Top Crypto Exchanges Ranked by Trust Score - cyptoranking.com

2024-04-23

Popular crypto exchanges(2023 Update) 2024-04-23
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Source: Sam Cooling x XreschA vulnerability in the popular decentralized finance (DeFi) protocol Curve Finance has caused funds to be drained from a number of the protocol’s liquidity pools, while roughly $100 million remains at risk.In a tweet from Sunday, the Curve team said that “a number” of its pools that uses version 0.2.15 of the Vyper programming language have been exploited due to “a malfunctioning reentrancy lock.”“We are assessing the situation and will update the community as things develop,” the team added.In a follow-up tweet on Monday, the Curve team listed all pools that have been hacked so far as result of the vulnerability.It also warned users to withdraw all funds held in the Arbitrum Tricrypto pool, which holds USDT, WBTC and ETH tokens.As of now, as much as $100 million worth of crypto remains at risk in the mentioned Curve pools, representing a significant risk for the entire protocol’s reputation.Curve Finance, which is a decentralized exchange (DEX) for stablecoins that uses the automated market maker (AMM) model to manage liquidity, has traditionally been seen as one of the most solid projects in crypto.CRV token plummetsFollowing the recent events, however, the price of Curve Finance’s native CRV token has plummeted in the market.As of press time on Monday, the token was down 12% for the past 24 hours alone, and down more than 15% for the past 7 days.Over the past 12 months, the CRV token has lost more than half of its value, while other major cryptoassts like Bitcoin (BTC) and Ether (ETH) have risen in price.CRV token price past 30 days. Source: CoinGeckoThe vulnerability pointed to by Curve is the same type of vulnerability as DeFi protocols Era Lend and Conic Finance said was responsible for draining funds from them last week.Already, a white hat hacker has recovered 2,870 ETH, worth around $5.4 million, to Curve Finance following the recent hacking incidents.More Russian Banks Say They’ll Join Digital Ruble Pilot – CBDC Advances? The next leg of DeFi users Top Crypto Exchanges Ranked by Trust ScoreIf a bank wants to change the general character of its business, it needs to obtain approval from the Federal Reserve Board under Regulation H. Apparently, neither the Fed Board, nor the San Francisco Fed considered Silvergate’s pivot to crypto to have met that standard because neither of them required the bank to file an application under Regulation H. In addition to miner’s individual business choice and running a profitable operation, they also have to pay close attention to any and all updates that are being introduced to the Bitcoin protocol from the lens of how it might affect their business both from a short-term perspective and a long-term perspective – bringing us to the concept of drivechains proposal via BIP300/301. For a full rundown on the details of the proposal, please read the BitMex research team’s piece.

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In a recent tweet, Yyctrader narrated the harrowing incident that left his crypto portfolio compromised, expressing deep regret for his mistakes. Specifically, Yyctrader disclosed that his Friend.tech wallet had fallen victim to a phishing scheme, losing his entire Friend.tech portfolio of 22 ETH worth $34,958. In the Middle East and North Africa region, Chainalysis identified the UAE as one of the few countries where a larger portion of crypto activity occurs on decentralized exchanges (48%) compared to centralized exchanges (46%). Is it possible for Ethereum to hit $10,000?During the past year, we met and successfully demonstrated our solution to the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC). Canvas made the first FX transaction using eAUD. You might also like: Investors accuse Wintermute of facilitating Celsius wash trading

But if that resistance level caves, Shiba Inu’s price could rally toward the $0.00001 range. Let’s take a closer into each of those solutions. Bitcoin Decentralized Exchanges:Intro to CryptoWith Bankman-Fried's trial expected to last six weeks, concerns arise about the trial's efficiency and the potential impact on the jury's attention. As outlined in the post, the Bancor Network, a permissionless protocol that caters to open-source DeFi protocols, has seen a notable rise in its network metrics. This spans across high transaction volumes, active addresses, network growth, whale transactions, exchange inflows, and age destroyed (Consumed). This could be a predecessor to a rise in the BNT price.

