Huobi Guide & Exchange Review: How to Trade Options, ... - cyptoranking.com

2024-05-15

Popular crypto exchanges(2023 Update) 2024-05-15
Image: cyptoranking.com

As evidence for the Pond0X’s trading volume, the official channel cited a Dune dashboard created by user Mogie, which shows over $111 million in all-time trading volume as of Sept. 29.Total volume metric for Pond0X. Source: Mogie/DuneThe PNDX token launched on July 28. At the time, critics accused the project of being a rug pull or exit scam. At issue was the unorthodox way that the project’s founder, Jeremy Cahen (also known as “Pauly”), launched the coin. In the launch post on X (formerly Twitter), Cahen posted the URL to an app that allowed people to deposit a fixed amount of Ether (ETH) to receive a fixed amount of PNDX. He also posted the contract address for the token. In response, some investors started buying the coin on Uniswap, using its contract address to identify it, while others deposited ETH into the app to receive PNDX. The price on Uniswap quickly rose above that of the ETH needed to mint PNDX, so minters started selling their coins into the market at a profit. Critics claimed that this process transferred over $2 million of wealth from those who bought the coin on Uniswap to those who minted it using the app. The ETH deposited through the app went into a contract that contained no means of reclaiming the funds, leading critics to allege that the whole project was intended to drain funds from investors and send them to Cahen.In addition, coding experts began claiming that the token lacked a normal transfer function. Instead of only allowing the token owner to transfer it, PNDX allowed anyone to transfer tokens. This meant that each PNDX owner could lose their tokens at any moment, since any programmer could “steal” their PNDX using developer tools. On July 29, Solidity enthusiast and blogger Sm-stack claimed they ran a test in Foundry that proved this point.However, more than two months after the project’s launch, it continues to garner hundreds of supporters on Twitter, with replies to official posts routinely saying such things as “FEELS GOOD MAN” and “Best DEX, don’t see a reason for people to use other tbh.”Best DEX, don’t see a reason for people to use other tbh— Lemur (@OGLemur) September 28, 2023 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.APE Investors Disheartened as Its Price Dips 97% From ATH Huobi Guide & Exchange Review: How to Trade Options, ...Decentralization is one of the metaverse's distinguishing features. Traditional online platforms and games are frequently centralized, which means that the infrastructure and user data are controlled by a single firm. Decentralized virtual worlds, on the other hand, are built on blockchain technology and spread across a network of nodes, making them impervious to censorship and data manipulation. Since the beginning of the war that started on Saturday, over 800 Israelis have died and more than 2,600 people are wounded, with over 100 people kidnapped into Gaza.Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens

Exchange Rankings Crypto
Image: cyptoranking.com

*This is not investment advice.Web3 foundation plans to allocate $22 Million to Polkadot projects BTC is trading for $27,629 at time of writing. The top-ranked crypto asset by market cap is down more than 1% in the past 24 hours. What if I invested $1,000 in Bitcoin 5 years ago?StarkEx The estimated number of crypto traders dropped 3% to 6.06 million from the previous period’s 6.27 million traders.

The media buzz surrounding the memecoin sector has waned in recent weeks as investors switch focus to burgeoning asset classes such as Real World Assets (RWA) and SocialFi. As a trading strategy, it serves as a hedge to protect from the adverse effects of market volatility, ensuring the profitable sellability of assets in the future, whatever the market value. What is a Cryptocurrency Exchange?-Definition from TechopediaIn addition, the Dutch government has introduced a licensing system for cryptocurrency service providers, including exchanges and wallet providers. This licensing system, overseen by the Dutch Central Bank, ensures that these entities comply with strict anti-money laundering (AML) and know-your-customer (KYC) requirements. It not only adds a layer of security for users but also reinforces the government’s commitment to maintaining a transparent and compliant crypto ecosystem. Read more: Friend.tech announces new features following SIM-swapping attackBinance CEO Issues Warning on Fake Binance Scam Attempts

Volume on the layer-2 protocol has also surged over the same period. In August 2021, volume in terms of U.S. dollars sat at $12.1 million and 303 BTC. Fast forward to August 2021, and those numbers are now $78.8 million and 2,950 Bitcoin—translating to a 546% and 874% increase, respectively. Shiba Inu: Shibarium Launch and Robinhood's Holdings Buy bitcoin with a bank account in just a few easy stepsChainlink Automation: Smart and Secure The Daily Chart

Have an opinion on this story? Share it!