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2024-04-28

Popular crypto exchanges(2023 Update) 2024-04-28
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Blocknative, a provider of tools for transactions on the Ethereum blockchain, has recently undertaken a restructuring that resulted in a headcount reduction of just over 33%, according to CEO Matt Cutler. “There's a lot of hype, and I think that's the biggest thing with emerging technologies,” de Vries said. “Everyone always gets lost in the hype and the fear of missing out, and we have to do something, and we completely forget about the end user.” CoinGecko: Cryptocurrency Prices, Charts, and Crypto Market ...User-Centric Monetary Policy AWS head of startups Australia, John Kearney, told Cointelegraph that Immutable is a “great example of a local Aussie startup that has gone global” and reaffirmed the cloud provider’s commitment to expanding Web3 game development using its infrastructure.Immutable has been built with Amazon EventBridge and AWS Lambda, serverless services that use events to connect application components together. This has enabled the platform to “increase its scalability to handle a 10x increase in partnered games,” according to the announcement.Concerns have previously been raised about the centralization of gaming and Ethereum, along with the reliance on Amazon — the market leader capturing about a third of the cloud services market. Immutable product marketing lead Michael Powell alleviated some of those concerns, explaining to Fortune in an Oct. 11 report:“A lot of blockchain purists are very big into the idea of decentralization and that everything has to be on-chain and that’s a massive deviation from where game developers actually build.”Related: Immutable’s Gods Unchained launches on Epic Games StoreIn August, Immutable began public testing its zero-knowledge Ethereum Virtual Machine (zkEVM) in collaboration with Polygon Labs.According to the firm, the zkEVM will lower development costs for game developers while providing the security and network effects that come with the Ethereum ecosystem.Immutable was valued at $2.5 billion in March 2022 following a $200 million Series C funding round led primarily by Singaporean state-owned investment firm Temasek.Magazine: Singer Vérité’s fan-first approach to Web3, music NFTs and community buildingMeet the guerilla artist who staged a crypto ‘rug pull’ in front of the SEC

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The price of Binance Coin (BNB) has fallen by 0.17% since yesterday. Pros & Cons of Smart Contract Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto market looking for a catalystSui Chung: There is sort of back and forth. The academic literature leans toward that the futures market leads the spot market, that in fact, in price formation terms, there is a lead-lag, and the lead, most of the time, resides in the futures market. Read more: Could CBDCs, stablecoins shift institutional funding in emerging markets? Panelists weigh in

Meanwhile, the apparel line includes three tee shirts and a hoodie that similarly mash up the brands’ respective imagery. The virtual pet games and apparel will all be released on October 14 via BAPE stores and the fashion brand’s official website, and then through the Bandai Premium webstore starting October 15. "DAOs are also not best suited for operational scaling and they can often become a bottle neck as the protocol grows," the white paper notes. "What we will present is in line with the vision that DeFi should be organized into layers around trustless and open protocols like the Internet." Crypto exchange|Buy cryptocurrency on WhiteBITSource: AdobeThe U.S. derivatives markets regulator Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) protocols, Opyn, Inc., ZeroEx (0x), Inc., and Deridex, Inc. with offering illegal derivatives trading.According to an official statement released on Thursday, these allegations stem from the utilization of blockchain-based protocols and smart contracts by the three firms to function as trading platforms, a practice that the CFTC deems unlawful. In response, the CFTC has issued cease-and-desist orders to Opyn, ZeroEx, and Deridex while imposing financial penalties. Opyn faces a penalty of $250,000, ZeroEx $200,000, and Deridex $100,000. All three companies have chosen to accept these terms as part of a settlement to resolve the charges.CFTC Accuses DeFi Protocols of Offering Leveraged and Margined Retail Trading CFTC Director of Enforcement Ian McGinley underscored the regulator's stance on DeFi activities, stating, "Somewhere along the way, DeFi operators got the idea that unlawful transactions become lawful when facilitated by smart contracts. They do not."The CFTC's familiarity with ZeroEx could be attributed to its employment of Jason Somensatto, who joined the agency's financial technology research division in 2021 after his tenure at 0x Labs. He currently serves as the Head of Policy in North America for Chainalysis.The allegations against all three companies center on their illegal offerings of leveraged and margined retail commodity transactions using digital assets, according to the CFTC.Opyn, primarily associated with the oSQTH token, faces additional charges related to failing to properly register as a swap execution facility, designated contract market, and futures commission merchant. The company also neglected to establish a customer identification program in compliance with Bank Secrecy Act requirements. Deridex, based in North Carolina, faces similar additional violations.Opyn, ZeroEx, Deridex Cooperate with CFTC to Settle ChargesDespite these allegations, Opyn, ZeroEx, and Deridex are said to have cooperated fully in the CFTC's investigation, leading to reduced financial penalties as part of the settlement.An account linked to the 0x app Matcha announced on Thursday that "both 0x and Matcha continue to operate with no problem."One CFTC commissioner expressed dissent regarding the enforcement actions. Commissioner Summer Mersinger raised concerns about the lack of evidence of customer funds misappropriation or victimization by the DeFi protocols targeted by the CFTC's enforcement actions. She called for greater engagement with the public rather than punitive measures in cases like these.DYDX Token Receives Full Community Support for dYdX Chain Integration — Mike Kondoudis (@KondoudisLaw)

