Citi Says Decentralized Crypto Exchanges Are Gaining Market Share From Centralized Peers - cyptoranking.com

2024-05-06

Popular crypto exchanges(2023 Update) 2024-05-06
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"I think that’s going to be very compelling and interesting, and obviously, we’re kind of starting slowly on that," Zuckerberg said in an interview with The Verge on Wednesday. Recognizing Retail Stablecoins Citi Says Decentralized Crypto Exchanges Are Gaining Market Share From Centralized PeersNarula is of the opinion that crypto projects need to shift towards the metaverse. He feels that various projects do not have the funding like Yuga, which has managed to acquire a significant amount of capital sourced from venture capitalists and via the sale of NFTs. He goes on to add that the maximum number of NFT projects need to adopt the idea of shipping continuously to the community.Improbable’s pivot to metaverse experiences is paying off, says CEO Narula “The US has more NFT, culture and DeFi – Asia is the real gaming end market,” Spencer said.

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In contrast to the positive trends seen among other Bitcoin miners, Bit Digital reported a 7% decline in Bitcoin production for September, mining 130.2 BTC. The decline was attributed to approximately 600 petahashes per second of miners going offline due to a power utility-mandated maintenance outage on September 26. The astrology-themed nonfungible token (NFT) project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an Oct. 9 report from blockchain security firm CertiK. The project’s deployer account called the “withdrawToken” function on both the NFTMerge and AdwardCenter contracts, removing over $1 million in LSC from them. These tokens were then swapped for the Binance USD (BUSD) stablecoin and sent to another account.#CertiKSkynetAlert We can confirm an exit scam on @AstrAstrol75591 LSC token Bsc: 0x2b3559c3DBdB294cbb71f2B30a693F4C6be6132dEOA 0x9Ef withdrew LSC tokens from the AwardCenter contract. Tokens were then sold for $1.1mhttps://t.co/sy7vFfqhf5— CertiK Alert (@CertiKAlert) October 9, 2023 How to Buy Ethereum (ETH) ? Step by Step ? Benzinga CryptoK33 Research noted in a Wednesday market report that traders on the derivatives market anticipate that ETH will keep underperforming. then return all the taxes y’all made me pay for receiving it you horrific evil hypocrites pic.twitter.com/rwisnADwLe

Source: a video screenshot, ABC News / YouTubeAs the trial of Sam Bankman-Fried enters its second week, his lawyers are seeking to question FTX co-founder Gary Wang about his reliance on legal advice regarding loans from Alameda Research. In a legal filing made late Monday night, Bankman-Fried's defense team requested permission from the judge to explore Wang's understanding of these loans, which were used for venture investments and personal expenses, including purchasing a house in the Bahamas.The defense argues that Wang's belief that these were legitimate loans, structured by lawyers and documented in formal promissory notes, is essential in countering the prosecution's claim that the loans were merely a ruse orchestrated by Bankman-Fried to conceal the origin of the funds. The filing highlights Wang's statement that he trusted the lawyers involved and didn't believe they would advise him to engage in any illegal activities.The relationship between FTX and its hedge fund arm, Alameda Research, has become a focal point in the criminal case against Bankman-Fried. Prosecutors allege that he misused funds transferred to Alameda as his personal finances. Bankman-Fried has pleaded not guilty to the fraud charges, and his defense team contends that the involvement of company counsel in the loan arrangements suggests his lack of awareness regarding any impropriety. However, Judge Lewis Kaplan has ruled that discussions about legal advice could confuse or bias the jury and therefore cannot be included in the defense's opening statement.Wang to Conclude Testimony on TuesdayWang is expected to conclude his testimony on Tuesday, after which Caroline Ellison, the former head of Alameda Research and Bankman-Fried's former girlfriend, will take the stand. Both Wang and Ellison have pleaded guilty and are cooperating with investigators.Last week, Wang testified in court, admitting that he and former FTX boss Sam Bankman-Fried committed wire fraud. He revealed to the jury that he and Bankman-Fried engaged in financial crimes and deceitful practices that ultimately led to the collapse of the cryptocurrency trading platform.As the chief technical officer at FTX and a co-owner of Alameda Research, a cryptocurrency hedge fund founded by Wang and Bankman-Fried in 2017, Wang confessed to committing wire, securities, and commodities fraud. He disclosed that the duo illegally withdrew a staggering $8 billion from FTX funds through Alameda Research. Wang further claimed that Bankman-Fried directed these illicit actions.As reported, Daniel C. Silva, former assistant US attorney and shareholder at law firm Buchalter, believes that Bankman-Fried's defense might be setting the stage for a potential appeal if the disgraced crypto boss is found guilty. By focusing on minutiae, the defense could argue that they were deprived of sufficient time and opportunity to prepare an adequate defense, potentially calling into question the fairness of the trial."One of the things [the defense] may be doing is suggesting, ‘This thing moved at light-speed and we were not given a full opportunity to prepare for trial,'" Silva said. "'We need to ensure that we fully understand what every witness is saying because we didn't have an adequate opportunity to prepare [...] an adequate defense as required by the U.S. Constitution.'"Shiba Inu Price Prediction as SHIB Could Skyrocket to $0.00003000 – Will History Repeat Itself with an 822% October Surge? All in all, it’s clear that the newly-introduced Apple iPhone 15 Pro line will become a gaming powerhouse more than anything. The real question is how Web3 game developers can benefit from such advantages. Cryptocurrencies Price Prediction: Ethereum, Cryptocurrencies & Coinbase-European Wrap 14 JuneTop 3 Bitcoin (BTC) Price Peak Predictions for This Cycle Generated Image: MidjourneyBitcoin Post-Halving Rally Delayed As IMF Warns Inflation And Weaker Growth In 2024?

