Philippine SEC warns against unlicensed crypto exchanges amid FTX collapse - cyptoranking.com
2024-05-07
The overall objectives of the Bitcoin and Ethereum networks are dissimilar. Ethereum was designed as a platform to enable immutable, programmable contracts and applications via its currency. Bitcoin founders only intended it as an alternative to traditional cash, a means of monetary exchange, and a store of value. What is Binance Chain? Philippine SEC warns against unlicensed crypto exchanges amid FTX collapseDappicom functions as a Zero-Knowledge Virtual Machine (ZKVM) and is compatible with the MOS 6502 instruction set, a low-cost 8-bit microprocessor introduced in 1975 that became widely popular in numerous computing platforms, including NES. The ZKVM also incorporates elements of Rust programming. Gulf Stream is a mempool-less transaction forwarding protocol. A “mempool” is a contraction of memory and pool, and it is a cryptocurrency node mechanism for storing data on unconfirmed transactions.
The whale with the short name 0x02e deposited 360.7 thousand ($526.6 thousand) LQTY to the cryptocurrency exchange MEXC about two hours ago. Additionally, the clairvoyantlabs.eth wallet deposited 1.069 million USD ($1.34 million) to Binance in the last five days, making a profit of 460 thousand USD (52%). In an Oct. 6 thread on X, the anonymous account NFT Ethics tagged OpenSea asking them to respond to its accusations that their former head of ventures Kevin Pawlak is linked to the pseudonymous identity “0xSisyphus" and was involved in "various dubious business dealings." NSE plans derivatives based on bond indexes: Report|Mint6. Proof of Elapsed Time ZK networks daily active and transactions. Source: artemis.xyz
XRP (XRP) price is down today, mirroring declines witnessed elsewhere in the cryptocurrency market.On Oct. 10, XRP’s price dropped nearly 1.5% to $0.50, bringing its week-to-date returns to -4.5%. The token’s sell-off in the week mirrored bearish sentiments across the top-ranking crypto assets, with Bitcoin (BTC) and Ether (ETH) down 1.8% and 3.5%, respectively.XRP/USD vs. BTC/USD and ETH/USD daily price performance chart. Source: TradingViewLet’s take a close look at the catalysts moving XRP’s price lower today.XRP drops amid Israel-Palestine conflictCrypto traders have ditched most top cryptocurrencies in the face of an escalating Israel-Palestine conflict. XRP is no different.For instance, the crypto market’s total capitalization has dropped by over $32 billion since Hamas attacked Israel over the weekend. On the other hand, demand for traditional safe havens like U.S. Treasurys and gold has jumped. Crypto market vs. US 10-year Treasury and gold daily performance chart. Source: TradingViewCryptocurrencies’ immediate reaction to geopolitical conflicts has been mostly negative in the past. For instance, the crypto market’s valuation dropped over 11% when the Russia-Ukraine conflict broke out on Feb. 24, 2022. The market pared most of these losses shortly after. Big XRP inflows to crypto exchangesXRP’s decline this week further coincides with massive token transfers over the weekend and at the week’s beginning.On Oct. 9, an address associated with Ripple moved 60 million XRP worth about $30 million to an unknown wallet, data resource Whale Alert updated. Another wallet transferred over $15 million to the Bitstamp crypto exchange. 30,300,000 #XRP (15,214,882 USD) transferred from unknown wallet to #Bitstamphttps://t.co/TgqGDcIt2y— Whale Alert (@whale_alert) October 9, 2023 Checkmate says the metric is “the most responsive on-chain trend indicator” Glassnode has ever developed. Gemini: Buy Bitcoin & Crypto-Apps on Google PlayAXS is reshaping the GameFi landscape by providing a platform that merges gaming and finance. By rewarding players with AXS tokens for playing the game, Axie Infinity has introduced a new business model that benefits gamers and investors. Shiba Inu, which reached a market value of nearly $7 billion with the Shibarium launch, experienced a value loss of almost 40% after breaking its all-time high in recent times. After the period when whales made significant purchases, investors continue to exit due to the troubled process in Shibarium, accepting the loss.
VanEck posted a video on its X page Thursday — in tandem with a press release — teasing the “upcoming launch” of the VanEck Ethereum Strategy ETF. The company declined to comment further. The solution has the potential to dramatically increase speed and reduce the risks and costs compared to traditional foreign exchange (FX) trading and remittance networks. Best Crypto to Buy Now-Top 15+ ListTime to ‘pull the brakes’ on Ethereum and rotate back to Bitcoin: K33 report Museum of Applied Arts, Vienna became the first museum to acquire art using Bitcoin.
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