Photo by Frederick Warren on UnsplashThe U.S. Department of Labor released new data today showing a 0.6% increase in the consumer price index (CPI) for August. This is the largest monthly rise in U.S. inflation so far this year. The report showed that prices have gone up by 3.7% compared to August of last year, slightly higher than what economic analysts had predicted.The CPI is used to measure the average change over time in the cost of goods and services. Economic analysts, who were polled by Dow Jones, had predicted the increases to be 0.6% and 3.6% respectively.Energy Costs Contribute Significantly to US InflationWhen food and energy prices are set aside, the core CPI saw an uptick of 0.3% for the month and 4.3% year-over-year. This core index is given more attention by Federal Reserve officials because it offers a clearer picture of long-term inflation trends. During August, energy prices saw a rise of 5.6%, which included a substantial 10.6% jump in gasoline prices.Food prices went up by 0.2%, while the costs related to housing, which accounts for roughly a third of the CPI's weight, rose by 0.3%. The rent for primary residences increased by 0.5% and showed a 7.8% hike compared to last year. The owners equivalent rent, a metric that assesses what homeowners think they could charge for rent, rose by 0.4% for the month and 7.3% for the year.The report also revealed that airfares increased by 4.9%, although they are still 13.3% lower than they were a year ago. Prices of used vehicles, which played an important role in boosting the inflation rate in 2021 and 2022, dropped by 1.2% and are now 6.6% lower year-over-year. Transportation services experienced a 2% increase in August.Housing's Role in Inflation RateAccording to Lisa Sturtevant, the chief economist at Bright MLS, if housing costs were excluded from the CPI, the annual inflation rate would only be around 1%.“Housing continues to contribute an outsized share to the inflation measures,” Sturtevant said to CNBC. “Rent growth has slowed considerably and median rents nationally fell year-over-year in August. ... However, it takes months for those aggregate rent trends to show up in the CPI measures, which the Fed must take into account when it takes its ‘data driven’ approach to deciding on interest rate policy at their meeting ... later this month.”After the release of the inflation report, stock market futures initially dipped but later recovered. Treasury yields also saw an upward movement. Meanwhile, the rise in US inflation affected workers' earnings. Real average hourly earnings dropped by 0.5% in August, even though they are still 0.5% higher than last year.Federal Reserve's Approach to Tackling InflationRecent remarks suggest that Federal Reserve officials are in the process of developing a long-term strategy to address the issue of inflation. Since March 2022, the central bank has increased its benchmark borrowing rate by 5.25 percentage points to control inflation, which reached a peak not seen in over four decades last summer. Recent statements from officials suggest a more balanced view on the risks and a greater caution concerning future rate increases.“Overall, there is nothing here to change the Fed’s plans to hold interest rates unchanged at next week’s [Federal Open Market Committee] meeting,” wrote Andrew Hunter, deputy chief U.S. economist at Capital Economics.Market predictions for future Federal Reserve actions are fluctuating, with traders estimating about a 40% chance for another rate hike in November, based on data from CME Group.The latest data provides a comprehensive snapshot of where the economy stands with regard to inflation. While market reactions have been mixed, the figures underline significant shifts in various sectors, from energy to housing. Federal Reserve officials and market analysts will undoubtedly keep a close eye on these developments as they consider future policy actions. The fluctuations in sectors like housing and transportation services bring additional layers to the inflation discussion, making the coming months crucial for understanding long-term economic trends.Crypto Industry Turns to Customers Bank as Preferred Partner Amidst Collapse of Silvergate, Signature Blockchain sleuth ZachXBT also appeared to throw cold water on the accusations, saying the thread was “one of the most mid-curve” things he’d read. Where can I use Kraken?The tamper-resistant nature of blockchain technology extends to gaming outcomes, making it extremely difficult for third parties to manipulate results. While some online Casino may not fully rely on RNG, players can still verify the fairness of these games through third-party auditors. So could the structure of the DOTCOM cycle help us to determine a potential path for Bitcoin? First of all, I would like to emphasize the fact that market cycles in my honest opinion are one of the best ways to use rough price predictions and ascertaining when to enter and when to exit a particular market. But I really want to emphasize the word “rough”. There goes a saying, “history

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