It's noteworthy that despite being launched much earlier than most Ethereum layer-2 solutions in June 2020, Polygon is now facing direct competition from Optimism (OP) and Base. The price fell afterward, creating a long upper wick, considered a sign of selling pressure. This also caused a deviation above the $28,000 resistance area (red line). Cryptocurrencies ArchivesSince the smart contract is still somewhat new in this world, they still face some limitations. Some experts claim that the current limitations faced by these revolutionary technologies are just areas where the smart contract could improve. However, for now, let’s take a look at the current limitations faced by the smart contract: Retail investing community Wall Street Meme’s newly launched $WSM meme coin is in blast-off mode, up 3x since presale.In 24-hour trading volume, Wall Street Memes token is bigger than top meme coins Pepe and Shiba Inu.The token is up 56% at the start of the weekend at $0.071 for a market capitalization of $142 million.Early presale buyers are sitting on gains of nearly 3x after a 183% price surge, with the price set to kill a zero to reach $0.10, possibly in the next few hours. Those who bought when $SWM launched Tuesday on centralized exchanges such as OKX are sitting on a return of more than 100%.$WSM reached an all-time high to date of $0.089 at 7am UTC.$WSM is consistently trending in the top gainers on DEXTols and also on Coinmarketcap.Major Wall Street Memes product release coming in OctoberThe rapid price charge comes after Wall Street Memes teased the launch of its first product and a token buyback program that is set to launch in October via a post on X (formerly Twitter).Wall Street Memes is already backed by a 1.1 million strong social community that grew out of the meme stocks movement. Its mission to democratize finance and take on Wall Street is finding an eager following in the crypto space.Also, the project is being helped by the fact that Elon Musk has interacted with its X (formerly Twitter) account. There are even rumors that Musk may be one of the whale buyers of $WSM.Add to that the fact that $WSM has staking utility out of the box, unlike many throwaway meme coins that have no utility features.Buying interest is being further incentivized by the news that the team will be launching at least one major product in October and undertaking a burn program. There were murmurs about product launches during the presale, but it is now official.A product(s) linked to the $WSM token would boost its utility, potentially also boosting its demand, while a buyback program would decrease the $WSM token supply over time, increasing its scarcity and the value of remaining tokens.Visit Wall Street Memes HereTrading volume beats Shiba Inu and Pepe – more top exchange listings coming in 3 daysWall Street Memes has ratcheted up 24-hour trading volume of $79 million, currently beating Siba Inu on $74 million and Pepe on $70 million.As the market pulls in more traders, other big exchanges in addition to the likes of OKX and Huobi will be taking note.Prior to its first listing, there were rumors of a Binance launch. After $WSM’s explosive start to trading, that possibility is looking more and more like a near-term racing certainty.$WSM is trending as the top meme coin on OKX and a Binance listing could soon see it establishing itself permanently as one of the top dogs in the meme coin world.According to the countdown on the website, the next top-tier exchange listing is due in three days.Wall Street Memes $1 billion valuation could be a conservative forecastIn other words, the team’s avowed aim of attaining a $1 billion valuation could actually be a conservative goal.When Pepe launched on Binance it rocketed 2,000%. But, as mentioned, $WSM has utility that coins like Doge and Pepe lack. Even Shiba Inu, which has returned 26,000% for some early investors, has struggled to add a utility layer, as seen in its stuttering Shibarium launch.In addition to OKX and Huobi, MEXC, BitMart, LBank and Coinex have also listed $WSM, less than a week since launch.The more exchanges $WSM is available on, the easier it is for retail investors to buy the token, creating a bullish virtuous circle for the price.Regarding $WSM’s yield-bearing utility, 540 million token are staked, earning an annual percentage yield of 37%. So as well as capital appreciation, owners of the $WSM token can lock in a passive income stream, making the token doubly attractive.Traders should also note that Wall Street Memes is currently conducting a generous $50,000 airdrop competition, which can be entered on Gleam.As news about Wall Street Memes spreads like wildfire across the crypto space, it might not be too long before Elon Musk tweets about it. Either way, with a mystery major product launch coming soon, $WSM is the latest buzz coin in crypto.In market cap terms, Wall Street Meme is the 7th-largest meme coin.Buy $WSM on OKX HereAdd Meme Kombat and Bitcoin Minetrix to your portfolio for more $WSM-like gains Opportunities like Wall Street Memes don’t come around that often, but it could be that there is a purple patch of hot coins that could also be set for stellar launches.Meme Kombat ($MK) is one, on sale now for $1.667. This meme character battling platform, brings together memes in combat, allowing players to bet on the outcome. There really is nothing like it anywhere else in crypto, and it is in presale now. The project has raised $147,000, with an initial target of $1 million. You can buy Meme Kombat token today with ETH, BNB or USDT.Another promising project with a genuinely unique use case is Bitcoin Minetrix. It offers the world’s truly decentralized cloud mining. Simply stake the $BTCMTX token and earn credit, which can then be used to mine Bitcoin. No cash changes hands and everything is automated through smart contracts. Bitcoin Minetrix kills the scammers stone dead and is way more efficient route into mining for retail investors. $BTCMTX is priced at $0.011, and the project has raised nearly a quarter of a million dollars in days, so there’s no time to lose to invest in one of the most innovative projects in crypto right now.Visit Meme KombatVisit Bitcoin MinetrixDisclaimer: Cryptocurrency projects endorsed in this article are not the financial advice of the publishing author or publication – cryptocurrencies are highly volatile investments with considerable risk. Always do your own research. You may lose all of your capital.Wall Street Memes Surges 30% on Dextools After Stellar Launch While Latest Meme Coin Presale May Surprise You

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