How much is $500 dollars in Dogecoin? - cyptoranking.com

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2024-05-05

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Blockchain’s transparency-enhancing features have also left an indelible mark on the iGaming industry, ensuring that fairness and integrity are upheld. Data obtained from Dune Analytics showed that the daily new user count, who visited the protocol and completed at least one transaction, has been declining since September 19th. Additionally, as of October 3rd, the decentralized social network gained 5,619 new users. The number of new users reached 17,000 on September 19th, representing a 67% decrease in new demand in the past three weeks. How much is $500 dollars in Dogecoin?Do you have anything to say about Binance Industry Recovery Initiative (IRI) or anything else? Write to us or join the discussion on our Telegram channel. You can also catch us on TikTok, Facebook, or X (Twitter). DOGE experienced price surges, reduced volatility. The community also planned an upcoming meme dog statue.

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Crypto and Web3 projects suffered a 153% increase in attack incidents from July to September 2023 compared to the same period in 2022, according to a report from blockchain security platform Immunefi. In Q3 2022, there were a total of 30 attack incidents. But in Q3 2023, this number swelled to 76. Nearly $686 million was lost in the recent quarter. Immunefi Q3 2023 report. Source: ImmunefiThe highest loss came from the Mixin hack on Sept. 25, which drained approximately $200 million. The Multichain hack was the second-worst attack of the quarter, resulting in over $126 million in losses that have still not been recovered. In addition to these incidents, the Lazarus Group drained over $208 million worth of crypto through multiple attacks, including hacks of centralized services CoinEx, Alphapo, Stake and Coinspaid. The Lazarus Group was responsible for 30% of all stolen crypto in Q3, the report stated.Related: Exclusive: Hackers selling discounted tokens linked to CoinEx, Stake hacksA small portion of Q3 attacks consisted of rug pulls and other scams. Only $23 million, or 3.3% of total losses, came from these types of incidents, whereas the remaining 96.7% came from hacks or exploits. Overall, monetary losses from scams in Q3 decreased by 23.9% compared with Q3 2022.The report stated that decentralized finance hacks accounted for 72.9% of total losses, while centralized services accounted for only 27.1% of exploit losses. Immunefi did not state how they defined “decentralized” versus “centralized” services.The two networks most targeted by hackers and scammers were Ethereum and BNB Chain. Ethereum represented 42.7% of losses, while BNB Chain represented 30.5%. Base and Optimism were the third and fourth most popular networks for attackers to exploit.The report provides further evidence that Q3 has been the worst quarter of the year for crypto-related hacks and scams. A report from CertiK on Oct. 2 came to similar conclusions.The economy is surging — which means it might be time to start buying Bitcoin Privacy and security: It is critical to protect user data and privacy in decentralized environments. Why won t Robinhood let me trade options?After the fork, a Nouns proposal went live that would burn, or liquidate, part of the Nouns treasury at given intervals if a sufficient amount of ETH was not spent, in essence forcing the DAO to regularly spend its treasury. Part of the rationale for the proposal outlined in a blog post was to eliminate the arbitrage opportunity by spending down the Nouns treasury and thus lowering the book value of each Noun. Continuous Purchase Rate: Burning a massive number of tokens, like 10 billion, in a short period may not impact the price significantly if there are far larger transfers and daily purchases happening. It’s not just about burning; it’s about maintaining a balance with the current purchase rate.

Source: AdobeInvesco and Galaxy Digital aim to introduce a spot Ethereum (ETH) exchange-traded fund (ETF) as more and more asset managers continue to explore digital asset products.In a Friday post on X (formerly Twitter), Bloomberg ETF analyst James Seyffart revealed that the two asset managers have filed for a spot Ether ETF, dubbed Invesco Galaxy Ethereum ETF. Per the firm’s S-1 registration statement, the Invesco Galaxy Ethereum ETF will “reflect the performance of the spot price of ether” by holding units of the cryptocurrency with a separate custodian, who is yet to be identified. The filing detailed that Invesco is the sponsor, while Galaxy Digital is the “execution agent,” which will sell ETH to pay the Trust’s expenses.Invesco and Galaxy join a growing list of investment managers seeking regulatory approval for a spot ETH ETF.The SEC recently extended the deadline for decisions on previous applications from ARK 21Shares and VanEck until December 25-26.The commission said that it required more time to consider the proposed rule change and the related issues.Future Ether ETFs Could Come Next WeekWhile a spot Ether ETF may take some time to materialize, futures-based Ether ETFs are expected to become available as early as next week. Investment firms have already begun preparing to add ETH futures vehicles to their portfolios. VanEck, for example, has announced its upcoming Ethereum Strategy ETF (tickered EFUT), which will be listed on the Chicago Board Options Exchange in the coming days.Valkyrie, another company in the space, plans to offer exposure to Ether futures through its existing Bitcoin Strategy ETF, now rebranded as the Valkyrie Bitcoin and Ether Strategy ETF. Bitwise also submitted an updated prospectus for their equal-weight Bitcoin and Ether futures ETF on September 28, with expectations of going live next week. Additionally, Kelly ETFs has partnered with Hashdex to deliver futures Ether ETFs in the near future.Like spot bitcoin ETF, the SEC has yet to approve applications, citing concern over market manipulation and investors' vulnerability.However, it appears that future ETH ETFs have a higher likelihood of receiving approval from the SEC.Futures ETFs would directly invest in futures contracts traded on the Chicago Mercantile Exchange (CME) rather than in the underlying smart contract asset. The regulatory body views futures ETFs as a commodity that can be monitored by the CME, giving investors protection against price manipulation.  In fact, reports have suggested that the SEC may commence approval of Ether futures ETFs in early October, which has generated significant interest among asset managers eager to participate.At the time of writing, Ether is trading positively at around $1,600, driven by the enthusiasm surrounding the introduction of futures ETFs.  VanEck Prepares to Launch Ethereum Strategy ETF in CBOE US SEC Would Likely Let Ethereum Futures ETFs Go Live Next Week: Bloomberg Intelligence Analyst New Cryptocurrency Exchange Launched in DubaiCampbell served Ripple for two years and seven months as the CFO. Despite the market downturn, Web3 gaming has been receiving ongoing interest from investors in the blockchain technology space.

Fang also mentioned that OK Group recently sunsetted the “Okcoin” brand and product in a few regions, including Latin America, the Middle East and North Africa, South Asia, Hong Kong and other regions. After weeks of declining prices, Shiba Inu holders are now bracing for major sell-action. Investors moved 1 trillion SHIB tokens into crypto exchanges this week, according to on-chain data compiled by CryptoQuant. the best cryptocurrency to invest inIs Dogecoin ready to soar? In modern-times hacks and data breaches are usual, and blockchain has proven, to this point, to be unhackable and immutable. Since the metaverse is entirely virtual, the platform needs high-end security from intruders.


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