Over a million are owed money by failed crypto exchange - cyptoranking.com

From Wikinews, the free news source you can write!
Jump to navigation Jump to search

2024-05-04

Popular crypto exchanges(2023 Update) 2024-05-04
Image: cyptoranking.com

"I think that’s going to be very compelling and interesting, and obviously, we’re kind of starting slowly on that," Zuckerberg said in an interview with The Verge on Wednesday. First of all, margin trading gives access to exotic trading pairs that involve two paired cryptocurrencies. With this pair of coins, traders can speculate on its relative performance, instead of trading the coins. Over a million are owed money by failed crypto exchangeAxie Infinity Furthermore, the most recent block interval was 8 minutes and 2 seconds, and projections estimate a difficulty rise between 3.71% and 5.8% by October 16, 2023. Miners are currently grappling with reduced earnings per petahash, with current rates slightly above $61 per petahash daily.

Exchange Rankings Crypto
Image: cyptoranking.com

Traders will also want to take note of the fact that about $23.8 million worth of APT will be unlocked this coming Thursday. So far, the price of APT has dropped by 1.16% in the past 24 hours. This meant that the cryptocurrency was trading hands at $5.19. Along with its price drop, APT’s 24 hour trading volume decreased by 3.38%, settling at $41,034,861. The relatively lackluster performance of nine new Ether (ETH) futures exchange-traded funds (ETFs) has prompted analysts at K33 Research to urge a “rotate back” into Bitcoin (BTC).In an Oct. 3 market report, analysts Anders Helseth and Vetle Lunde said that it’s “time to pull the brakes on ETH and rotate back into BTC,” with the initial trading volume of Ether futures ETFs only accounting for 0.2% of what the ProShares Bitcoin Strategy ETF (BITO) amassed on its first day of trading in October 2021.While the analysts noted that no one expected to see initial trading volume on the Ether futures ETFs “come anywhere close” to that of the Bitcoin futures ETFs — launched amid a raging bull market — the underwhelming first-day numbers “strongly” missed expectations.Day one trading of ETH futures ETFs accounted for just 0.2% of what BTC futures ETFs amassed in 2021. Source: K33 ResearchThis lack of institutional appetite for Ether ETFs caused Lunde to walk back on his previous advice of increasing ETH allocation to best capitalize on the ETF hype.“The ETH futures ETF launch provides an important lesson for evaluating the impact of easier access to crypto investments for traditional investors: increased institutional access will only create buying pressure if significant unsatiated demand exists,” wrote Lunde.“This is not the case for ETH at the moment.”In the section of the report titled “More chop ahead,” Lunde explained that the vast majority of the crypto market lacks any meaningful short-term price catalysts and will most likely continue on its sideways trajectory for the foreseeable future.Related: Bitcoin bull market awaits as US faces ‘bear steepener’ — Arthur HayesIn Lunde’s view, this landscape is only really favorable for Bitcoin, which has a potential spot for ETF approval to look forward to early next year, as well as the halving event, which is currently on track for mid-April.“The gravitational pull in crypto for the time being stays in BTC, with a promising event horizon down the line, still favoring aggressive accumulation.”Ben Laidler, global markets strategist at eToro, charted a similar path ahead for crypto assets, albeit with a slightly more bearish sentiment.In emailed comments to Cointelegraph, Laidler pointed to current macro trends as a potential downward trigger for prices of mainstay crypto assets such as Bitcoin.“The Fed and oil prices have been consistently powerful macro influencers on the crypto market in the past couple of years,” wrote Laidler. “At the late stage of the rate hike cycle we’re in, the market is looking for further good news to push on, but with oil prices rising again, this could have a cooling effect on sentiment.”Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.Magazine: Blockchain detectives — Mt. Gox collapse saw birth of Chainalysis Buy Ethereum Online|How to Buy ETH InstantlySource: 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 CloneX is an NFT project that imbibes blockchain validation, augmented reality, and other emerging technologies to create digital artifacts that could transmit human consciousness to sophisticated clone forms. CloneX is based on the Ethereum blockchain and had an estimated market cap of 23,014 ETH, with a floor price of 1.112 ETH at the time of writing.

