Binance Whales Make Deposits of $50M and $8M - Are They Buying the Dip? - cyptoranking.com

2024-05-03

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In a new tweet, crypto analyst Ali tells traders to keep a watch on the Ethereum price, which is now hovering above a critical demand zone. Advantages of Centralized Cryptocurrency Exchanges Binance Whales Make Deposits of $50M and $8M - Are They Buying the Dip?Earlier this year, the European Commission released its Strategy for Sustainable and Circular Textiles, a new and innovative solution “to frame the future of Europe’s textiles and fashion industry with Digital Product Passports.” Digital product passports will be utilized as a tool to share details regarding the product’s environmental sustainability, including data on the product’s composition and environmental impact. By putting this measure in place, the industry will be able to better understand global sustainability goals and bolster clarity for consumers while advocating for environmentally conscious choices. This form of digital assets — while it’s not a traditional NFT — is where the future is headed. Mounting debt and out of control inflation.

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Source: Adobe / Rafael HenriqueAccording to an X post, a cryptocurrency mining pool, F2Pool, has returned the mistakenly transferred transaction fee of 19.8 BTC made by Paxos, a Financial infrastructure firm.It started on September 10, when a transaction fee of $510,000 was paid to a miner on block 807,057 for a transaction worth $2,000.This caused debate among the crypto community as a regular estimated fee of $2 was meant to be charged on such transactions. Initially, the crypto community suspected it was a well-experienced Bitcoin user, given a history of sending and receiving more than 120,000 transactions.Although, F2Pool co-founder Chun Wang said that users could claim overpaid fees within three days, or they would be redistributed to miners.On September 13, as people contemplated the likelihood of what happened, Paxos took responsibility for the error after claiming that their server made the transaction.The firm also assures its users that their funds are safe and that only the company's funds were affected by the mistake. A Paxos spokesperson confirmed that they were behind the fee blunder."Paxos overpaid the BTC network fee on September 10, 2023," the spokesperson said while adding:"This was due to a bug on a single transfer, and it has been fixed. Paxos is in contact with the miner to recoup the funds."Paxos's Funds Returned: Disagreement Over Timezone Sparked Debate on Bitcoin Transaction Fee RefundAs Paxos said in the statement, they have been in touch with Chun Wang, co-founder of F2Pool, the mining pool that mined the block containing the transaction.According to Wang, there was a disagreement with Paxos over the timezone used when counting the days from when he gave his promise."I was annoyed and regretted agreeing to refund that 20 BTC. Especially when I saw the person claiming it kept saying EST instead of EDT/UTC. Last time a Zcash guy did that, I blocked his entire company."On September 14, he went on X to express his frustration and ask the crypto community for their opinions on what to do through a poll. "So what should I do," the mining pool operator asked his followers on X.Further adding to Chun's dilemma was the heated discussion among the crypto community, each backed with solid reasons. However, the poll results supported that most people want Chun to distribute the funds among the miners as he has no obligation to return the funds.27% of the people also advised that it should be returned to Paxos, while others believed the fee should be frozen or shared equally between the miners and Paxos.The Blockchain data shared by the Bitcoin explorer Mempool shows that he devised the opinion shared by the crypto community as the explorer confirmed that the funds were sent to Paxos on September 15.Bitcoin miners receive fees when they confirm transactions on the blockchain. Users can adjust prices to prioritize certain transactions. Should Paxos's fee not be refunded, it becomes the highest transaction fee ever recorded on the Bitcoin network.JPMorgan Report: Ethereum's Centralization Increased Post Merge and Shanghai Upgrades Then selecting 1 for the Nano text editor we’ve used in the previous step for the config file for the editing, go to the end of the file and type the following: Will investing $100 in Bitcoin make me a millionaire?Analysts in the United States have predicted that cryptocurrency tokens, such as XRP, may see renewed institutional and individual interest, Forbes reported. These predictions come in the wake of the U.S. dollar collapse. The project would also later reveal that its site suffered from a distributed denial of service (DDoS) attack.

A new proposal that allows arbitrary computation to be verified and enforced on the Bitcoin network without requiring a soft fork is doing the rounds on crypto social media. Proponents claim that BitVM would bring Ethereum-like smart contracts to the ecosystem. With NFTs getting more popular with each passing day and more applications coming in, it can get extremely confusing to choose one among them to invest in. Here are the three best NFTs of this year that you can consider investing in. How to Buy Bitcoin with PayPal in the UK 2023The same media outlet quoted Alipay data as showing that “since the start of the Asian Games, the average number of daily payments made by inbound tourists on Alipay increased by 69%.” Under the concept, the system tracks crypto asset flows between different locations using Bitcoin network transactions linked to crypto exchanges and their geographical locations as a proxy for cross-border capital movement.

Incorporating NFTs into gaming has brought about a new level of ownership for gamers. Unlike traditional in-game assets, NFTs can be owned, traded, or sold outside the game’s ecosystem. This means gamers can profit from their in-game achievements, making gaming more than just a pastime. The rising US debt has been a concern for quite a while. On September 19, the national debt crossed the $33 trillion mark for the first time ever. Buy and Sell Cryptocurrency in Turkey InstantlyBitcoin is a peer-to-peer electronic cash system, the first digital currency to function independently of any central authority, with its genesis block, mined by Satoshi Nakamoto in January 2009. But if the Ethereum price can scale that resistance sell-wall, it could edge closer to $2,000.

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