Coinbase opens international exchange-crypto - cyptoranking.com

2024-05-12

Popular crypto exchanges(2023 Update) 2024-05-12
Image: cyptoranking.com

Source: AdobeStock / Mahoa CreativeGoogle Cloud joins Polygon’s Proof-of-Stake (PoS) network as one of its decentralized validators.In a Sept 29 announcement, the tech giant will become one of the 100+ validators that helps secure the blockchain leveraging Google's reputation for security services in several areas. Per the official release Polygon will utilize the same infrastructure used to power Gmail and YouTube increasing user confidence as the Ethereum layer 2 battle thickens. “The same infrastructure used to power @YouTube and @gmail is now helping to secure the fast, low-cost, Ethereum-for-all Polygon protocol.”The announcement was confirmed by Google Cloud Singapore’s official account with a tweet that reads, “We are now serving as a validator on the Polygon PoS network, contributing to the network's collective security, governance, and decentralization alongside 100+ other validators.” Google Cloud serving as a validator will take part in the network’s governance role, operate nodes, and stake MATIC. Google strategic web3 collaboration This move is part of Google’s wider plans for the blockchain ecosystem as it continues to roll out key partnerships in recent months.In April, Google announced offering cloud services for Polygon’s zkEVM scaling solution, support for app chains, and a $200,000 Google Cloud credit funding for Polygon-backed startup.It was explained that the cloud service provider will offer node engines and deploy one-click deployment of nodes. “Google Cloud will help accelerate the adoption of core Polygon protocols w/ enterprise infrastructure & tools.” Polygon is not the sole beneficiary of Google’s foray into distributed ledger technology (DLT) with the company kicking off deals with Tezos, Solana, Ronin Network, etc.Last week, the company expanded blockchain services on its BigQuery adding 11 new networks in addition to Bitcoin, Bitcoin Cash, Ethereum Classic, etc. According to the company, the move will give developers faster access to public data across multiple chains as they begin building decentralized applications (dApps) and creating smart contracts. “We’re doing this because blockchain foundations, Web3 analytics firms, partners, developers, and customers tell us they want a more comprehensive view across the crypto landscape, and to be able to query more chains. They want to answer complex questions and verify subjective claims,” the statement reads. Polygon efforts at scalability With recent competition and upgrades in the market, including the Ethereum ecosystem with the launch of Holesky testnet to make the platform more scalable, Polygon offered more services to build user adoption.Polygon 2.0 stands out as a major attempt at scalability following claims of creating the value layer of the internet. It was built to support multiple chains, aiding cross-chain transactions and liquidity without jeopardizing network security and scalability.“Polygon 2.0 is a network of ZK-powered L2 chains, unified via a novel cross-chain coordination protocol. For a user, the entire network will feel like using a single chain.''Crypto Custody Firm Komainu Receives Custodial Approval from UK's FCA Lubin: Any technology can produce harm. We’ve navigated a lot of difficult military, scientific, technological evolutions. I’m very convinced that we’ll do it this time too. Of course there will be challenges. I’m not an AI doomer at all. I think this is great and I’m a big fan of AI. I actually spent years, a long time ago, working in this space. I’m incredibly excited for what I think of as the necessary complementarity between decentralized protocols and AI. Coinbase opens international exchange-cryptoFinancial institutions too need to vet the skills of their people or recruit employees who have the needed skills to tap into the potential of CBDCs, determine its liquidity management approach, and recognize CBDC customers. However, not everyone likes the idea of expanding Bitcoin’s ecosystem beyond its current use cases.Cory Klippsten, the CEO of BTC-only exchange Swan Bitcoin, believes drivechains and solutions that bring other assets to Bitcoin will bring an influx of scammers.Saifedean Ammous, the author of The Bitcoin Standard, opposes the idea of issuing altcoins on Bitcoin, suggesting that “good money” is the only token needed.People only think tokens are a good idea because we live in a world of broken money. A good money is the only token anyone ever needs. Bitcoin is going to detokenize the world. https://t.co/q8Nhc7XcOX— Saifedean Ammous (@saifedean) August 28, 2023

Exchange Rankings Crypto
Image: cyptoranking.com

While users often become the target of phishing attacks on social media, bad actors have gone a step further and taken control of the official website of a Web3 project. The Dual Nature of Zero-Knowledge What is the price prediction for ETH 2023?Hamas Could Use Deepfakes in Israel War Electroneum utilizes the CryptoNight mining algorithm, with a notable innovation in its mobile version, allowing users to mine the cryptocurrency not only through the conventional method but also by utilizing their smartphones via a mobile miner.

“It is incredibly important to consider before donating that due to potential phishing scams and cyber attacks, please compare the crypto wallet address to the verified one on the official website, so that funds aren’t sent to addresses that may have been sent to you through other sources.” By implementing a reputation-based system where a small group of trusted delegates validate transactions, DPoS increases the network’s effectiveness and finality. Similarly, the HoneyBadgerBFT algorithm improves finality and security even in the presence of malevolent nodes or network delays by achieving asynchronous Byzantine consensus. Toward Understanding the Use of Centralized Exchanges for...Read more: Binance Research reports stablecoins on a continuous decline in monthly reportInstadapp introduces lending protocol Fluid in testing phase, aiming for January release — Sunil (FTX Creditor Champion) (@sunil_trades) October 3, 2023

A recent study conducted by crypto derivatives exchange Bitget across 20 countries found that China displayed the highest level of engagement with cryptocurrencies. Blocknative discontinued its MEV-boost relayer service on Ethereum last week. While other relayers do remain, a large majority of Ethereum transactions are now handled by just four entities. 11 Most Profitable Bitcoin & Crypto Affiliate Programs of 2023Bitcoin is moving lower and showing bearish signs below $27,500. WAGMI Games, a pioneering force in the crypto gaming sphere, has been on a mission to bridge this gap by creating a vast and immersive gaming universe. Their unique approach not only targets the Web3 gaming niche but also extends its reach to the wider gaming community, including those unfamiliar with crypto. The key to their strategy? Develop engaging games that grant players true ownership of in-game assets while seamlessly integrating crypto technology into the gaming experience. Taking this mission to an unprecedented level, WAGMI Games has entered the world’s first-ever reality TV show dedicated to crypto, aptly titled “The Next Crypto Gem.”

Have an opinion on this story? Share it!