Coinbase Offers No-Fee Conversion of USDT to USDC - cyptoranking.com

2024-04-28

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“We're creating multi-generational products—games that will outlast us and are owned by the communities that play them,” he continued. StaFi’s integration of Chainlink CCIP has opened the door to cross-chain asset rate synchronization. This innovative move enables the transmission of staking rates from Ethereum to Arbitrum and Polygon, creating a synchronized and harmonious environment for stakers. Coinbase Offers No-Fee Conversion of USDT to USDCEvaluating the worth of blockchain web hosting Oasys, on the other hand, is a blockchain project with a laser focus on the gaming industry. Operating under the mantra of “Blockchain for Games,” Oasys boasts a network of over 20 validators, including prominent gaming companies such as Bandai Namco Research and Web3 innovators.

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However, the hacker has recently been using a more sophisticated method to obscure the transfer of the illicit assets, said Brooks. The BTC price has been trapped between the 50-day and 200-day moving averages on the daily chart, with the former located around the $27K mark and the latter near the $28K level. Binance Review 2023|BankrateWhat is the Next Cryptocurrency to Explode in 2023? Top 16 Contenders NEAR Protocol (NEAR)’s open interest is $48.00 Million, as per Coinglass, which is a crypto analysis website. It rose by 1.21% in the previous session. The long versus short ratio for 24 hours is 0.8769. The total number of short positions added in the last 24 hours is $5,922.832 against longs of $450,717.335.

So some of it is practicalities. And then, when you're writing a 200-page essay, you need to pull in a lot of information. So, to be fair to the SEC, that work, the work that's required to do this, because you are setting a precedent, as well as following precedents, it is a pretty involved task. However, the Australian Securities Exchange (ASX) last year halted its blockchain system development, which was aimed at modernizing its outdated settlement layer, after three years of effort. If I Invest $100 in Bitcoin TodayAccording to Bloomberg, the IRI has deployed only $30 million in total. The world’s largest crypto exchange, Binance, committed to invest $1 billion but has instead only spent $15 million. “My long-term view is that all DEX trades should move to L2s as lower transaction fees help the most with high-velocity transactions,” he concluded.This Hidden Ethereum (ETH) Support Is Extremely Important

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 DOT is down again today, dropping 2% to trade at $3.76 at the time of writing. Crypto ATM software-Pay PointHacken is a blockchain security auditor that provides code audits, penetration testing, and bug bounty programs for projects built on various platforms, including Radix. The project was founded in 2017 by Dyma Budorin, who wanted to create a community-driven platform for cybersecurity services. Hacken has a team of over 60 experts and a network of more than 25,000 white hat hackers and security researchers. The whale received the BTC from Bitcoin mining pool Poolin in June 2020. At the time, the Bitcoin’s price was $9,700 and the value of the transaction $48.5 million.

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