Margin rules lead to rise in Asian NDF clearing volumes - cyptoranking.com

From Wikinews, the free news source you can write!
Jump to navigation Jump to search

2024-05-02

Popular crypto exchanges(2023 Update) 2024-05-02
Image: cyptoranking.com

According to analysts, ETH has significantly underperformed the overall market since the Merge event, with both ETH/BTC price and volume ratio trending downward over the past year. With current prices at $0.50, these newly acquired 50 million XRP are worth approximately $25 million. For several reasons, such a large crypto whale demand during a price downtrend can be bullish for the asset price. Margin rules lead to rise in Asian NDF clearing volumesUnlike other blockchain platforms that require learning a new programming language like Solidity, Rust, or Move; Neo allows us to work with more familiar languages. This made it easier for our development team, who had no prior experience with smart contract development, to get up to speed. Impressively, we were able to learn and deploy three contracts within just two weeks. Ethereum, along with various other cryptocurrencies, has encountered issues related to centralization. These concerns extend beyond just staking. A notable observation is that a significant portion of active Ethereum nodes are operated by centralized web service providers such as Amazon Web Services. This has raised questions among experts about the potential vulnerability of the Ethereum blockchain to a centralized point of failure.

Exchange Rankings Crypto
Image: cyptoranking.com

2.  Proof of Stake (PoS) Although these companies have started developing blockchain games, CoinGecko noted Krafton as the trailblazer. According to CoinGeko’s report, Krafton is set to soft launch its blockchain game in December 2023, ahead of a full release between January and July 2024. The Future of Cryptocurrency Exchanges: Why Decentralization is the Key to SuccessTest your trading strategy Across several media interviews this past week, Zuckerberg has made it clear that recent developments in generative AI as key to maximizing myriad applications in the “metaverse.” In particular, the Meta CEO dialed in on the creation of digital avatars that will one day be embedded across the company's products.

Individuals from dissolved crypto enterprises have found roles within the traditional financial landscape as well. An example is BlockFi’s Rachel Willis has joining BNY Mellon’s digital asset division. — CoinGecko (@coingecko) October 9, 2023 Nigeria Plans to Regulate Digital Asset Platforms“We’re seeing larger and larger corporates in more and more developed markets come to us either directly or through Standard Chartered […] and are looking at using stablecoins for cross border payments,” Nick Philpott, co-founder at Zodia Markets, told Blockworks in an interview. Related: BIP-300 biff: Debate reignites over years-old Bitcoin Drivechain proposalOne builder in the blockchain space, “dotta,” noted that there is already a proof-of-concept on GitHub.Another X user, Sam Parker, attempted to resolve a common fear among Bitcoin (BTC) maximalists by explaining that BitVM won’t force Bitcoin’s to be “locked” into these contracts.“Finally, this is opt-in. If you don’t trust your coins being locked to some Turing complete contract (totally reasonable) then don’t lock them to a Turing complete smart contract. One of [the] beauties of the UTXO system is security sandboxing.”Others, such as “Psage,” say BitVM adds to the list of things that will push Bitcoin’s price forward in the next bull market.The bullish stuff around #Bitcoin is snowballing, lots of them controversial, nevertheless a few off my finger tips:- BitVM- Ordinals- Multiple Pres Candidates talking about it- ETF- Halving- Privacy improvements- Exponential Hash Rate increase- Countries mining ....— psage (@perspiringsage) October 9, 2023

FTX, which had once been valued at $32 billion, declared bankruptcy on Nov. 11. That same day, employees at FTX began noticing massive withdrawals of funds from the exchange’s wallets. The charity campaign, spearheaded by a group of Israeli blockchain firms, launched Monday. Firms including MarketAcross, CryptoJungle, Blockchain B7, Efficient Frontier, and Fireblocks, among others, have signed on to the initiative. Can you withdraw DOGE from Coinbase?As revealed by Bitcoin Magazine, an unknown "Project Spartacus" has formed in an attempt to immortalize on bitcoin the classified information that the U.S. government has long alleged Julian Assange illegally provided to journalists in the infamous Afghan War Diary. The creator of the Ordinals protocol has introduced a refined version named Runes to potentially replace BRC-20, characterized by a reduced on-chain footprint. This may have stoked fears among users that Runes might entirely supplant BRC-20, possibly contributing to the diminished activity.


Sister links

Sources

Bookmark-new.svg