dYdX is a decentralized protocol for cryptocurrency derivatives - cyptoranking.com

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2024-03-28

Popular crypto exchanges(2023 Update) 2024-03-28
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However, after nearly a year, the project seems to be falling, with less than $30 million in funds raised. Amidst the protracted crypto winter and the ongoing regulatory struggles, even the crypto giants face difficulty sustaining their development, failing to invest in the IRI project. Though many billionaire companies joined the venture with the commitment of millions in funds, none of them neared Zhao’s expectations. Source: AdobeStock / PR Image FactoryIn a significant crypto heist, an unknown individual has reportedly lost access to a staggering $24 million worth of crypto from their Ethereum wallet.The incident, believed to be the result of a phishing scam, stands as one of the largest individual crypto thefts to date, crypto news outlet The Block reported on Thursday.The stolen assets included 4,851 Rocket Pool ETH (rETH), worth some $8.5 million, and 9,579 Lido Staked ETH (stETH), amounting to around $15.6 million based on current prices.The victim's digital wealth was drained from the Ethereum wallet in a swift manner, which shows just how targeted and professional crypto-focused phishing scammers have become.IT security firms such as Beosin and BlockSec have analyzed the incident and have pointed towards phishing tactics as the likely modus operandi.According to these experts, the victim appears to have fallen for a phishing scheme that led them to unwittingly authorize malicious transactions from an Ethereum wallet.Phishing scams common in cryptoPhishing attacks typically involve deceptive emails, texts or phone calls where victims are tricked into giving away sensitive information.These types of attacks are among the most common ways people lose funds to malicious actors in the crypto world.In this specific case, interaction by the victim with a malicious smart contract resulted in the unauthorized transfer of crypto to the attacker.Shortly after unwittingly giving the green light to transfer funds to the attacker, the stolen digital assets were moved to an address cryptically labeled "Fake_Phishing186943," as confirmed by data on the Ethereum blockchain explorer Etherscan.“There are reports that this address was used in a Phishing scam. Please exercise caution when interacting with it,” Etherscan writes about the specific address in a warning to users.Tornado Cash Co-Founder Roman Storm Maintains Innocence in Money Laundering Case – Here's the Latest dYdX is a decentralized protocol for cryptocurrency derivativesAlongside the funding news, Proof of Play announced Thursday that it is starting to roll out free-to-play access to the game, which means players will be able to create a free character without owning an NFT. However, NFT owners get various added benefits over free players. The free-to-play version is designed to be a more casual experience suited for a broader audience. Galaxy Trading added that a similar cycle could see a Bitcoin “dump” or bottom around November 10–15.#BTC #bitcoin 2022-2023 bottom We had (for now) bottom at 9th November 2022If we see similar cycle we might have the dump - bottom for 2023 around 10-15th November this year. https://t.co/iNikAekfjq pic.twitter.com/6SmTs5mIVB— GalaxyTrading (@GalaxyTrading_) October 9, 2023

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Speaking to Cryptonews, Lavecky explains why an Australian CBDC is “some years away,” as confirmed by the Reserve Bank of Australia (RBA) in August. He also stresses on addressing challenges including legal, regulatory and operational, before considering a CBDC launch. Samocha is among Israeli crypto-industry workers who are suddenly scrambling to deal with a crisis of a magnitude they haven’t witnessed in recent memory. He’s helped to organize an aid campaign to raise crypto donations, while dealing with the repercussions of the Israel-Hamas war, and trying to stay optimistic. What Is Trust Wallet and How Does It Work?Litecoin is still in a week-long price consolidation, with its daily Relative Strength Index (RSI) creeping toward the neutral threshold of 50 at the time of writing. But officers claim to have traced the coins to addresses based in Argentina and Peru.

Zero-Knowledge Succinct Non-interactive Argument on Knowledge (zk-SNARKs) is one of the validity proofs with a small size and can easily conduct proofs. SNARK creates cryptographic proofs using elliptical curves. These computing elliptic curves are less expensive compared to STARKs’ computing hashing functions. With the SNARK protocol, the gas fees are reduced compared to STARKs. Futures marking price minus initial figure purchase rate, multiplied by position size. 7 Best Crypto Exchanges to Buy Bitcoin for UK Investors in ...Some companies choose to engage with smaller, more specialized cloud service providers who can provide customized solutions and personalized assistance. These service providers frequently have the agility to quickly adjust to consumer requirements and industry-specific laws. Crypto startups keep raising capital despite tight liquidity and adverse macroeconomic conditions. September saw major developments in the space, such as Farmville co-creator Amitt Mahajan raising $33 million to create Web3 games and Animoca Brands disclosing $20 million capital acquired to push forward the development of its Mocaverse platform.In another related development, Blockchain Capital closed two new funds in September, with $580 million to be deployed in crypto gaming and decentralized finance projects in the coming months. Cointelegraph’s venture capital (VC) roundup reveals the latest projects raising capital despite the market’s long downward trend.Bubblemaps secures $3.2 million for data visualizationData visualization startup Bubblemaps secured 3 million euros ($3.2 million) in a seed funding round spearheaded by INCE Capital. According to the startup, the funding will be used to grow its team, recruit additional developers, and expand its social media marketing initiatives. Stake Capital, Momentum 6, Lbank, V3ntures, Nicolas Bacca of Ledger, Dyma Budorin of Hacken and French entrepreneur Owen Simonin also contributed to the funding. The company has the ambitious goal of becoming the Google Analytics of Web3. Partnerships have reportedly been set up with Arbitrum, Polygon, Avalanche and BNB Chain. We're thrilled to share the closing of 2 new funds – our 6th early stage fund and 1st opportunity fund.Together, they total $580 million and serve to reinforce our commitment to leading the global transition to decentralized, blockchain-based systems. ↓https://t.co/Vr2uYnGlF7— Blockchain Capital (@blockchaincap) September 18, 2023

Last week, as a guest on Impact Theory with Tom Bilyeu, Hayes made the case for why he believes Bitcoin (BTC) price will hit $750,000 to $1 million by 2026. “Sustaining above the 100-week mean at about $2,000 would be an initial sign of strength,” the Bloomberg Intelligence analysts added. Where to Buy Cryptocurrency in the USAAs highlighted in the graph, the Ethereum whales showed a temporary deviation phase when they bought at the bear market lows. Nevertheless, this accumulation was quickly reversed as the indicator resumed a sharp plunge soon after. Why is Ether (ETH) price up today?


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