UK's Home for Crypto - cyptoranking.com

2024-04-20

Popular crypto exchanges(2023 Update) 2024-04-20
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Technical indicators suggest the downtrend momentum of the MKR crypto price. The relative strength index showcases the downtrend momentum of Maker crypto. RSI was at 49.40 and is heading towards the neutral to be oversold. The tokens sold out in about five hours, a Chiliz spokesperson said, as fans from 79 countries bought a total of 500,000 tokens during the offering. UK's Home for CryptoWang, who pleaded guilty in December 2022 to four counts of fraud and conspiracy, was a founder and former executive at FTX. He testified on Friday that he received personal loans of around $200 to $300 million from Alameda, which he used to fund venture capital investments and purchase property in the Bahamas. Other Important Developments

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General Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.Ethereum Foundation Attacked During 1,700 ETH Sale yPredict's crypto presale is advancing, offering AI-based trading tools and targeting a final raise of over $6.5 million.yPredict, an AI trading platform, is progressing through the stages of its crypto presale. As of writing, the platform is in Stage 7 of its token sale, having raised $4,195,330.35 toward its final target of $6,507,551.The platform distinguishes itself by offering a comprehensive set of AI-based trading tools, including but not limited to trading signals, price prediction and technical analysis. Additionally, yPredict has delved into content generation with its WriteMingle Beta Testing Program. Visit yPredict HereA Detailed Look at the Presale MechanicsCurrently in Stage 7, yPredict has $400,000 left to raise before the token price increases from $0.10 to $0.11. The total supply of YPRED tokens is capped at 100 million, with 80 million allocated for the presale.Upon reaching Stage 8, the platform will offer 17,500,000 tokens for sale, accounting for 21.875% of the total supply, valued at $1,925,000. The end goal for the presale is to achieve a market cap of $6,507,551. Regarding price prediction, the platform's internal estimates suggest that the annual percentage yield (APY) could reach 45% each quarter.An additional aspect of the yPredict platform worth highlighting is its approach to staking rewards for token holders. According to the company, 10% of subscription revenues will be diverted into a staking pool from which rewards will be distributed to YPRED token holders. This arrangement could provide an additional incentive for participation in the platform, beyond the suite of AI-based trading and analytical tools already on offer.AI-Driven Trading Tools: Beyond Simple SignalsyPredict centers its suite of services around AI trading, providing more than just trading signals. The platform is working on a range of products including yPredict Predictions, yPredict Analytics, yPredict Repository, yPredict Terminal, and yPredict Marketplace.In terms of AI application, yPredict Analytics plans to utilize models capable of predicting cryptocurrency prices. These models are being developed by specialists in AI and will be available to users who hold a minimum of $500 in YPRED tokens.Beyond its trading focus, yPredict is also expanding its reach with WriteMingle, a beta program focused on content generation. Raj Sharma, the CEO of yPredict, stated, "Our goal with WriteMingle is to allow people to focus on big picture content strategy and creation, while letting AI handle the time-consuming busywork like proofreading and SEO optimization." WriteMingle uses advanced natural language processing and generative AI to assist with content creation tasks.As yPredict progresses through its crypto presale and approaches its financial targets, the platform is shaping up to be a complex entity in the trading sector. With services ranging from AI-driven trading tools to a content creation beta program, yPredict is casting a wide net.As the platform advances toward its funding goals, market watchers may be interested to observe how it positions itself within the broader trading and crypto sectors. Visit yPredict HereDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Best Crypto to Buy Now October 10 – Tezos, Cosmos, XDC Network Does Robinhood Have a Crypto Wallet?Invest smarter with our DOGE price predictors. Per the Hangzhou Daily, state-run banks in the Hangzhou Asian Games Village “welcomed delegations [athletes and coaches]” from across Asia at special digital yuan “demonstration” booths.

