Decentralized exchange GMX votes to use Chainlink low-latency oracles - cyptoranking.com

2024-05-09

Popular crypto exchanges(2023 Update) 2024-05-09
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“There is a need for central banks and financial regulators to gain firsthand knowledge of crypto asset and DeFi markets, and there is a dearth of reliable and tailored data for such purposes,” the team behind Atlas wrote. In a groundbreaking partnership, Oasis Network, backed by a16z, is collaborating with SYNTHR to introduce syROSE. This is a synthetic iteration of ROSE, the native token of the Oasis ecosystem. Decentralized exchange GMX votes to use Chainlink low-latency oraclesThe arbitrage strategy is deemed unsuitable for those with limited funds due to the associated transaction costs. This approach appears to be tailored for whales—large-scale investors who can afford the hefty fees. The crypto market has recently witnessed significant developments, notably relating to Ethereum ($ETH), Maker ($MKR), and InQubeta ($QUBE). On the one hand, Ethereum surges past a crucial threshold, while Maker shows signs of momentum. Simultaneously, InQubeta, the crypto of the moment, also exhibits a promising upward trajectory.This article will explore these exciting developments and why these tokens are altcoins to watch. Let’s dive in.InQubeta ($QUBE): A Promising Cryptocurrency to BuyInQubeta ($QUBE) is gaining traction for its forward-thinking approach. As an intriguing blend of blockchain and AI, it seeks to transform the novel but disruptive AI industry. To this end, it aims to become the first crowdfunding platform for AI startups via cryptocurrency. This revolutionary move will see AI developers raise funds through its utility token, $QUBE, which is poised to reshape the AI fundraising landscape. Consequently, investors' and enthusiasts' interests have been piqued, resulting in the raising of over $3.4 million in its ongoing presale.By building the world’s first crowdfunding platform specifically for AI startups, they will be able to raise funds by minting investment opportunities. These investment opportunities will be tokenized as NFTs and, in turn, fractionalized. Further, they will be equity-based; in other words, investors will enjoy profits when they flourish in the AI market.In addition, its other key appeal lies in its tangible utility. While $QUBE will be used for fundraising and investment activities, it will also serve as a governance token. Functioning in this capacity, holders will have a say in its future direction. Also, token holders can earn passive income by staking the token on the platform.With the presale ongoing, it represents a unique opportunity to become an early adopter of a disruptive project. Currently, the presale is in its fourth stage at $0.0133 per token. Meanwhile, industry experts predict it will soar by 2,500% in 2023, making it the best new crypto to invest in.Ethereum ($ETH): Substantial Increase in PriceEthereum ($ETH), the second-largest cryptocurrency by market capitalization, has achieved a significant milestone by surpassing a key threshold. This achievement highlights Ehereum’s popularity within the decentralized finance (DeFi) space and the crypto world at large. Moreover, it is the foundational platform for decentralized applications (dApps) and smart contracts. Therefore, it represents a top crypto to invest in.The uptick in Ethereum’s value can be attributed to a combination of factors. Notably, the debut of Ethereum ETFs in the United States played a pivotal role. In addition, the growing adoption of DeFi applications can be linked to the uptrend. With investor confidence increasing, Ethereum is expected to see a further spike in its price, making it a good crypto to buy.Maker ($MKR): A DeFi PioneerSimilarly, Maker ($MKR) is also a prominent player in the DeFi ecosystem. It is the governance token of the MakerDAO and Maker Protocol, which are both based on the Ethereum blockchain. Significantly, Maker’s value proposition revolves around allowing users to issue and manage the DAI stablecoin.Meanwhile, as a governance token, Maker gives holders voting rights over the development of the Maker Protocol. Furthermore, as one of the earliest projects on the DeFi scene, it plays a critical role within the landscape and is a great crypto to buy.Recently, Maker has shown notable signs of momentum. This can be attributed to the growth of the DeFi space and Maker’s pioneering role in the sector.ConclusionWhile Ethereum surpasses a crucial threshold after a substantial rally, Maker and InQubeta can be seen following the bullish trend. Ultimately, these projects play a critical role in the crypto scene. Hence, for investors who prioritize innovation and growth, these are the best coins to invest in.Visit InQubeta Presale Join The InQubeta Communities Chimpzee's Extraordinary Trail: From Presale to Preserving the Planet

