New hedging rules will make FX traders put up or shut up-every day - cyptoranking.com

2024-05-10

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Bitcoin Halving Narrative Strengthens, But More Pain Predicted First He noted that he would personally wait for a resolution of the ongoing conflict before jumping into risk assets again. New hedging rules will make FX traders put up or shut up-every dayIn a recent tweet, crypto educator CryptoBusy explained how a US government shutdown will push investors toward Bitcoin “as a hedge against economic uncertainty.” Crypto payment service provider Wirex announced the launch of a zero-knowledge proof (ZK-proof)-based noncustodial crypto debit card service called W-Pay on Oct. 3.Wirex’s new decentralized solution utilizes zero-knowledge technology and is built on Polygon’s Chain Development Kit (CDK), promising increased scalability and security. Polygon’s CDK has been built with ZK-proofs in focus, enabling companies and users to develop their own ZK-powered layer-2 rail.Wirex's CEO Pavel Matveev told Cointelegraph that their inclination towards a decentralized solution comes amid a growing preference for noncustodial wallets and said:"We adopted ZK proofs via Polygon ZK stack for enhanced security and efficiency, eliminating third-party risks. This aligns with the growing preference for non-custodial wallets and on-chain operations in the evolving digital landscape."ZK-proof-based scalability solutions have become popular in the crypto space as the ZK protocol allows one party to prove to another party that something is true without disclosing any details about the claim itself. Over time, Ethereum and the likes of Polygon have seen the most development around ZK-proofs.W-Pay offers a range of ground-breaking features that enable noncustodial wallets and decentralized applications (DApps) to issue crypto debit cards. The firm claimed the decentralized approach would eliminate third-party risks and ensure account owners retain sole control over their money.Some key features of W-Pay include swift and secure transactions through the integration of ZK technology, Ethereum Virtual Machine (EVM) compatibility and account abstraction, which is a feature that streamlines transaction processes by eliminating inherent complexities.Related: Are ZK-proofs the answer to Bitcoin’s Ordinal and BRC-20 problem?The ZK-proof-based decentralized solution enables card transactions up to a predetermined limit and supports the integration of DApps and noncustodial wallets with conventional payment rails. The firm said W-Pay will usher in a new era of on-chain card payment services.Wirex created the first payment card with crypto functionality in 2015, enabling users to interchangeably utilize digital and fiat money in daily transactions. Wirex claims to have a customer base of over six million and is a principal member of Visa and Mastercard.The recent ZK-proofs-based decentralized solution from Wirex comes amid difficulties with its card partner UAB PayrNet. Lithuania’s central bank revoked the license of UAB PayrNet in June, forcing the company to shutter its services in the European Economic Area.Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.Magazine: Here’s how Ethereum’s ZK-rollups can become interoperableSam Bankman-Fried inner circle to testify today

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Zuckerberg also touched on the growing calls for government regulation over AI, and said he sees both sides of the issue—though he leans toward a more competitive view. Read more: Zero-knowledge proof systems have room for improvement, say cryptography researchers Buy Bitcoin, Litecoin & other crypto with bank accountBut Lido’s proposal immediately met resistance from DAO members who felt that its roughly $3.5 million grant, fourth-highest among the 97 proposals, wasn’t justified by its importance. Dappicom, a non-profit open-source project, is hoping to appeal to the retro gaming community, beyond crypto natives, by allowing players to prove in-game milestones without necessarily revealing how they did so.

The Top 20 Most-Used Buzzwords in the Crypto Circuit Read More: Ripple (XRP) Price Prediction one coin Digital currencyDigital fashion shown via Fabrix AR kiosks. Image: Fabrix Summary

Aaron Rodgers Injury Sends DraftKings NFTs Soaring for Backup QB The Key Points: Has Bitcoin Benefited From the Banking Crisis? Not in the Way Its Fans Hoped.As mentioned, Singapore-based Bitdeer was the number one miner in terms of expanding its computing power. As for crypto private financings, deal count dropped 6% quarter over quarter — from 306 to 288, the Architect data shows. The value of those money raises fell from nearly $2.4 billion to about $1.7 billion in that span.

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