Coinbase ranked safest crypto exchange, followed by FTX ... - cyptoranking.com

2024-04-29

Popular crypto exchanges(2023 Update) 2024-04-29
Image: cyptoranking.com

All of this is not to say that the death cross does not provide at least some valuable tell, though it’s an important reminder that this year’s death cross, as in 2022, should be measured against macroeconomic fundamentals and market sentiment. Ethereum's Supply Surges: $47 Million Worth of ETH Added in 30 Days Coinbase ranked safest crypto exchange, followed by FTX ...Proof of Play plans to open-source its tech for building fully on-chain games in an effort to let other creators develop their own games and apps using the same tools. Surveillance sharing agreements

Exchange Rankings Crypto
Image: cyptoranking.com

Metamask developer Consensys has made a formal request to extend the deadline for the implementation of the IRS broker reporting rules, as per a tweet from the company’s lawyer, Bill Hughes. Hughes revealed on Monday that Consensys had submitted a letter to the U.S. Department of the Treasury and the Internal Revenue Service (IRS), requesting two critical modifications to the proposed regulations. Bitcoin operates on an open and permissionless framework, allowing anyone to participate in the network and contribute to its development. This openness fosters a vibrant community of developers, miners, and users, propelling innovation at a rapid pace. In stark contrast, CBDCs are closed systems under governmental control. Lacking the open-source nature that fosters community-driven development, CBDCs resemble government intranets, such as those used by entities like the U.S. Department of Veterans Affairs or the UK's NHS, designed for specific user groups and purposes. The restricted and centralized nature of CBDC intranet hampers their ability to innovate at the speed of an open system like Bitcoin. Not yet ready for agri derivativesSource: AdobeStock/Rafael HenriqueMajor NFT marketplace OpenSea has introduced OpenSea Studio, a comprehensive platform designed to assist creators in launching and managing their NFT projects. The company unveiled the new initiative in a Tuesday blog post, saying that OpenSea Studio aims to streamline the operational aspects so that creators can focus on their artistic endeavors."We’re launching OpenSea Studio, a one-stop shop for creators to launch and manage their projects, all on the world’s largest NFT marketplace," the announcement read. With the launch of OpenSea Studio, creators now have full control over the entire NFT drop process, allowing them to configure allowlists, upload media and metadata with previews, and create dedicated project pages. The platform also enables users to mint NFTs directly into their personal wallets, expanding their creative possibilities. OpenSea Studio supports a wide range of OpenSea-compatible blockchains, which include Ethereum (ETH), Polygon (MATIC), Klaytn, Solana (SOL), Arbitrum (ARB), Optimism, Avalanche (AVAX), BNB, Zora, and Base.OpenSea Studio Touts User-Friendly InterfaceAccording to OpenSea, one of the standout features of OpenSea Studio is its user-friendly interface, which eliminates the need for technical expertise when launching NFT projects. It also allows collectors to mint NFTs using credit or debit cards, simplifying the acquisition process.The platform said it has plans to enhance OpenSea Studio with additional functionality in the coming months. Users can expect new collection pages that offer immersive multimedia experiences, including videos, images, and text modules. Furthermore, the platform will introduce improved features such as roadmaps and FAQs to enhance user engagement."This will allow all creators and brands to showcase their work on a richer surface, and make it easier for collectors to learn about projects, right on the collection page."OpenSea Continues to Expand Market FootprintOpenSea has been actively expanding its market footprint in the competitive NFT industry. Earlier this year, the marketplace introduced OpenSea Pro, a platform that aggregates listings from 170 different markets, offering traders the most competitive deals available. OpenSea Pro also provides live cross-marketplace data, delivering near-real-time updates on user and collection activity across all NFT marketplaces, making it a valuable tool for traders and collectors alike.While OpenSea continues to innovate and expand, it has faced challenges along the way. Recently, the marketplace experienced a security breach that potentially exposed users' API keys.It is worth noting that despite the setbacks caused by the 2022 crypto crash, Web3 continues to intrigue marketers, particularly in the activewear and luxury brand sectors. As reported, Byron Sorrells, CEO and co-founder of Dispatch, a platform facilitating friction-free purchases in various digital experiences, has said that the 2022 crash provided a much-needed distinction between speculation and the real utility of Web3 technology. Sorrells claimed that he sees Web3 as a technology that augments existing practices rather than entirely replacing them."It's a shame it took these big events for that to happen, but you do start to see that what's survived are some genuine use cases," he said. Rolling Stone Calls NFTs “Totally Worthless,” Sparks Diverse Community Reaction Garry Wang, the co-founder and former Chief Technology Officer of FTX, who also testified last week, told the jury that FTX" gave special privileges to Alameda Research to allow it to withdraw unlimited funds from FTX and lied about it." He further revealed that FTC repaid lenders, including Genesis, with customers' funds.