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Source: AdobeStock / vadimalekcandrRoman Storm, co-founder of the sanctioned Ethereum-based crypto mixer Tornado Cash, has pleaded not guilty to charges related to money laundering and sanctions violations.Storm pleaded not guilty in front of a judge in the U.S. District Court for the Southern District of New York on Wednesday, Inner City Press reported on X the same day.According to the X account, “multiple terabytes” of materials from Dutch authorities, some of it encrypted, will be included in the upcoming court case.The account also quoted from the court case that there are “some classified materials” in the case, and that it involves several victims of hacks.In addition to money laundering and sanctions violations charges, Storm has been charged with conspiracy to operate an unlicensed money-transmitting business.Charged with helping Lazarus GroupThe most serious of the charges are those related to sanctions violations, which the DOJ alleges has been facilitated for North Korea’s infamous Lazarus Group of hackers.According to prosecutors, money from Lazarus Group that has passed through Tornado Cash has been used to fund North Korea’s nuclear weapons program.Storm was arrested in late August, and released on a $2 million bond shortly after.His Russian passport has been seized by the authorities, and he is restricted from traveling outside specific regions in the states of New York, New Jersey, Washington and California.Storm is a dual US and Russian citizen.Several arrestsRoman Storm was charged by the Justice Department (DOJ) together with his fellow co-founder Roman Semenov, who has yet to be arrested.The DOJ alleges that the two through their involvement in the crypto mixer has facilitated laundering of more than $1 billion.Tornado Cash was first sanctioned by the US government in 2022, with another of the protocol’s co-founders, Alexey Pertsev, getting arrested in Amsterdam almost immediately afterwards.Pertsev still remains in the country awaiting trial there.Today in Crypto: Avant Arte & Yuga Labs Set to Bring 10,000 CryptoPunks Into the Physical Realm, Pfizer-backed VitaDAO Launches Biotech Firm for Longevity Experiments on Animals In fact, blockchain gaming itself made up roughly 41% of all on-chain decentralized app (dapp) activity in July, DappRadar notes. Buy Tether USD (USDT)Bitstamp is discontinuing services in Canada starting January 2024. Gary Wang testified last Thursday that FTX attorneys were involved in the structuring and execution of the loans he received.

Amboss Wants to Solve the Bitcoin Lightning Network Liquidity Problem Binance Exchange announced the delisting of its XRP/BUSD in a blog post today. The news comes just days after XRP recorded its lowest transactional activity for 2023. How do beginners trade Ethereum?The Merge, a much-anticipated Ethereum upgrade, has already marked its influence on the ETH / BTC valuation. Ethereum’s weekly charts have been in a continuous downtrend following its implementation, creating further lows. I think the whole industry is struggling with use cases. There’s a lot of focus on speculative activity and trading, and with fragmented liquidity, it’s difficult to have a good trading menu, so everyone wants to consolidate and that’s why most liquidity is on Ethereum, fair enough.

Kazemian said once Federal Reserve interest rates started rising, he realized most stablecoins on the market were only built for low-rate environments — and Frax (FRAX) needed to track interest rates to stay relevant. Cryptocurrency analysis company Kaiko analysts examined the reasons for this situation in their latest report. Cryptoradar: Compare the Best Cryptocurrency ExchangesExtended the comment period In the long run, liquidity is the lifeblood of any market, and DeFi must embrace a profound tool like AI to grow healthier and more vibrant. Financial innovation that improves peoples’ lives is here today, so long as they feel confident using it.Introducing Ankr Liquid Staking, The Latest in DeFi Innovation

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