Dogecoin to Pakistani Rupee on September 01, 2022 - cyptoranking.com

2024-05-05

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

Scalability A young entrepreneur who made mistakes while running a crypto empire or a liar who stole and used people’s money to enrich himself? In the first hours of Sam “SBF” Bankman-Fried’s six-week trial, that was the tone between his defense counsel and the prosecution.The former FTX CEO is facing a total of seven charges related to fraud and conspiracy to commit fraud. He could spend over 100 years in prison if convicted.At the trial, SBF appeared to be focused on his defense strategy, constantly checking his laptop and attorneys’ paperwork. As his defense counsel delivered an opening statement, he turned his focus toward the 12 jurors who will decide if SBF intentionally misused FTX customer funds or if mistakes were made in good faith.Related: Sam Bankman-Fried FTX trial — 5 things you need to knowTwo witnesses testified on the first day of the trial: Marc Juilliard, a French trader who lost 4 Bitcoin (BTC) worth over $100,000 in November 2022, and Adam Yedidia, a personal friend of SBF and a former employee of Alameda Research and FTX.FTX advertising campaigns, celebrity endorsements and SBF’s tweets are among the evidence being used by prosecutors to prove that SBF lied to customers while defrauding them. According to the defense, however, there’s nothing wrong with hiring Tom Brady for an advertisement and filing for bankruptcy during a market downturn.The third day of the trial begins around 10:00 am Eastern Time in a federal court in lower Manhattan, New York City. It will feature Yedidia’s second appearance in the trial, as well as FTX co-founder Gary Wang, who is a key witness.Cointelegraph is on the ground in New York with the latest updates on the trial. Follow live updates here. Dogecoin to Pakistani Rupee on September 01, 2022— Aman🔶Sai (@amansaiofficial) October 9, 2023 Binance’s spokesperson disclosed that 14 projects were financed but did not provide details, while $985 million was moved back to Binance’s treasury. The last deal under the IRI was in February.

Exchange Rankings Crypto
Image: cyptoranking.com

Formula E: High Voltage promotional artwork. (Formula E: High Voltage) Cryptocurrency mining is one of the ways in which blockchain networks can achieve distributed consensus and ensure that all transactions are following the protocol’s rules. However, crypto mining has fallen out of favor as of late and Proof-of-Stake cryptocurrencies have become increasingly popular. In fact, Ethereum has completely abandoned mining and transitioned over to Proof-of-Stake. How to mine cryptos including bitcoin and etherHuge global exchanges such as Binance and OKX ended trading of Terra tokens after UST lost its dollar peg, and LUNA further sinks by over 99%. However, Binance has since resumed trading in LUNA (LUNC). How Does an ICO Operate?

Decentralized social media (DeSo) application Stars Arena has caused a major uptick in activity on Avalanche’s C-Chain network.As network activity increased, so did the price of the network’s native AVAX (AVAX) token, which has gained more than 8% in the last 24 hours.Launched in late September, the Friend.tech-inspired Stars Arena has seen the total number of daily transactions on the Avalanche C-Chain — the blockchain component specifically designed for running smart contracts on Avalanche — grow by more than 186% over the past two days.Total Avalanche C-Chain network activity spiking 186% from Oct. 1. Source: Snowtrace.ioThe Stars Arena application has grown rapidly as well, with more than 10,000 unique active wallets on the platform. Over the course of the past two days, the platform has witnessed more than $3.26 million in total trading volume and a little over 462,000 transactions, according to data from DappRadar.Stars Arena has grown rapidly since its launch in late September. Source: DappRadarMeanwhile, data from DefiLlama shows that the platform has exceeded $1 million in total value locked (TVL). This, however, still pales in comparison to Friend.tech, which commands some $44.27 million in TVL.Like Friend.tech, Star Arena lets users link their X (Twitter) accounts to the platform. Users then use the AVAX token to purchase “tickets” of other users, with a small cut of fees being paid to the platform itself and the users when tickets are bought and sold.While purchasing a user’s ticket provides users with access to a private chat, unlike Friend.tech, Stars Arena features a public feed, so users can follow others without needing to front up large sums of money.Related: Decentralized social networks have a retention problem, say execsPseudonymous X user Wale.swoosh described Stars Arena as “superior to Friend.tech in a lot of ways,” with its public feed feature allowing users to be more social than they would on the Base-based DeSo app.I've capitulated in creating a Stars Arena account after seeing it all over my timeline.Won't shill my own ref link, but a few thoughts:Stars Arena is superior to Friendtech in a lot of ways and solves one of the main problems I had with FT.There is a public feed, so people… pic.twitter.com/S9KzPp3hqC— wale.swoosh (@waleswoosh) October 4, 2023 "Blur's calculated entry into the NFT space with a minimum 0.5% royalty fee, coupled with attractive airdrops and bidding incentives, struck a compelling economic chord with traders," said Brad Kay, analyst at The Block Research. "By slashing transaction costs, it boosted trader profits and siphoned off significant user activity from higher-fee platforms like OpenSea, where Yuga Labs had previously thrived." U.S. commodities regulator monitoring silver markets activity: acting chairmanCryptoNight is one of the fastest mining algorithms and part of the CryptoNote consensus protocol. “That’s not a secret: we are losing money on every subscriber,” Renski said.

Ethereum (ETH) price correlation to Bitcoin (BTC) has continued to widen since the mid-September reading, with the second-largest cryptocurrency by market capitalization now wandering on its own. With its bearish outlook, ETH has often rubbed longs the wrong way, compelling them to close their positions to avoid more severe losses. The advent of the Bitcoin network has led to the evolution of many other altcoins. Although Bitcoin is the guide for the creation of all other altcoins, each of these coins has its own working process. Nigerian Bitcoin Prices Skyrocket as ATMs Run Out of CashThe Proof of Play team includes members from several large gaming and web companies, including Epic Games, Zynga, EA, Activision and Google. Pro-crypto candidate for the United States presidency Robert F. Kennedy, Jr., often known simply as RFK Jr., announced on Oct. 9 at a rally in Philadelphia that he was dropping his bid for nomination in the Democratic primary to run as an independent instead. “I’m here to declare myself an independent candidate,” he said.Kennedy has been a supporter of crypto, and he stated that one of the goals of his administration would be “making America the global hub of cryptocurrency, particularly Bitcoin.” He revealed plans in July to back the U.S. dollar with “hard currency,” such as gold, silver, platinum and Bitcoin (BTC).Kennedy was also a vocal opponent of the Federal Reserve’s FedNow instant payment system, equating it with a central bank digital currency (CBDC) and stating in a Twitter (now X) post that “CBDCs grease the slippery slope to financial slavery and political tyranny” and that there was an “obvious danger that this is the first step in banning and seizing bitcoin.” The U.S. Federal Reserve Board later launched a public-awareness campaign to differentiate FedNow from a CBDC.I’m ready for tomorrow, are you? Catch my livestream from 12-2pm tomorrow:https://t.co/r40WRqz8zw pic.twitter.com/bSxVuNPL2U— Robert F. Kennedy Jr (@RobertKennedyJr) October 9, 2023

Have an opinion on this story? Share it!