8 Best Crypto Trading Platforms 2023 - cyptoranking.com

2024-05-06

Popular crypto exchanges(2023 Update) 2024-05-06
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Attempts to Hack South Korean Crypto Exchange Upbit Double in 2023 Record $307 Trillion Global Debt Puts World Economy on Alert 8 Best Crypto Trading Platforms 2023The increased haven demand for bitcoin is also evident from its dominance rate or the share in the total crypto market, which has increased from 41% to 51% this year. IoTeX’s indoor security camera, Ucam, will be the first physical proof of concept for this collaboration. Ucam users will not need to expose their private home information to manufacturers.

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The Ripple network offers near-instant finality, ensuring that once a transaction is recorded on the ledger, it is immediately confirmed and irreversible. Transactions are validated by 150 validators. These validators may potentially earn a spot in Ripple’s Unique Node List, which comprises 35 validators. Source: PixabayAs per blockchain intelligence firm Arkham, $77.35 million in assets have flown through Tornado Cash’s contracts on Ethereum mainnet in the past 30 days. Despite being sanctioned by the US Treasury Department in August 2022, Tornado Cash remains the largest crypto mixed on Ethereum network.The US authorities argued that Tornado Cash was used by North Korean hacker group Lazarus Group to launder millions of dollars in crypto. Tornado Cash developers Roman Storm and Roman Semenov currently face allegations of money laundering and sanctions violations.Tornado Cash’s Assets Drop by Over 60% Since SanctionsArkham reported that Tornado Cash’s assets have dropped by over 60% and transfer volume declined significantly after it was sanctioned by the US regulators in August last year.However, both total value locked (TVL) and transfer volume recovered somewhat later.Current TVL of Tornado stands at $118.3K ETH worth $187.9 million. Tornado Cash operates on 7 different chains, and obfuscates transfers of 10 different cryptocurrencies. The most mixed asset on the platform is native ETH on Ethereum Mainnet. At its peak in July 2021, Tornado Cash held over $700M of ETH in its pool contracts.Hackers Continues to Utilize Tornado Cash for Money LaunderingTornado Cash has been used by the Lazarus Group, associated with the DPRK, to launder currency stolen from Sky Mavis’s Ronin Bridge.Hackers use Tornado Cash as a way to legitimize their source of funds by removing connections to a hacked wallet or illicit crypto activity, making it a target of authorities around the world.As reported by Arkham, almost all of the top multi million dollar crypto hacks have utilized Tornado Cash to launder the proceeds.Earlier, Coinbase-backed lawsuit against US Treasury Department sought to overturn the ban on the crypto mixer claiming it is in violation of free speech as Tornado Cash is an open-source software. However, the court ruled in favor of the United States Department of the Treasury.Koy Network Increases Reach Across The Continent Crypto derivatives exchange Deribit to launch zero-fee spot tradingRug-pulls from Chinese projects have become a recurring problem in the Web3 space. Running a centralized cryptocurrency exchange is illegal in the country. Because of this, users who deposit to a Chinese protocol that has centralized elements may risk having their funds confiscated by police. Top 10 blockchains by NFT sales volume. Source: CryptoSlam

Cloud mining has emerged as a potential alternative to traditional mining methods in the quickly evolving cryptocurrency market. It provides speedier access, lower costs, and greater convenience. Investors and users, however, should be mindful of the inherent risks and obstacles involved with cloud mining, such as price volatility and regulatory uncertainty. — Star Atlas (@staratlas) October 9, 2023 Bankrupt FTX Initiates Early Talks on Crypto Exchange ...Also see: 9 Best AI Crypto Trading Bots to Maximize Your Profit After we have all the available hardware for our mining setup we need to prepare the software, the first thing is to download the latest Ubuntu Server image for the Orange Pi 5 board we are using, you can do so from the official Oange Pi 5 Ubuntu repository here, make sure you download the Orangepi5b_1.0.2_ubuntu_jammy_server_linux5.10.110.7z image from there as we don’t really need to use the desktop versions for our mining purposes. The image is archived with 7-Zip (7z), so you need to decompress it first and extract the Orangepi5b_1.0.2_ubuntu_jammy_server_linux5.10.110.img file from the archive that you will then proceed to write on the micro-SD flash card. There are a number of tools available for writing image files to flash cards, but one of the easiest and straightforward ones we like is the Balena Etcher, you can go for the portable version that does not need to be installed first and can directly be run and go to flash the Ubuntu IMG file on the micro-SD flash card.

Bitcoin mining pool: AntPool closely mined 1 out of every 3 blocks in the day Source: PexelsThe Israeli police cyber unit have frozen cryptocurrency accounts used by Hamas to raise donations via social media, Jerusalem Post reported. This action comes as part of a broader effort to curb the flow of funds into the hands of the terrorist organization, especially during times of conflict.The cyber unit's investigation revealed that Hamas had initiated an online fundraising campaign with the outbreak of the recent conflict, urging the public to deposit cryptocurrencies into its accounts. These funds were likely intended to support its activities. The Israeli police cyber unit, in collaboration with the National Headquarters for Economic Warfare, swiftly located and froze these cryptocurrency accounts. Authorities asked Binance to facilitate the process of withdrawing the seized funds into the state treasury.The Israeli cyber unit, known as Lahav 433, also worked closely with the UK police to freeze an account held at Barclays Bank.The unit's efforts extend beyond this operation, as it continues to actively search for financial infrastructures in cryptocurrencies used by terrorist elements.Web3 Community Launches Crypto Aid IsraelAmid the ongoing conflict in Israel, the country's crypto and Web3 communities have come together to establish "Crypto Aid Israel." This initiative aims to raise funds to support Israeli citizens who have been displaced and are in need of humanitarian aid due to the escalating conflict with Hamas.Crypto Aid Israel has set up a multi-signature wallet, controlled jointly by multiple parties, to accept donations denominated in various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and dollar-linked stablecoins such as USDT and USDC. Several Israeli banks and regulators have also stepped in to facilitate the flow of these crypto donations, potentially providing a bridge between crypto assets and traditional banking channels.To ensure the secure management of these cryptocurrency assets, the initiative has enlisted the expertise of Fireblocks, a specialized crypto safekeeping firm. They have implemented a strict policy that mandates the consensus of at least four out of seven signatories to authorize the movement of funds out of the wallet, ensuring a secure and transparent process.Members of the alliance supporting Crypto Aid Israel include prominent entities like Fireblocks, MarketAcross, Collider Ventures, CryptoJungle, and the Israel Blockchain Association.Hong Kong Police Issues Warning After Binance Users Lose $450K in Phishing Scams Binance ordered to stop all digital currency services in BelgiumEthereum (ETH), the second-largest cryptocurrency by market cap, has been at the forefront of the crypto bull run, amassing significant gains in the past year. On the positive side, Santiment analysts explained that whales and sharks in the Ripple network are increasingly accumulating more of the XRP supply. While last year the amount of coins held by cryptocurrency wallets holding between 100 thousand and 100 million Ripple tokens was 7.16 billion dollars, this year it increased to 7.89 billion dollars.

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