Standardization and interoperability: Another significant hurdle affecting blockchain web hosting is the need for consistent standards and cross-functionality. Various networks operate on different protocols and standards, making creating compatible solutions challenging. Another area for improvement is the difficulty in achieving compatibility with web 2.0, which predominantly follows a centralized model while web3 is decentralized. With web3 still in its infancy, internet users will still maintain usage of web 2.0 applications, and this incompatibility may affect web3 uptake in the foreseeable future. Nike’s Web3 unit .SWOOSH has unveiled its first physical sneaker line called the Air Force 1 Low TINAJ. Crypto and Clearances: An Updated Legal PerspectiveCrypto has had a sluggish year in terms of acquisitions and fundraises. This trend continued into the third quarter when two significant deals, anticipated to enhance the overall value, failed to close. As a result of its unique construction, each NFT can be applied to a variety of different applications. NFTs and their distinctive construction make them ideal for creating several applications. Due to their blockchain-based nature, NFTs can also function as identity management platforms in addition to removing intermediaries.

And you’ve got all these rollups. How will they be interoperable? We need standards for interoperability, and where’s a good standard for interoperability? Lo and behold — IBC on Cosmos. So, with the growing success of rollups, there’s a real opportunity for Cosmos technology to start to get integrated. Source: gameonfanapp / TwitterFantasy sports platform GameOn has partnered with the Spanish football league LALIGA to develop Web3 games for players in the US and Canada.GameOn announced its deal with LALIGA North America on Wednesday. According to the press release, the tech company will launch fantasy games based on real-world LALIGA players and matches.GameOn CEO Matt Bailey opined that this announcement "signals a new era for GameOn." GameOn stated that, "Fans will be immersed in a soccer experience like never before - collecting playable avatars, customizing and equipping gear, and playing in various game modes like Live Fantasy, PvP Battles, and Quests."Additionally, fans will have an opportunity to win exclusive prizes, including signed merchandise, VIP tickets, meet-and-greets, and even cash.LALIGA, meanwhile, will promote these games during in-stadium events, at watch parties, on social media, apps, the website, and email. GameOn will pursue further "meaningful relationships" with major leagues, the CEO said, adding that the team is "confident" it will see several new partnerships in the coming months.'Execution in Action'GameOn is a publicly listed technology company that builds non-fungible token (NFT)-based games, predictive gaming, and fantasy products. It aims to innovate "fan engagement through games and web3," helping its partners maximize fan engagement through NFT-based game products."GameOn can handle the entire stack of NFT creation, minting, and gamification," it says. The company has partnered with and launched games on Polygon and Hedera. Its partners also include NBCUniversal, Bravo, PFL, Karate Combat, the WNBA, Times Internet, DICK'S Sporting Goods, and Gaming Society.Per Bailey, "GameOn is focused on major league opportunities that leverage our scalable PLAYN3XT platform and drive highly-profitable revenue growth. LALIGA is our execution in action."LALIGA North America CEO Boris Gartner commented that the league's priority is connecting and engaging with fans across different platforms and products. GameOn allows the audience to interact with clubs and players "like never before," he said.LALIGA North America is a joint venture between LALIGA and sports media company Relevent Sports. It has exclusive representation of the football league in the US, Canada, and Mexico for all commercial and development activities, said the press release.LALIGA operates two competitions: LALIGA EA SPORTS, comprised of 20 clubs, including FC Barcelona, Real Madrid, Atlético de Madrid, and Sevilla FC, as well as LALIGA HYPERMOTION, Spain’s second division competition, which features 22 teams.It has a global community of over 200 million fans across 17 platforms in 20 different languages, the press release said. Its global audience exceeds 2.8 billion, and it boasts 90 media partners in more than 180 territories. ____Learn more:- Sports Platform Sorare Unveils 3D Digital Football Player Cards with AR Integration, Launches Virtual Treasure Hunt- Ukraine's Game4Ukraine Soccer Match Utilizes Metaverse for Fundraising- FC Barcelona Partners with World of Women for NFT Collection- Sports NFTs: What are They and Why are They So Popular?SEC Fines Stoner Cats NFTs Creator $1 Million for Securities Violation Trading Cryptocurrency: Exchange BasicsThe most recent adjustment (+0.35%) was an increase, as was the change (+5.48%) that transpired on September 19. A difficulty level of 57.32 trillion creates a significant obstacle for miners seeking to discover blocks. The amount of Bitcoin mined by Hut 8 in September is up around 8% from the previous month, but is still significantly lower than in May 2023, when Hut mined 147 BTC. The Bitcoin miner has seen its mining pace dropping significantly over the past year, as its monthly mining volumes dropped nearly 60% from 277 BTC mined in September 2022.

Have an opinion on this story? Share it!