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2024-05-02

Popular crypto exchanges(2023 Update) 2024-05-02
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Bitmain, the world's leading manufacturer of Bitcoin mining machines, has surprisingly announced that it has suspended some of its employees' September salaries due to a lack of positive cash flow. Understanding finality in blockchain Global payment solutions for Web3AWS and Microsoft Face UK Competition Probe Over Cloud Dominance CleanSpark records its ‘best quarter’ and ‘best fiscal year ever’

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Solana. Source: AdobeCoinbase's layer-2 network, Base, has surpassed Solana (SOL) in terms of total value locked (TVL).Base's TVL has reached an impressive $397.32 million since its launch in August, outpacing Solana's TVL of $358.96 million, data from DefiLlama shows. Over the past month, Base has experienced significant growth, with a remarkable 97.21% increase in TVL.On the other hand, Solana has seen a decline of 9.64% in its TVL over the same timeframe.The bulk majority of Base's TVL comes from two projects. Decentralized exchange Aerodrome Finance holds the top spot with a TVL of $97.83 million, while the decentralized social media app Friend.tech ranks second with a TVL of $36.53 million.Aerodrome Finance, launched on August 28, allows users to deposit liquidity to earn its native AERO tokens and offers other features. Although it had a slow start, Aerodrome's TVL skyrocketed on August 31, with a massive $150 million pouring in on that day alone. However, the project's TVL has since decreased by approximately 51% as the initial hype subsided.Friend.tech, launched on August 11, enables users to tokenize their social networks through the buying and selling of "Keys." Despite facing challenges in late August, the platform experienced a dramatic surge in September. DefiLlama reports a 540% increase in Friend.tech's TVL over the past month, primarily driven by a pump that began on September 9 alongside a resurgence in daily trading volume.Looking beyond the top projects, Base's TVL is predominantly contributed by multinetwork decentralized finance platforms such as Compound, Curve, and Uniswap.Furthermore, Base has achieved a new milestone this month, reaching a peak of 1.88 million daily transactions on September 14, surpassing rival chains like Optimism and Arbitrum, which had a combined total of almost 880,000 transactions on the same day. As of today, Base's daily transactions have decreased to approximately 908,000, but the all-time high record remains intact.Coinbase Pushes for Regulatory Clarity in the USAs of late, Coinbase has ramped up efforts to bring about positive changes in US legislation in the crypto sector.Earlier this week, the exchange launched a new media campaign, encouraging people who are interested in crypto to contact their congressional representatives through its platform to let them know crypto regulation clarity is an important issue for them.In mid-August, the exchange also announced the launch of a crypto advocacy group tasked with promoting the interests of the crypto community.Dubbed Stand with Crypto Alliance, the independent nonprofit organization aims to mobilize support for legislation that would create a regulatory framework for digital assets in the US.Furthermore, earlier this year, the company filed a lawsuit against the agency to compel the SEC to establish clear regulations for the cryptocurrency industry. Despite the push for regulatory clarity, the exchange has come under scrutiny.In June, the SEC sued Coinbase, accusing the platform of operating as an unregistered securities exchange, broker, and clearing agency. DeFi Protocol Balancer Faces Another Security Breach After Being Exploited for $2M a Month Ago Lido hoped to draw Arbitrum grant funding with the allure of bringing its behemoth staked ether product to the layer-2. But so far, the Arbitrum governance community is almost evenly split. Top 7 ways to earn free cryptoCommunity of Satlantis backed their platform and shared their disappointment in Mojang (and indirectly Microsoft) through social media platforms: As per Goel, the fact that Layer-2s are taking the lead in terms of transaction throughput is not surprising. He told Decrypt that “the longer-term view has always been that L2 transactions will overtake Ethereum's,” adding, “it was clear during the bull market of 2020-21 that Ethereum mainnet's block space alone wasn't going to be enough.”

