Crypto.com Gives Jan 31 Deadline For Delisting Tether USDT in Canada - cyptoranking.com

2024-05-10

Popular crypto exchanges(2023 Update) 2024-05-10
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PitchBook analyst Robert Le believes: Finally, Hong Kong's journey to embrace retail stablecoins will be a crucial factor in establishing its place in the emerging global banking scene. Finding the appropriate combination of innovation and regulation will be critical to its long-term success as a major financial hub in the digital era.LIVE: Caroline Ellison, Ex-Alameda CEO and SBF's Ex, Takes the Stand Crypto.com Gives Jan 31 Deadline For Delisting Tether USDT in CanadaSource: CircleCircle, the stablecoin issuer, has announced its plans to begin minting USD Coin (USDC) directly on the Polygon network.According to a press release issued on Tuesday, USDC is now accessible to users and developers on the Ethereum layer-2 scaling solution. This ends the bridged USDC from Ethereum (USDC.e), popular with many developers. Stablecoins have gained immense popularity in the crypto world due to their ability to maintain a stable value. USDC is the 6th largest cryptocurrency and the second-largest stablecoin by market cap, according to Coinmarketcap. The digital asset is an established and trusted asset that enables millions of customers to securely access and move their funds. Circle's collaboration with Polygon comes with many benefits. This solution enables businesses and developers to access on/off ramps for USDC on Polygon PoS – eliminating the costs and delays previously associated with third-party bridging.In addition, Circle Mint and Circle's developer APIs fully support USDC on Polygon.As a result, transactions on Polygon can be executed swiftly and cost-effectively, making it an ideal choice for remittances, trading, and decentralized applications (dApps) that rely on stablecoins.Before the introduction of Circle's native Polygon-based USDC, businesses were required to use bridged USDC (USDC.e) from the Ethereum blockchain. It's important to note that Circle didn't issue this token, so it couldn’t be redeemed. However, the new native USDC on Polygon can be redeemed at a 1:1 ratio for United States dollars.In addition to minting USDC on Polygon, Circle would now discontinue the deposits and withdrawals of USDC.e on Polygon through Circle Mint and its APIs. This would be finalized on November 10, 2023.Furthermore, the USDC issuer has plans to launch a cross-chain transfer protocol to connect with other blockchain networks via Polygon later in the year. A Great Step for CirclePolygon PoS is a scalable Proof of Stake (PoS) blockchain that complements Ethereum's decentralized security with quicker settlement times and improved cost efficiency. As of October 2023, the Polygon PoS ecosystem boasts over 475 dApps and more than 300,000 active wallet addresses.The integration of USDC on Polygon marks a significant milestone in the evolution of the blockchain industry. It allows users to enjoy the best of both worlds – the security and decentralization of Ethereum, coupled with the speed and efficiency inherent in Polygon.As the cryptocurrency landscape continues to evolve, innovations like this demonstrate the industry's commitment to creating more accessible and efficient financial systems for everyone.6 Themes Important Themes for the Next Crypto Bull Run, According to Nansen’s CEO The Dogecoin (DOGE) price broke down from a 120-day horizontal support area on October 9.

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Dr. Xinxin Fan, IoTeX co-founder and head of blockchain, told Blockworks that confidential computing is a hardware-backed security and privacy enhancing technology designed specifically for protecting data as it’s in use. sFRAX is partly the fruit of FRAX’s August partnership with FinresPBC, which connected FRAX with Kansas City-based Lead Bank to open a brokerage account and begin purchasing Treasury bills. Summary Cryptocurrency 2023 Legislation“As we file to convert ETHE to an ETF, the natural next step in the product’s evolution, we recognize this as an important moment to bring Ethereum even further into the US regulatory perimeter,” Grayscale CEO Michael Sonnenshein said in a statement. “If this protocol had a small on-chain footprint and encouraged responsible UTXO management, it might serve as harm reduction compared to existing protocols,” Rodarmor added.UTXOs represent the amount of cryptocurrency left in a wallet following a completed transaction, where the balance is used in subsequent transactions and is stored in the UTXO database.Bitcoin’s UTXO model plays a role in making Bitcoin an auditable and transparent ledger by preventing the double-spending problem.Rodarmor said other fungible token protocols on Bitcoin, such as Really Good for Bitcoin, Counterparty and Omni Layer, have problems of their own.Rodarmor’s problems with existing fungible token protocols on Bitcoin: Source: Casey RodarmorWhile Rodarmor admitted 99.9% of fungible tokens are filled with scams and memes, he believes the right fungible token protocol can add value to the Bitcoin network:“Creating a good fungible token protocol for Bitcoin might bring significant transaction fee revenue, developer mindshare, and users to Bitcoin.”Related: Ordinals still make up majority of Bitcoin txs despite price collapse In a Sept. 25 Twitter Spaces with The Ordinals Show co-host Trevor Owens, Rodarmor said he came up with the Runes idea last week and that he wasn’t sure whether he would pursue it any further.Shortly after the call, Owens floated offering $100,000 from the Bitcoin Frontier Fund to prospective developers who can get a Rune application up and running as a means to further Rodarmor’s proposal.Open $100k investment offer in upcoming @BTCFrontierFund accelerator for first team who can get a working (not terrible) Rune indexer, issuance and/or transfer app, up live and runningDon't make the tickers required to be unique, will be a shit showDM me. Serious offer. pic.twitter.com/6W0IwlhB9x— trevor.btc (@TO) September 26, 2023

But, after the bankruptcy, few in the team knew the exact number of wallets owned by FTX or where their private keys were located, per Wired. “The Israel Police’s Cyber Unit, in collaboration with the Ministry of Defense, the Israel Security Agency, and other national intelligence agencies, has successfully frozen cryptocurrency accounts used by Hamas for fundraising their activities,” the statement reads. Decentralized Exchange (DEX)From May through mid-September, the weekly average transaction count for Bitcoin fluctuated between 400,000 and 500,000. It peaked at 600,000 on Sept. 20, a record high. On the upside, the key resistance level is the Exponential Moving Average of $0.53 (EMA-50). Breaking above that key resistance could signal an imminent bullish trend reversal toward $0.55.

— CZ 🔶 Binance (@cz_binance) November 27, 2019 Orange Comet’s The Walking Dead 3D Avatars Are Arriving On October 5th TIP: Watch the Order BookEthereum Price Dives Again JB, an analyst for the cryptocurrency analysis and trading channel Cheeky Crypto, predicted that the price of Polygon (MATIC) could drop to between $0.4458 and $0.3599 in the following few days. His bearish prediction is based on his belief that the altcoin’s price is still in a correction phase.

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