OKEx Exec Calls Binance's CoinMarketCap Ranking 'Shameless' - cyptoranking.com

2024-05-10

Popular crypto exchanges(2023 Update) 2024-05-10
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XRP Price Prediction: Likely Consolidation Above $0.45 Source: Adobe/ymgermanNathaniel Chastain, a former manager at the non-fungible token (NFT) marketplace OpenSea, has made the decision to serve his three-month prison sentence for insider trading while his appeal is still pending.Chastain's lawyers submitted a letter to the New York District Court on Wednesday, informing the judge that their client had withdrawn his application for bail during the appeal process. Consequently, in accordance with the court's previous order and judgment, Chastain will voluntarily surrender himself by November 2 to commence his sentence while awaiting the outcome of his appeal.Back in May, the former OpenSea product manager was found guilty of wire fraud and money laundering in the first insider-trading trial involving NFTs.Chastain was accused of using confidential information to make thousands of dollars in profit by buying NFTs just before their listing on OpenSea's homepage, where their prices would immediately increase. Once the prices had increased, Chastain would then sell the NFTs at a profit, violating his duty to keep the information confidential. The government alleged that he made over $57,000 in profit from his illicit actions.Chastain Sentenced to Three Months in JailOn August 22, Chastain was sentenced to three months in prison for engaging in insider trading on the NFT platform. Additionally, he was ordered to pay a $50,000 fine and forfeit any illicit cryptocurrency profits derived from his trading activities on OpenSea.During the trial, prosecuting attorney Allison Nichols argued that Chastain was fully aware that he was violating the law by executing these trades through anonymous OpenSea accounts.Chastain had previously argued that NFTs aren’t securities or commodities and therefore aren’t subject to the government’s theory. He also contended that he didn’t commit money laundering because the transactions were made on a public blockchain. However, his decision to serve the prison sentence amid ongoing appeal signals a willingness to accept the consequences of his actions. NFT Market Struggles to Recover After 2022 CrashOnce considered the next big thing in the crypto world, NFTs have failed to recover following the 2022 crypto meltdown. Investors have seen the value of their blue-chip NFTs drop significantly, with floor prices dropping to record low levels and falling trading volume.The prolonged downturn has even forced some NFT platforms to close down operations. Recur, an NFT marketplace supported by billionaire Steve Cohen and renowned for its Hello Kitty NFT partnership, has announced it’s winding down due to “unforeseen challenges and shifts in the business landscape.” Likewise, Mark Cuban-backed NFT social media platform Nifty’s has decided to cease operations, citing unsuccessful investment opportunities.Even platforms like Blur, a leading NFT marketplace, have witnessed a staggering 96% drop in sales volume measured in Ether between late June and early August. OpenSea, the second-largest NFT marketplace, has also seen a more than 90% drop in trading volume.NFTs and Metaverse: Activewear and Luxury Brands Embrace Web3 Innovation OKEx Exec Calls Binance's CoinMarketCap Ranking 'Shameless'Unlike the real-life Milan runway, which took place indoors following a last-minute venue change due to torrential rain, the metaverse versions went off as planned in the digital realm. Gucci Town on Roblox, the House’s permanent experience that launched in May 2022, has been renamed Gucci Ancora and features a newly refined design that transports visitors to a meta-version of the show’s IRL location in Milan’s creative Brera district.

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In the Middle East and North Africa region, Chainalysis identified the UAE as one of the few countries where a larger portion of crypto activity occurs on decentralized exchanges (48%) compared to centralized exchanges (46%). “The Quiet Maid” follows a Colombian maid’s lows and highs as she labors for an opulently wealthy and potentially deceptive Spanish family on the coast of Catalonia. It is based off a short film made by Faus, which was picked up by streaming service Max after a stint last year on the festival circuit. What is the best crypto in 2023 2024?Despite the unfavorable market conditions, USDT has hit new milestones and witnessed significant developments in recent times. Less than three months ago, the market capitalization of the stablecoin hit a new all-time high of $83.76 billion. As of right now, Axie Infinity has launched and made public the first feature of Lunalog. It is called Badge Leaderboard, and it can show who holds the highest number of Mystic Axies. It can be viewed under the Lunalog Tab, which can be navigated in App.Axie. Select the badge leaderboard after the next page is displayed.

— Formula E: High Voltage (@FormulaE_HV) September 19, 2023 The bond market has witnessed a historic rout, described by Bank of America Global Research as the “greatest bond bear market of all time.” But the analysis isn’t all doom and gloom — there are hints that the relentless sell off in U.S. Treasuries could come to an end. And if we do indeed see a recovery, it could signal the start of a new bull market for risk assets. How to Buy Bitcoin with No ID Verification in NigeriaUnder the DLT Act, all tokens must be fully collateralized and transferable across wallets, Backed Finance noted in a press release reviewed by Blockworks. This dual certification highlights the blend of digital and traditional art forms, guaranteeing the uniqueness and authenticity of every physical print, while also offering a link back to the digital space from where the artworks originated.

Playing Video Games as a Metaverse Pioneer These key collaborations aim to offer Web3 adoption through the Oasis Ecosystem, “from easy onboarding into Web3 and sophisticated upgrades to omnichain asset swaps and price exposure to Oasis privacy frameworks introduced to Cosmos, Ocean, and other ecosystems, the future of Oasis integration into Web3 is extremely bright.” Kos added. Buy Bitcoin (BTC) with Credit or Debit Card ? NexoGeneral Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.How Does Consensus Algorithm Work in Blockchain Network? “The incident was mainly caused by [domain registrar] Dynadot resetting our account information and granting permission to an impersonator who provided fake documentation claiming to be an authorized member of Galxe.”

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