The development comes after Axie Infinity unveiled Project T, an early prototype of a brand-new game that Sky Mavis is creating. It will empower players to interact with their axies and others while also playing several mini-games as access to a unique experience. Axie Infinity has rolled out early access to Mystic Axie owners, land owners, and Origin Axie owners. "You get to this point where there’s going to be 100 million AIs just helping businesses sell things, then you get the creator version of that, where every creator is going to want an AI assistant—something that can help them build their community," he said. "Then I think that there’s a bunch of stuff that’s just interesting kind of consumer use cases." Infinite Market CapHow To Spot A Top Immerse yourself in the essence of drifting culture as Torque Drift 2; set in a fictitious Japanese city whisks you back to its origins. Whether it’s the neon-lit city streets, picturesque rolling hills, or the distinctive drifting scene – everything awaits your discovery. Though set in Japan, the thrill isn’t limited to one region as players will find themselves in professional drifting arenas across Formula Drift’s US competition locations, including iconic places like Long Beach, Road Atlanta, the Irwindale Speedway, and many more!

The LDO/USD 4-hour chart showed that there was no clear direction for the token. This was also evident in the Exponential Moving Average (EMA) position. At the time of writing, the 20 EMA (blue) had slightly crossed over the 50 EMA (yellow). The rat also alluded to Warren Buffet, who called crypto “rat poison squared” at the time. That was the first crypto winter, where Bitcoin famously fell from $20,000 to $6,000 at the hands of SEC uncertainty and waning faith in the tech. CME Group Announces First Day of Trading of €STR FuturesDineno advised players to withdraw their satoshis, emphasizing they will be diligently processed. Satlantis developers pledged to honor all in-game assets, including sats, prize pools, ASICs, players premium battle pass status and all other transferable data. The Minecraft server will remain operational, albeit without its play-to-earn features, as the team aims for a seamless transition to the next gaming frontier. Source: TwitterBitcoin-bullish presidential candidate Robert F. Kennedy Jr. has announced that he is now chasing his country’s highest office as an independent, rather than as a member of the Democratic party.“I’m here to declare myself an independent candidate for the President of the United States,” said Kennedy at a Philadelphia rally on Monday. “We declare independence from the two political parties and the corrupt interests that dominate them and the entire rigged system.”As of last month, Kennedy polled second place in the Democratic party primary but was still dominated by the incumbent president Joe Biden’s whopping 71% support.Compared to other Democratic candidates, Kennedy frequently drew controversy for holding positions atypical for a left-winger, including his well-known skepticism of vaccines, but also his lesser-known favorable views on crypto – particularly Bitcoin.At the Bitcoin Miami in May, Kennedy recognized that Bitcoin miners “may not be so bad for the environment,” contrasting with the current administration’s stronger concern for the “harms they impose on society.” At the time, Kennedy announced that his campaign would be the first to accept Bitcoin donations over the lightning network.The politician has also purchased several BTC for his children, and promised to exempt Bitcoin investors from capital gains taxes in a bit to boost national adoption of the digital currency. He’s even proposed backing the U.S. dollar with Bitcoin, alongside a handful of other “hard currencies” like gold and silver.Presidential Candidates On CryptoKennedy’s crypto positions may be more comparable to Republican rivals like Ron DeSantis, who have promised to end President Biden’s “war on Bitcoin.” Both candidates have also shown strong opposition to central bank digital currencies (CBDCs), deeming them tools of surveillance and financial control.Nevertheless, such crypto proponents face bleak odds in the Republican camp as well, with ex-President Donald Trump leading polls with 60% of the primary vote. Though Trump has previously denounced Bitcoin as a scam and claimed it could threaten the supremacy of the U.S. dollar, filings in August revealed that Trump owned $2.8 million in crypto.After teasing his break from Democrats for several days, Super PAC American Values 2024 shared poll results last week showing that Kennedy would be more popular than any independent candidate in modern political history, boasting support from 19% of the electorate. Cardano’s Hoskinson Likens Sam Bankman-Fried to Bernie Madoff

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