Sebi allows introduction of options on commodity indices - cyptoranking.com

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

2024-05-10

Popular crypto exchanges(2023 Update) 2024-05-10
Image: cyptoranking.com

Riot Platforms CEO Jason Les said the contract has continued to provide a strong revenue source for the firm: This decline was exacerbated by negative news regarding the departure of a key co-founder and weak activity in Polygon’s zero-knowledge (ZK) rollup subnet. Sebi allows introduction of options on commodity indices— 3Commas (@3commas_io) October 8, 2023 "Morpho Blue externalizes risk management by making it a separate layer of the stack with unlimited permutations, versus the one-size-fits-all approach we see from today's lending services," Frambot said in an email to The Block. "Therefore, institutional players can integrate it into their own risk and compliance management systems. On their end, crypto risk managers could even rebuild the classic lending pool abstractions such as Aave, Compound, Spark, or Flux, but on top of a common trustless, efficient, and flexible primitive."

Exchange Rankings Crypto
Image: cyptoranking.com

The leading meme coin, DOGE, was the 3rd biggest loser in the cryptocurrency market during the past 24-hour cycle. At press time, CoinMarketCap data indicated that the altcoin’s price stood at $0.05913. This was after DOGE saw its value drop by 2.58% during the past trading day. The HOT price is approaching the point of convergence between the support and resistance trendlines. So, a decisive movement outside of the pattern is expected soon. Will Ethereum overtake Bitcoin?An X (Twitter) handle, @satoshi, has started posting actively on X since October 2. The account has been inactive since 2018, and the sudden posts aroused speculation that Satoshi was back. This analysis delves into the strategies and initiatives of top video game companies in embracing web3 and blockchain gaming, providing insights into their market approaches and the challenges they face.Minecraft bans Bitcoin P2E, iPhone 15 & crypto gaming, Formula E: Web3 Gamer

Data from DeFillama shows that the attacks led to the total value of assets locked on the platform dropping to less than $1 as of press time from $2.78 million recorded on October 7. The committee also asked those who promote NFTs to take responsibility to protect consumers.Top 5 NFT Collections to Look Out for in 2023 Do you actually own crypto on eToro?In a revolutionary move, Hong Kong is exploring the idea of launching its Stablecoin, HKDG, to rival established Stablecoins like USDT and USDC. As reported by Wu Blockchain, the proposal, co-authored by prominent figures in academia and industry, including Vice Chancellor Wang Yang and angel investor Cai Wensheng, aims to enhance Hong Kong's position in the digital currency landscape. By backing HKDG with its foreign exchange reserves, the government seeks to promote financial innovation and assert its leadership in the blockchain sector.The proposed HKDG Stablecoin represents Hong Kong's proactive approach to developing digital assets, starkly contrasting with countries like the United States and Singapore, which have gradually strengthened their digital asset policies. Hong Kong's acceptance and openness toward the digital asset market have placed it at the forefront of the global digital economy.Stablecoins are a bridge between traditional finance and the digital economy, making them a central focus of Hong Kong's digital asset development. By issuing a Stablecoin pegged to the Hong Kong dollar, HKDG, the government aims to boost transaction efficiency, reduce costs, and improve the existing payment systems. This move is expected to bolster Hong Kong's fintech capabilities and enhance the efficiency and inclusiveness of its financial system.However, the government's current plan allows private institutions to issue Hong Kong Dollar Stablecoins, which may limit their market share and overall impact. To counter this, the proposal urges the SAR government to take a bolder approach and issue a government-backed HKDG. Such an initiative would benefit from government regulation and the transparency provided by blockchain technology, providing more robust support for Hong Kong's digital financial leadership.HKDG: A Revolutionary Leap in Hong Kong's Digital EcosystemHong Kong's foreign exchange reserves, reaching a staggering $430 billion as of March 2023, have surpassed the combined market capitalization of leading Stablecoins USDT and USDC, which stands at $120 billion. This substantial reserve highlights Hong Kong's robust fiscal strength and positions it as a formidable player in the global financial landscape.The significance of issuing a government-backed HKDG cannot be overstated, especially as private institution-issued Stablecoins like the Singapore Dollar Stablecoin (XSGD) have not been able to challenge the dominance of US Dollar Stablecoins like USDT and USDC. By leveraging on the robust strength of the Hong Kong's foreign exchange reserves,, the government-backed HKDG would possess higher credibility and lower risk than its private counterparts.In terms of benefits, introducing HKDG can de-dollarize the digital asset ecosystem, paving the way for a substantial step towards reducing reliance on the US Dollar. The Stablecoin's issuance would also inject additional liquidity into the financial markets, supporting government investment projects and infrastructure development. Moreover, HKDG can facilitate the traditional digitalization of assets, expanding business scope, liquidity, and transparency while optimizing financial services for a broader audience.Assessing the Risks: HKDG's Benefits Outweigh the DisadvantagesDespite the potential risks, including legal and regulatory challenges related to cross-border transactions and technical risks like hacking and system failures, the benefits of HKDG issuance outweigh the disadvantages. The proposal's positive implications extend beyond the domestic sphere, as HKDG could aid in promoting the national key development strategy, supporting the "Belt and Road" initiative, and attracting international investment. HKDG can enhance Hong Kong's role as an international financial center and further boost its competitiveness in the global digital economy era by providing a more straightforward, convenient, and reliable method for capital circulation.As the debate on the HKDG proposal gains momentum, industry experts anticipate in-depth discussions and further research to evaluate its feasibility and potential implications. These deliberations could determine the trajectory of Hong Kong's financial landscape and potentially reshape the Stablecoin market globally.Binance Played a Crucial Role in Israel's Historic Counterterrorism Effort Against Iran and Hezbollah The logic behind Friend.tech asking for confirmation via a text message (to verify you can receive their texts) is flawed, as you wouldn’t be able to read their message in the first place if you didn’t have access to those texts.

Binance, the world's largest cryptocurrency exchange, announced in a statement that it will launch futures transactions for the altcoin called STRAX. An Industrial and Commercial Bank of China spokesperson said: Does Coinbase work in India?Bulls have an advantage if the RSI reading is above 50 and the trend is upward, but if the reading is below 50, the opposite is true. The first witness who took the stands was Marc-Antoine Julliard, a cocoa bean trader, who lost $100,000 as a customer with the FTX. He was under the impression that FTX had strong financials, especially because of celebrities and venture funds attached to the brand, and felt "extremely anxious" when he could not withdraw his funds from the platform. He further said that he did not know the platform borrowed his money.


Sister links

Sources

Bookmark-new.svg