Regulatory Frameworks: It is critical to provide clear regulatory rules for virtual economies, taxation, and intellectual property in the metaverse. Last year, a Reuters report suggested that Binance allowed Iran to use its platform to bypass US sanctions established in 2018. Binance said it liquidated all accounts belonging to Iranians in the same year, a claim some Iranian users disputed. How to Buy Bitcoin in Mexico-2023 Beginner's GuideSource: Miguel Faus / TwitterWho says NFTs are dead? ‘Calladita / The Quiet Maid' - a movie funded by the sale of non-fungible tokens (NFTs), set to premiere at the Tallinn Film Festival - has secured a global sales deal. 'The Quiet Maid' is the first European feature film financed by the sale of NFTs. It is a debut film and a social satire by the Spanish filmmaker Miguel Faus. The world sales rights were picked up by the Iberoamerican company FilmSharks.Deadline reported that FilmSharks made the deal at Iberseries, an industry conference held October 3-6 in Madrid.The film won the Steven Soderbergh Foundation Grand Prize at the Sundance Film Festival.Steven Soderbergh is an American film director, producer, screenwriter, cinematographer, and editor, well known for movies such as the Ocean's trilogy and film franchise, 'Erin Brockovich', 'The Informant', 'Contagion', 'Haywire', 'Magic Mike', and others.In January, Soderbergh backed 'The Quiet Maid' with $100,000 from an on-chain fund and granted it the award through the Decentralized Pictures Foundation. Debuting in November"Over the moon to announce that the World Premiere of THE QUIET MAID / CALLADITA will be at TallinnBNFF in the First Feature Official Competition," Faus tweeted on October 6. Tallinn Black Nights Film Festival will be held November 3-19, while this particular film will debut on November 10. The production team includes Calladita Films, Potenza Producciones, and Decentralized Pictures. Cast features Paula Grimaldo, Ariadna Gil, Luis Bermejo, and Pol Hermoso. Per the description, the film runs for 90 minutes, following Ana from Colombia, who takes up a servant job in an art collector's luxury villa located in an affluent Spanish neighborhood in Catalonia. "In a few days, the seemingly ordinary villa turns into a rabbit hole and from its depths, Ana finds the courage to create chaos instead of order."It is based on a short film of the same title that Faus made in 2020, which premiered at Palm Springs Shortfest and Malaga Film Festival. It was subsequently acquired for streaming by HBO Max. Faus' previous short film from 2018, 'The Death of Don Quixote', won the Melies d’Argent for Best European Short Film at the Sitges Film Festival. Commenting on 'The Quiet Maid', Faus told Deadline that, "This is an important story, and we’re so glad to take it to an international stage."Federico Pascua, Senior Sales and Acquisitions at Filmsharks, described the film as a "gem" that caught the company's attention "because of its different cinema flavors, including a strong cinematic director's eye with a very accurate portrait of the social dissonance happening today that translates as a global matter."Meanwhile, Faus also announced a raffle of a Calladita NFT for those who spot every NFT appearing in the official trailer. ____Learn more: - New 'Dogumentary' Chronicles the Rise of Dogecoin- Margot Robbie Mocks Bitcoin, Labeling It a 'Ken' Affair, as Mattel Explores NFTs- Top 7 Bitcoin Documentaries To Watch in 2022- Ashley Benson Talks Fame, Hollywood, & Her New NFT MovieStarbucks Celebrates 20 Years of Pumpkin Spice Latte with NFT Collectibles Yuga Labs, the company behind Bored Ape Yacht Club NFTs, acquired CryptoPunks’ intellectual property from Watkinson and Hall in 2022, with the pair writing at the time that they weren’t well-suited to the “day-to-day management that these kinds of projects require and deserve.”

Ripple (XRP) price dropped below the $0.50 support level on Monday as weekly losses increased closer to 9%. Key on-chain indicators provide insights into how XRP price could trend in the coming weeks. This also includes a low age of destroyed coins. BNT showed similar signs before the upward movement. 5 Best Ways to Buy Bitcoin 2023 [Quickly & Safely]Tezos (XTZ) gained 6.09% in the past 24 hours to top the gainers’ chart on CoinMarketCap. The blockchain network’s token traded at $0.7029 at the time of writing, with a market cap of $671.7 million. Tezos is a smart contract-based blockchain protocol in the vein of Ethereum, with the additional aim of offering a more advanced infrastructure. The native token of the Tezos blockchain is XTZ. Data from CoinMarketCap shows that BNB has recorded a marginal gain of 0.27% in the past 24 hours. The gain is an uptick following steep declines in the token’s value over previous days. Its trade volume has also increased by 70.45% in the last 24 hours. At the time of press, the token is exchanging hands at $209.22 apiece.


Sister links

Sources

Bookmark-new.svg