CURRENT AFFAIRS 2019-Page 650-Google Books Result - cyptoranking.com

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2024-04-26

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A standout feature of the new protocol is its integration of mevETH, a novel liquid staking token (LST) launched last month. Manifold Finance serves as the infrastructure partner for mevETH. As the world dives deeper into the blockchain and digital currency era, a new sector emerges with incredible potential to revolutionize the gaming industry. This sector is known as GameFi. Combining the elements of decentralized finance (DeFi) and online gaming, ‘GameF’i’ offers an exciting avenue for gamers and investors. CURRENT AFFAIRS 2019-Page 650-Google Books ResultIn the short-term, he targeted a revisit of the $26,500 zone again before attempting another push higher leading up to next year’s halving.  During the cross-examination of FTX co-founder and former CTO Gary Wang, Bankman-Fried's lawyer, Christian Everdell, faced interruptions from Judge Kaplan when he persisted with repetitive questioning.

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Image Source: PixabayA rapidly growing decentralized Twitter competitor, Nostr, is collaborating with Zebedee to design a new social media. This move would enable interoperability between Zebedee's ZBD app and Nostr apps. Zebedee is a New Jersey-based video game payment platform with over one million Bitcoin wallets, supported by a $46.5 million VC fund. Nostr protocol’s innovation allows users to send each other small tips tagged zaps (tiny fragments of bitcoin) instead of the traditional social media content “likes.”Introducing Zebedee’s Nostr-powered Innovative Decentralized Social App The latest partnership allowed Zebedee to move its ZBD application to Nostr, enabling users to seamlessly move from the app to other apps available on Nostr. The new development introduces a different concept from the conventional social media nitty-gritty. Unlike the conventional social media networks that control user identities, ZBD integration with the open-source Nostr protocol underscores decentralization. It could also increase ZBD app adoption since it potentially allows 18 million registered Nostr users to join the app.In a statement, Andre Neves, CTO and co-founder of Zebedee, said: "The ZBD app is now a Nostr client with full capabilities.”According to reports, Twitter’s estimated value has reduced since Elon Musk acquired it for $44 billion in October 2022. As a Twitter competitor, Nostr's ability to allow users to send Bitcoin from one social app to another, including their identities and followers, gives it a competitive edge. As such, Nostra could be at the center of attraction for unsatisfied Twitter users. "Zaps are inherently part of the social experience here. So individuals can support their content creators," added Neves. “It's no longer just an influencer's game. You can support and receive support from anyone, anywhere, because this is the Nostr protocol. It works across other apps as well as Zebedee,” he saidZBD App Already Gaining Traction Zebedee started in 2019 as a platform that helps video game developers pay small amounts of Bitcoin to their users. The firm has 70 employees with 220 developers who build apps that support Bitcoin transactions using the Lightning Network.Among the early ZBD users are music streaming service provider Wavlake, Podcasting platform Fountain, and soon-to-launch music streaming app, Gesso. Notably, Gesso will allow its followers to earn Bitcoin by listening to music and podcasts. The new ZBD social app is already gaining traction among top industry players, including Fumb Games. Paul West, CEO of Fumb Games, a UK-based gaming company with 100,000 Discord followers, commented on the development. West said building with ZBD will pay off since his company can take any followers he gets on the app to competitors in the future. It is worth noting that Fumb Games partnered with Zebedee in April 2022 to add real Bitcoin rewards to its Bitcoin Miner game.Fitness App Sweat Economy to Decide Fate of 2.5 Billion Abandoned Tokens Source: Pixabay / Miloslav HamrikVanEck has announced that it will donate 10% of all profits from its upcoming Ethereum (ETH) futures exchange-traded fund (ETF) to the Ethereum core developers for a period of ten years. The beneficiary of this initiative will be The Protocol Guild, a group comprising more than 150 developers who are responsible for maintaining Ethereum's core technology, the asset manager said in a recent post on X (formerly Twitter).VanEck said that it is only fair for asset managers to give back to the community that builds and supports the crypto protocol. "Thank you, Ethereum contributors, for nearly a decade of relentless building & ongoing stewardship of this common infrastructure," the company wrote. The company expressed its hope that other asset managers and ETF issuers would also consider adopting a similar approach.This move by VanEck aligns with the growing trend of crypto-native communities supporting the Ethereum network. Notable contributors include Lido Finance, Uniswap, Arbitrum, Optimism, ENS Domains, MolochDAO, and Nouns DAO. According to a public dashboard tracking donations to the Guild's mainnet, over $12 million has been generated from 4,846 contributions. These funds are distributed among the Guild's members based on a weighted ratio determined by their contribution periods.VanEck unveiled its upcoming Ethereum Strategy ETF (EFUT) on September 28, which will invest in ether futures contracts. The fund will be actively managed by Greg Krenzer, the head of active trading at VanEck, and is set to be listed on the Chicago Board Options Exchange in the near future.Investment Firms Rush to Launch Ether FundsIn addition to VanEck, other traditional investment firms are also planning to offer exposure to Ether futures. 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.Most recently, Invesco and Galaxy Digital filed for a spot Ether ETF, dubbed Invesco Galaxy Ethereum ETF. Notably, the United States Securities and Exchange Commission (SEC) recently delayed its decision on approving a spot Ether product until December.However, there are speculations that futures-based Ether ETFs are expected to become available as early as next week. 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."Hearing the SEC wants to accelerate the launch of Ether futures ETFs (bc they want it off their plate bf shutdown) so they've asked the filers to update their docs by Fri pm (no small task to jam into 48hrs, esp for indie issuers), so they can go eff Mon and trade Tue," ETF analyst Eric Balchunas wrote in a recent post on X.Invesco and Galaxy Pursue Spot Ether ETF Application Fixed Income and Foreign Exchange DisclosuresAccording to the CEO of CryptoJungle, Ben Samocha, the group’s aim is to provide immediate aid: Billy Markus and Jackson Palmer created Dogecoin in 2013 as a sort of Trojan Horse to introduce cryptocurrency to a growing audience. They hoped to detach cryptocurrency from the dark web and make it more accessible by associating it with memes. Furthermore, they intended to poke fun at the cryptocurrency hype at the time.

Dr. Xinxin Fan, IoTeX co-founder and head of blockchain, told Blockworks that confidential computing is a hardware-backed security and privacy enhancing technology designed specifically for protecting data as it’s in use. The 2-Day Printing Extravaganza Best Cryptocurrencies To Invest In for 2023The weekly chart of the U.S. Dollar Index (DXY) shows an asset in a very strong uptrend. Since the bottom at 99.5, reached in July 2023, the DXY has generated 11 consecutive green bullish candles and is just closing in on 12. CryptoNight was designed to give CPUs and GPUs an equal opportunity to mine blocks and discourage ASIC miners’ use.

As the crypto space continues to capture the interest of investors and traders worldwide, such transactions serve as a reminder of the ongoing innovation and evolution within the industry. Cryptocurrencies and blockchain technology are reshaping the financial landscape, and each Wintermute transfer contributes to the growing narrative of digital assets as a formidable force in the world of finance. According to a statement issued to Decrypt by Gucci, a “‘Digital First’ imperative and ‘test and learn’ approach” are key to its business strategy. Major Crypto Exchange Acquires Full Regulatory Approval ...Today, the most broached topic is “Metaverse,” as if it’s the next thing that will alter human lifestyles in the digital world. However, the metaverse is a trending topic and a prominent buzzword in technology, finance, and the business industry. 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?


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