These new SNX developments have not yet garnered much excitement from the cryptocurrency community. In just the past day, SNX’s price dropped by 0.58%, which left the altcoin trading at $2.00. In addition to this, SNX’s price dropped by over 7% in the past week. Source: AdobeStock / AscannioGet your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________NFT newsThe Avant Arte marketplace announced that it is collaborating with Yuga Labs to bring all 10,000 CryptoPunks into the physical realm for the first time with two time-limited print editions, made by Avant Arte’s printmakers Make-Ready. The first, Punk On-Chain, will be available to all Punk holders and will enable them to commission a unique 1-1 physical print of their Punk(s) for €500 ($530). The second, 10,000 On-Chain, will be available for €600 ($630) to Punk holders and fans alike, offering everyone the opportunity to own their own Punk artwork, it said. Both works will be available only for 48 hours on October 26. DeFi newsVitaDAO, the Pfizer-backed decentralized autonomous organization focused on advancing longevity research, launched its biotech firm, Matrix Bio. 99.9% of the community participating in the vote in late March had approved a collaboration with the University of Rochester’s Aging Research Center co-chair, Dr. Vera Gorbunova. Per the project description, the experiments will be conducted on long-lived animals. The Budget includes financing of up to $300,000 provided by VitaDAO, with up to $200,000 allocated to high throughput screen (HTS) and exploratory medicinal chemistry with a 3rd party CRO or academic ‘fee for service’ facility, and up to $100,000 allocated to the Gorbunova lab for hit compound experiments.Payment newsHong Kong’s trials of e-HKD digital currency showed potential uses in payment, deposit, and investment scenarios, but relevant players need more experience before a launch date can be considered, Eddie Yue Wai-man, CEO of the Hong Kong Monetary Authority, the city’s de facto central bank, said in an interview with the South China Morning Post. "There are some interesting use cases of e-HKD in the areas like programmable payments, and in new areas like tokenised deposits and tokenised assets," the CEO said, but adding that "it is still the beginning of the trial process. We have to find a use case that is better than the current retail payments. Because if you are not either safer, faster, or more convenient, then it will not be doable."Crypto payments infrastructure provider MoonPay announced the launch of Swaps in the MoonPay App. Key features of this new functionality include low gas fees, cross-chain swaps, more than 1,500 trading pairs (number may vary by jurisdiction), all wallets in one place, and competitive exchange rates, the announcement claims. Swaps is available globally, in most regions where MoonPay is generally available, it said. The MoonPay App initially launched in May 2023. Exchange newsBinance's market share declined for the seventh consecutive month in September, according to CCData's monthly Exchange Review. Spot trading volumes on the exchange fell 36.8% to $115 billion in September, recording the lowest monthly spot volumes since October 2020. This reduction also marked the third consecutive decline in volumes since June 2023, leading Binance's market share among spot trading exchanges to stand at 34.3%, its lowest since June 2022, said the report. It added that the combined spot and derivatives trading volume on centralized exchanges fell for the third consecutive month, dropping 20.3% to $1.67tn. Also, "the lack of volatility, combined with the seasonality effects that have historically been seen in Q3, has led to centralised exchanges recording the lowest combined quarterly volumes since Q4 2020."Mining newsBitcoin (BTC) and crypto-mining monolith Bitmain reportedly paid September wages to its employees after payments were delayed and deducted because of cash flow issues, according to a report by the local media outlet Odaily. "On the afternoon of October 7, Bitmain has repaid September wages, and stated that it only did not pay the performance salary of some people. It has also been repaid, and the basic salary has been released normally on September 30," crypto reporter Colin Wu tweeted. NFT-Funded Film, Backed by A-list Director Soderbergh, Seals Historic Global Sales Agreement – Crypto Adoption on the Rise? What are the top 5 futures exchanges in the world?The conflict in the Middle East has left countless individuals and families grappling with the aftermath, in desperate need of assistance. Ryan Selkis, renowned for his expertise in blockchain technology and cryptocurrency through his role at Messari, saw an opportunity to leverage his influence for a noble cause. His involvement in the crisis transcended mere philanthropy, as he chose to be physically present in the affected areas, forging a powerful connection with the people in dire straits. For the first time in its nearly 12-year history, Litecoin has smashed a remarkable milestone. The Litecoin Foundation announces that the Litecoin network has just processed its 180 millionth transaction.

Janowitz’s tweet comes after recent reports that scammers have stolen over $385,000 in Ether from Friend.tech users through SIM-swapping. American supermarket chain Trader Joe’s is pursuing legal action in California to resolve a trademark dispute with a crypto platform that bears a strikingly similar name. Who is the biggest crypto trader in Nigeria?The Ethereum (ETH) network experienced a surge of abnormally high gas fees on Thursday, with over 140,000 transactions directed to a wallet address labeled by Etherscan as “Binance 14.”While the Ethereum network's average gas fee hovered around 10 gwei, Binance’s transactions consistently paid fees exceeding 300 gwei, or around 30 times higher than what was needed.300 gwei equals around $10.Recommended Ethereum transaction fees on September 22. Source: EtherscanThe extraordinary expenditure resulted in a temporary spike in gas fees on the Ethereum network, with users incurring substantial costs for sending transactions.Binance confirms ‘routine consolidation of ETH’Binance has confirmed in a media statement that the transactions were initiated by them, calling it a “routine consolidation of ETH.”“Any impact to gas prices was unintentional but quickly resolved,” a spokesperson for the exchange said.In total, the transactions drained more than 530 ETH, equivalent to approximately $840,000 in gas fees, briefly making it the largest gas user on the Ethereum network.Over the course of its lifetime, the wallet address is responsible for $95 million in transaction fees, including both inbound and outbound transactions.Community reactsThe incident was widely shared among community members on X, with one user saying it was a consolidation “from long-inactive deposit addresses.”Others also offered their take on the unusual transactions, with for instance Martin Köppelmann, co-founder of DeFi protocol Gnosis, suggesting that Binance is either using “a really inefficient script” or that “something fishy is going on.”Lastly, some community members blamed Binance’s wallet team for the glitch, calling the team’s engineers “incapable.”“They will release a case report soon. And likely someone got fired,” the user added.Ethereum Devs Put Forth ERC-7512 Standard to Represent Audit Reports On-Chain What cryptocurrencies can you mine?

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