How To Make Money From Crypto Arbitrage in Nigeria - cyptoranking.com

2024-05-03

Popular crypto exchanges(2023 Update) 2024-05-03
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(ETH) this week has dropped to a fresh 15-month low relative to BTC amid slumping blockchain activity on Ethereum and dismal investor interest for newly listed futures-based ETFs in the U.S. Source: MoonPayCrypto payments infrastructure firm MoonPay has unveiled a new feature in its app that enables users to swap one cryptocurrency for another. "Introducing Swaps! Unlock the value from the assets you already own by swapping over 1,500 trading pairs," the company said in a recent post on X (formerly Twitter).The new feature expands the functionality of MoonPay's retail-facing crypto app, which was launched in May and initially allowed users to purchase cryptocurrencies and manage multiple wallets within the app.MoonPay claimed that the swapping feature has been optimized to enhance efficiency.Instead of relying on smart contracts, which can be costly due to their complex operations, MoonPay executes the swaps through two sends: one for receiving the deposit and another for sending the quoted amount. This approach reduces the gas required for the swap, making the process more streamlined and cost-effective, as explained by Ivan Soto-Wright, co-founder and CEO of MoonPay.With a claimed customer base of 16 million users worldwide, MoonPay has been expanding its business beyond its core payments infrastructure model. Alongside the app and non-fungible tokens (NFTs), MoonPay launched a venture capital unit in August, aimed at investing in early-stage web3 and fintech startups. Additionally, MoonPay made its first acquisition earlier this year, acquiring the web3 creative agency Nightshift to assist brands in offering web3 features.MoonPay Gathered Attention After Raising $555 MillionThe company garnered significant attention and investor support in late 2021 when it raised $555 million in a Series A funding round led by Tiger Global Management and Coatue, resulting in a valuation of $3.4 billion. Reportedly, as part of this funding round, Soto-Wright and other MoonPay executives cashed out $150 million by selling their shares. Shortly after the funding announcement, Soto-Wright acquired a $38 million mansion in Miami.However, MoonPay has faced legal challenges in the past. In December 2022, the company was hit with a class action lawsuit alleging its involvement in a conspiracy with Bored Ape NFTs creator Yuga Labs and several celebrities to artificially inflate the value of NFTs. Additionally, in June 2023, it was claimed that MoonPay gifted valuable Bored Apes NFTs to celebrities as a promotional strategy. MoonPay denied the allegations of providing celebrities with free Bored Apes but did not provide further details.MoonPay's new addition comes as payment giants continue to expand their suite of crypto products and services. Back in August, PayPal announced that it is rolling out its PYUSD stablecoin soon. The dollar-pegged asset is issued by Paxos, a blockchain infrastructure firm that used to issue Binance USD (BUSD) stablecoin.Last month, Coinbase also received regulatory approval to offer perpetual futures trading services to retail customers outside the United States. Hamas Received $41 Million in Crypto in Lead Up to Attack on Israel How To Make Money From Crypto Arbitrage in NigeriaEthereum Foundation Sells 1700 ETH to USDC The #Ethereum Foundation (EF) sold 1700 ETH to #USDC on October 9, 2023. This move has sparked speculation in the crypto market, with some blaming Vitalik Buterin, the co-founder of Ethereum, while others blame the EF itself. #LacePlatform 1.6 is even easier to use. You can now customize your #multistaking ratios by percentage, from one easy-to-use interface. Plus you can view all your selected pools at the top of the Browse Pools tab + other fixes. Read the latest now. https://t.co/cIVyPqqnEi pic.twitter.com/5j7TO9xon9

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Here's my conversation with Mark Zuckerberg, his 3rd time on the podcast, but this time we talked in the Metaverse as photorealistic avatars. This was one of the most incredible experiences of my life. It really felt like we were talking in-person, but we were miles apart 🤯 It's… pic.twitter.com/Nu8a3iYWm0 Some notable examples of authorized cryptocurrency exchanges in the UK include Coinbase, Binance and OKX, which recently adopted to the regulations. These platforms have diligently registered with the Financial Conduct Authority (FCA), demonstrating their commitment to compliance with UK crypto regulations. What are decentralized exchanges,and how do DEXs work?Max Keiser is a long-standing advocate of Bitcoin, claiming that all other cryptocurrencies, including Ethereum, are a scam and should be banned. He supports the SEC crackdown on multiple crypto exchanges and Gary Gensler stating that all cryptos, aside from BTC, are unregistered securities. FT has outpaced DeFi majors like Lido, Maker and Aave in daily rev/tvl since launch by a factor of over 100…Revenue / TVL indicates both an optimized business model execution while also acting as a predictive indicator of a platform’s ability to generate sustainable revenue.

“No one is really expecting employees to really work right now, or to be like 100%,” Tal Shalom, a partner at Collider Ventures, a venture capital firm that invests in Israeli Web3 companies, told CoinDesk. The OX project was founded as an exchange to facilitate trade in crypto bankruptcy claims for entities like Celsius, FTX and 3AC. It was meant to play a crucial role in the public rehabilitation efforts of co-founders Kyle Davis and Zhu. Robinhood launches fiat-to-crypto on-ramp for self-custody ...Despite these claims, Axos began accepting Binance US-related deposits in January 2023. According to CoinShares, the volumes of crypto exchange-traded products (ETPs) also surged by 37% last week, reaching $1.1 billion. Bitcoin (BTC) volumes also rose 16% on trusted exchanges, the report notes.

“As one of the world’s most recognized payment platforms, PayPal has a responsibility to ensure its services and operations are provided in a non-discriminatory manner and in accordance with the United Nations Guiding Principles on Business and Human Rights,” the letter reads. (ETH) this week has dropped to a fresh 15-month low relative to BTC amid slumping blockchain activity on Ethereum and dismal investor interest for newly listed futures-based ETFs in the U.S. How to buy ETHFaus soon after leveraged the 15-minute film to sell NFT passes, in the aim of raising funds for a feature-length version of the same story. The NFTs were a success, raising a $750,000 production budget; they offered holders behind-the-scenes access to the film’s production as well as control, via a decentralized autonomous organization (DAO), over a portion of the film’s eventual proceeds. “But at the end of the day,” he says, “it’s not actually that complicated. You just make a really great game. Gamers will start to play it and they’ll just start to interact.”

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