bio. 99.9% of the community participating in the vote in late March had approved a collaboration with the University of Rochester’s Aging Research Center co-chair, Dr. Vera Gorbunova. Per the project description, the experiments will be conducted on long-lived animals. The Budget includes financing of up to $300,000 provided by VitaDAO, with up to $200,000 allocated to high throughput screen (HTS) and exploratory medicinal chemistry with a 3rd party CRO or academic ‘fee for service’ facility, and up to $100,000 allocated to the Gorbunova lab for hit compound experiments.Payment newsHong Kong’s trials of e-HKD digital currency showed potential uses in payment, deposit, and investment scenarios, but relevant players need more experience before a launch date can be considered, Eddie Yue Wai-man, CEO of the Hong Kong Monetary Authority, the city’s de facto central bank, said in an interview with the South China Morning Post. "There are some interesting use cases of e-HKD in the areas like programmable payments, and in new areas like tokenised deposits and tokenised assets," the CEO said, but adding that "it is still the beginning of the trial process. We have to find a use case that is better than the current retail payments. Because if you are not either safer, faster, or more convenient, then it will not be doable."Crypto payments infrastructure provider MoonPay announced the launch of Swaps in the MoonPay App. Key features of this new functionality include low gas fees, cross-chain swaps, more than 1,500 trading pairs (number may vary by jurisdiction), all wallets in one place, and competitive exchange rates, the announcement claims. Swaps is available globally, in most regions where MoonPay is generally available, it said. The MoonPay App initially launched in May 2023. Exchange newsBinance's market share declined for the seventh consecutive month in September, according to CCData's monthly Exchange Review. Spot trading volumes on the exchange fell 36.8% to $115 billion in September, recording the lowest monthly spot volumes since October 2020. This reduction also marked the third consecutive decline in volumes since June 2023, leading Binance's market share among spot trading exchanges to stand at 34.3%, its lowest since June 2022, said the report. It added that the combined spot and derivatives trading volume on centralized exchanges fell for the third consecutive month, dropping 20.3% to $1.67tn. Also, "the lack of volatility, combined with the seasonality effects that have historically been seen in Q3, has led to centralised exchanges recording the lowest combined quarterly volumes since Q4 2020."Mining newsBitcoin (BTC) and crypto-mining monolith Bitmain reportedly paid September wages to its employees after payments were delayed and deducted because of cash flow issues, according to a report by the local media outlet Odaily. "On the afternoon of October 7, Bitmain has repaid September wages, and stated that it only did not pay the performance salary of some people. It has also been repaid, and the basic salary has been released normally on September 30," crypto reporter Colin Wu tweeted. NFT-Funded Film, Backed by A-list Director Soderbergh, Seals Historic Global Sales Agreement – Crypto Adoption on the Rise? Gold Price Chart 7 Days. Source: GoldPrice 'Basically a Savior': Why Crypto Is So Popular in TurkeyDe Vries—who also tracks the energy consumption of cryptocurrency mining—says the training phase of AI models is the most energy intensive. This is when the program is fed large datasets, before it even answers a single prompt. But de Vries argues that the inference phase, when the AI is tested against real-world data, is not given as much attention by environmental groups when it may significantly contribute to the life-cycle cost of an AI model. One game that may be behind the surge in NFT sales is Nitro Nation World Tour, a Web3 mobile street racing game that officially launched in October. The game is backed by popular DJ Deadmau5.

Due to Zhu Su’s lack of cooperation with the liquidation investigation, a Singapore court issued a detention order against him, sentencing him to four months in jail. A similar order was issued against Kyle Davies. The liquidators are in contact with law enforcement agencies worldwide to locate Davies. Incoming players will be able to create a Pirate for free to access the full game. Crypto and Clearances: An Updated Legal PerspectiveThe planned database is meant to aid law enforcement agencies, including the income tax department and Central Bureau of Investigation, in gathering crucial information about crypto asset transactions, the Economic Times reported on Tuesday. Users are given the option to withdraw their assets from the specified liquidity pools before 17-10-2023 07:00.

This possibility is particularly apparent when considering Bitcoin’s long-term performance against the S&P 500. Indeed, the clear signal confirming the bull market’s start in February 2023 appears intact. Highly Dependent: Since BSC is a hard fork of the GoEthereum (Geth) protocol, it shares similarities with Ethereum. Binance is unable to develop anything that is not present on the Ethereum network. OKX Becomes One of the First Exchanges to List Ordi BRC-20 TokenStill, the bears could turn the tide if the price wobbles below $0.30. But as depicted above, another significant cluster of 5,530 addresses had bought 55.7 million tokens at the minimum price of $0.45. CBDC has been playing an essential role within central banks’ economies digitization worldwide, as some examples can be seen as the digital yuan and the digital euro, among other cases.

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