NSE to launch WTI crude derivatives in rupees - cyptoranking.com

2024-04-29

Popular crypto exchanges(2023 Update) 2024-04-29
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Fabrix is the Hong Kong government-backed platform Wong conceived in 2020 in collaboration with the PMQ community design hub. It launched during the Covid-19 pandemic to help local designers like Kwan promote their businesses when they were unable to travel, and has since expanded to include emerging global fashion talent. Shiba Inu saw a massive transaction volume spike ahead of the Oct. 8 sell-off as IntoTheBlock data revealed a transaction volume surge from 1.76 trillion SHIB on Oct. 7 to a staggering 4.69 trillion SHIB on Oct. 8. This increase might signal both panic from holders selling as well as large investors buying amid the uncertainty. NSE to launch WTI crude derivatives in rupeesAccording to a recent development, a new whale purchased 995,604 Liquity (LQTY) altcoins from Binance at $1.45, totaling $1.45 million. Source: PixabayOptimism-based decentralized crypto lender Exactly Protocol suffered a bridge exploit as it lost as much as $12 million worth of ETH earlier today.Blockchain security firm De.Fi reported that the hacker used an exploiter contract on Ethereum that transferred deposits to Optimism before ultimately bridging stolen funds back to Ethereum.The total value locked on the protocol also took a nosedive shortly after the bridge exploit.Protoco’s TVL plummeted from $36 million to under $26 million, according to data from DeFi Llama.The protocol's native governance token (EXA) also fell by more than 15% following the bridge exploit as it currently trades at $4.91,Due to its relatively new technology, cross-chain bridges have emerged as a prevalent target for hackers, with over $2 billion reportedly lost to bridge-related hacks last year, Chainalysis revealed. The Defi protocol acknowledged the hack and put out a tweet saying that they're actively investigating the security issue within the protocol. “To ensure user safety, the protocol is temporarily paused (you can still withdraw assets). Our team is on top of this and will share more details asap.”DeFi Hack Coincides With Overall Downturn in Crypto Market. The hacking incident comes at a time when there is an overall downturn in the broader cryptocurrency market, leading altcoins including XRP, LTC, and BCH experienced substantial double-digit declines. The leading cryptocurrency Bitcoin also slumped to as low as $25,200 briefly before making a slight recovery earlier today.Nearly $1 billion worth of positions were liquidated within a span of 24 hours as the entire market witnessed the bloodbath. The ongoing cross bridge exploits have become a major concern for the crypto industry. As reported earlier, Hundred Finance, a lending and borrowing DeFi protocol on the Optimism [OP] network, also suffered a major hack on 15 April. The hack led to the exploitation of $7 million worth of crypto assets.DeFi Value Locked Reaches Nearly $42 Billion as Token Market Experiences Significant Growth – Here's the Latest

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Once added, all that DAI floating around the ether could get a nuclear-backed boost from the tokenized uranium. Choosing Chainlink CCIP as the go-to interoperability solution was a strategic decision by StaFi. The primary reasons for this choice include: How to Buy Ethereum in the UKIn addition to its India operations, Gemini is also focusing on building its business team in Singapore. The company plans to bolster its Singapore team to around 100, further diversifying its global presence. The exchange's comprehensive approach, which includes secure custody of digital assets, traditional securities, and fiat assets, along with access to its crypto exchange and over-the-counter services, has positioned Archax as an important platform for clients seeking safe and efficient navigation of the digital asset landscape.Bitfinex owner offers to buy back shares worth $150 million: Bloomberg

Meanwhile, Litecoin transactions with cryptocurrency payment processor Bitpay are increasing. According to September numbers, nearly a third of all consumers used Litecoin to pay for goods and services at Bitpay merchants. What do you think about the difficulty rising for bitcoin miners? Share your thoughts and opinions about this subject in the comments section below.The economy is refusing to die — which may mean it’s time to go risk-on Cryptocurrency in India-RegulationsWang has previously said he “didn't think the lawyers would tell him to sign something that was illegal,” the filing said. Bitcoin snapped off a run over the weekend, driving its price to a one-month high as speculation about crypto-tied ETFs on Monday remained relatively muted.

There is a significant difference between a libertarian approach to crypto privacy (doing what you want with no regards to anti-money laundering efforts) and privacy that enables new use cases in a regulatory-friendly way (doing what you want as long as your funds come from a legitimate source). Source: AdobeStock / photo_gonzoAn analyst at Berenberg investment firm believes MicroStrategy is now a safer bet compared to Coinbase due to the exchange's regulatory issues. Mark Palmer, an equity research analyst at Berenberg Capital Markets, said the US Securities and Exchange Commission will likely file an enforcement action against Coinbase as the commission increases its scrutiny of the crypto sector. “Given the heightened uncertainty that Coinbase faces, we believe investors would be much better served investing in shares of MicroStrategy,” the analyst reportedly wrote.Shares of MicroStrategy, a software maker better known for being the largest public holder of Bitcoin, have increased more than 90% YTD, compared to a 63% increase in Coinbase's shares over the same period. The strong performance comes on the back of Bitcoin’s rebound in recent months. The flagship cryptocurrency has gained more than 60% YTD.According to Palmer, MicroStrategy is an “attractive alternative” to Coinbase given the regulatory pressures on the latter. The analyst also noted that the SEC has identified Bitcoin as a commodity while claiming that the majority of other crypto assets are securities. This makes MicroStrategy, which is a major holder of Bitcoin, an appealing choice for investors. “The SEC has characterized bitcoin as a commodity while asserting that most (if not all) other crypto tokens are unregistered securities, putting bitcoin and MSTR in advantaged positions amidst the regulatory onslaught."Palmer said the enforcement actions against crypto exchanges Kraken and Bittrex, as well as crypto lending platform Nexo, could be a preview of the SEC's approach to Coinbase.“We believe investors should be focusing on whether the company would have the ability to successfully pivot its business model and geographic focus if it were forced to curtail or cease a large portion of its activities in the US."SEC-Coinbase Relationship Continues to DeteriorateThe SEC has been in a legal battle with Coinbase as of late.Back in March, the commission sent a “Wells notice” to Coinbase, threatening the crypto exchange with legal actions regarding some of its listed digital assets, its staking service Coinbase Earn, Coinbase Prime, and Coinbase Wallet. In response, Coinbase CEO Brian Armstrong accused the agency of engaging in “some really sketchy behavior.”The exchange also filed a lawsuit with a federal appellate court in Philadelphia last month, alleging that "the SEC refuses to address Coinbase’s rulemaking petition" even as the agency aims to initiate enforcement actions against the firm for listing unregistered securities.However, the commission has asked a judge to reject Coinbase’s request to compel the commission to respond to the rule-making petition. It is worth noting that Armstrong has suggested that the exchange could leave the US if regulators don't clarify their approach to the digital asset space. "Anything is on the table, including relocating or whatever is necessary," he said during the Innovate Finance Global Summit last month.Solana Price Prediction as New Blockchain Update Provides Native Support for Private Transactions – Time to Buy? Coinbase launches offshore derivatives exchange in BermudaAll the top collectors can be found on the leaderboard. The launch of Lunalog is being marked with a special contest by Axie Infinity. Participants stand a chance to win a Japanese Axie; however, only the top two winners will be crowned with the reward. Others will have to be satisfied with participation and the thrill of the contest. The BNB Chain Airdrop Marathon, set to span two months, promises weekly excitement with new airdrop activities commencing every Tuesday. During each weekly event, one to three projects will participate, generously offering tokens as rewards, either as fixed allocations or based on total issuance.

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