Sebi allows FPIs in exchange traded commodity derivatives markets|Mint - cyptoranking.com

2024-05-05

Popular crypto exchanges(2023 Update) 2024-05-05
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Reality and Virtuality Collide in Torque Drift 2 The AR initiative, which first launched last year in Hong Kong, staged an activation over London Fashion Week at Selfridges earlier this month. Sebi allows FPIs in exchange traded commodity derivatives markets|MintOver the past year, crypto has been forced to overcome its resistance to centralized regulations. At the same time, victims of rug pulls and other scams have yet to enjoy the protection that centralized bodies supposedly provide. Former FTX CEO Sam “SBF” Bankman-Fried watched from the defense table as his former business associate and girlfriend, Caroline Ellison, testified at his criminal trial.According to reports from the courtroom on Oct. 10, Ellison admitted to fraud during her time at Alameda under Bankman-Fried’s direction. The former Alameda CEO reportedly placed the blame for misuse of FTX user funds directly on SBF, claiming he “set up the systems” leading to Alameda taking roughly $14 billion from the exchange.“Alameda took several billions of dollars from FTX customers and used it for investments,” said Ellison, according to reports. “I sent balance sheets that made Alameda look less risky than it was.”Ellison met Bankman-Fried through their jobs at Jane Street Capital, with SBF convincing her to leave the investment firm and join his crypto-focused endeavors. Reports have suggested the two had largely been out of contact following the collapse of FTX in November 2022. Sam Bankman-Fried included this photo with Caroline Ellison in a document he sent me, noting that she “was wicked smart,” but “deeply insecure.” CAROLINE TESTIFIES AGAINST SBF IN COURT THIS WEEK. pic.twitter.com/n9WXyBXfd1— Tiffany Fong (@TiffanyFong_) October 10, 2023

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“Bitcoin solves issues of high banking or transfer fees, or extreme and invasive government overreach and unfair treatment of Palestinians by international monetary organizations as in the case of PayPal,” Elsalameen stated. Source: AdobeStock / REDPIXELDecentralized social network Friend.tech has generated over $1 million in fees within just 24 hours of its release, outperforming well-established players like Uniswap and the Bitcoin (BTC) network.According to data from crypto data aggregator DefiLlama, Friend.tech has generated $1.12 million in fees within a single day, and a total of $2.8 million since its inception. As of now, the platform has accumulated $818,620 in total project revenue, facilitating over 650,000 transactions on the social platform with more than 60,000 distinct traders. The driving force behind this project is believed to be a developer operating under the pseudonym Racer. Racer has previously designed social media networks such as TweetDAO and Stealcam, both of which were based on non-fungible tokens (NFTs). With Friend.tech, Racer aims to attract crypto influencers with substantial fan bases, providing them the opportunity to earn royalties from trading fees. Additionally, the platform is also seeking to strengthen relationships between Web3 projects, venture capitalists, and important figures in the crypto industry.Launched as a beta version on August 11, Friend.tech allows users to tokenize their social networks by purchasing and selling "shares" of their connections. This feature enables individuals who acquire someone else's share to communicate privately with each other. Friend.tech applies a 5% fee on transactions, with the owner profiting from the trade spread. The project is built on Coinbase's layer-2 network Base.Friend.tech's Huge Success Sparks ConcernsThe massive success of Friend.tech has sparked discussions about its revenue model, risks, and future potential. Ignas, a pseudonymous DeFi researcher, has pointed out that the platform's current business model relies solely on trading fees and does not consider the number of shareholders involved. Additionally, he raised concerns that controversial personalities might exploit the system to earn higher fees or even use fear, uncertainty, and doubt (FUD) as a strategy. "So controversial personalities might earn more or even creating FUD will be used as a strategy to earn fees," the user said. Lux Moreau, the founder of Talk.Markets, also emphasized that the increasing prices of shares may lead to the formation of smaller groups or alternative group creations within the platform."As shares get sold, the prices also significantly increase. For example, the 500th member pays around 15.6Ξ, the 250th member pays 3.9Ξ, and the 100th member pays 0.625Ξ," the crypto veteran said in a tweet last week. More worryingly, Twitter user Spot On Chain has noted that Friend.Tech’s API can be used to extract sensitive data from the platform, like showing the wallets created by the users. Soon after the tweet, a core developer for Yearn Finance, published a list of 101,000+ users with their wallet address and Twitter username. Additionally, the developer claims that every user on the platform had (unknowingly) given Friends.Tech permission to post on their behalf on Twitter.DeFi Lender Exactly Protocol Exploited For $12 Million Buy Bitcoin (BTC) in Singapore with SGD with Lowest FeesThe Bitcoin tidal wave is coming, Mark Yusko says. The Canadian Bitcoin (BTC) mining company Hut 8 continues to accumulate self-mined BTC amid the ongoing merger deal with the industrial cryptocurrency miner, US Bitcoin (USBTC).

Technology has evolved over the years, ensuring that there is a perfect model for meeting every demand. As the world grows with many technological advancements, there is also a rising demand for privacy and data safety. Data can be used to prove who you are, however, this could reveal a lot of information. Crisis averted Buy Crypto with Chase Bank [2023]|Step-by-StepIn equities markets, the S&P 500 and Nasdaq rose a bit more than 0.5%, ignoring for a second day the possible negative effects from the Israel-Hamas conflict. Yield Protocol isn’t the only DeFi project to wind down in recent weeks. In September, Avalanche-based yield protocol GRO held a DAO vote to cease operations, and in July Algorand-based lending platform AlgoFi announced its closure in a blog post.

RPL’s volatility remained low, indicating the viability of major price fluctuations. In addition to its latest price drop, APE’s value was also down by 12.16% on its weekly time frame. However, the altcoin’s intraday trading volume stood at around $65,654,638 after it experienced a huge 225.92% surge since yesterday. Meanwhile, APE was ranked 82 among largest cryptocurrency with its market cap of $381,260,255. How to buy ETHHowever, when pressed for further details about the publication’s scope, Kusama declined to divulge additional information. Furthermore, Kusama refrained from providing specific timelines for the project’s release date. Instead, he offered the team’s customary teasers, “SOON.” In a related development, another trader Crypto Tony disclosed his targets for ETH over the next few months. According to Tony, ETH may lose much more than 20% of its value, and drop toward $870.

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