Cloud mining profitability is determined by a number of factors, including the price of cryptocurrency, mining difficulty, block reward, contract expenses, and provider and pool fees. Before investing in cloud mining, it is critical to evaluate possible returns and examine market conditions. Keep in mind that cryptocurrency markets are extremely unpredictable, and profits can fluctuate dramatically. Introducing Chainlink CCIP Integration How to Buy Tether (USDT)Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together.London, UK — In January 2023, decentralized options and social trading platform OptionBlitz, launched its community networks. The platform is now poised for a February deployment into Ethereum Layer protocol Arbitrum, to offer unique trading options like ‘zero-day’, and ‘Turbo’. OptionBlitz will also run a 2-stage (BLX) token presale from February 28th to March 28th, 2023.What is OptionBlitz?OptionBlitz is a decentralized, enterprise-grade options and social trading platform - powered by Ethereum Layer 2 protocol, Arbitrum. The Arbitrum Protocol underpins all of the platform's trading options including Zero-day, Barrier, American/European options, and the world's first DeFi Perpetual option, known as ‘Turbo’.Zero-day Options and MoreThe OptionBlitz platform offers a multitude of cutting-edge trading options, unique features, and over 22 different trading pairs. Zero-day options are one of the fastest-growing trends in the financial markets and one of the pillars of the OptionBlitz platform. Zero-day options expire the same day that they are purchased, allowing traders to take advantage of ultra short-term trades, which they can enter & exit almost instantaneously. The OptionBlitz platform also features various American & European options with maturities from 24h down to as low as 10 seconds, allowing for highly-customizable trading control. The liquidity Provider program is another great feature that offers traders excellent returns, boosted by up to +50% when USDC capital is staked with the platform’s native BLX token.What About Perpetual Turbo?OptionBlitz is currently the only platform that offers Perpetual Turbo Options. Turbos are an exciting new form of derivative which are like a cross between a perpetual futures contract and an option. Instead of paying margin, the trader pays an initial outlay depending on the leverage selected. Turbos have different characteristics to other perpetuals, including:1:200 LeverageNo MarginNo expirationFixed 0.1% TX Fee0% Slippage No margin means no margin calls, so highly volatile markets can be supported even with high leverage. A Turbo is liquidated by the risk engine if its barrier level is touched, the barrier level is set according to the leverage selected and it moves according to a funding rate mechanism. Social Trading & BLX Token EconomyOptionBlitz has integrated numerous features to promote community growth through social trading. The platform uses a Web 3.0-enabled in-app chat, deep social sentiment analytics, free trading signals, and indicators — all built around the platform’s BLX token economy and incentive model. Deep integration with affiliate networks offers traders an opportunity to build their own brand with verifiable on-chain proof of trade delivered through the OptionBlitz social hub.More Reasons to Use OptionBlitzBesides the unique perpetual turbo and Zero-day options, there are many other reasons to start trading on OptionBlitz. For example, the platform uses advanced risk management systems to keep liquidity secure & maintain product pricing in line with the market. The platform's native BLX token also gives traders huge discounts on fees, boosts liquidity provider rewards, and unlocks exclusive features. And if that wasn’t enough, traders do not have to worry about onboarding, lengthy sign-up processes, or even KYC.The Future of DeFi OptionsOptionBlitz is intent on becoming the most popular decentralized trading platform for options, leveraged trading, and investing. The platform is already on the way to achieving this and is soon to introduce decentralized managed funds and robo funds to supercharge their trading community.OptionBlitz will also bring unique, freely transferable, unrestricted, tokenized stocks to the blockchain and turn the platform into a fully featured investment hub. It will also Integrate with other DeFi partners committed to a transparent, open, and censorship-resistant future. BLX Token SaleOptionBlitz is launching a two-stage BLX token presale from 28th February to 28th of March 2023. The token pricing for stage one is 0.1 USDC/BLX. Pricing for stage two will start at 0.1 USDC/BLX, rising to 0.41 USDC/BLX should the sale sell out.The BLX Token has been audited by award-winning company Shellboxes and will initially launch on Uniswap. The company has also established agreements in principle that will see the BLX token listed on Bitmart, Lbank and Probit exchanges respectively. OptionBlitz SocialsTwitter | Telegram | Medium | Discord | Reddit Media Contact DetailsContact Name: ArtemisContact Email: [email protected] OptionBlitz is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to investFirst Exchange with a Cold Wallet Welcomes Newcomers A firm can establish a specified financing goal or limit. This implies that each token sold during the ICO has a predetermined price and the overall token supply is fixed.

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