Top Crypto Exchanges Ranked by Trust Score - cyptoranking.com

2024-05-02

Popular crypto exchanges(2023 Update) 2024-05-02
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19. WAGMI That figure exceeds the total number of NFTs minted on the other major blockchain networks like Solana, Ethereum, and Polygon during their first 200-day periods. Top Crypto Exchanges Ranked by Trust ScoreThe Ethereum (ETH) network experienced a surge of abnormally high gas fees on Thursday, with over 140,000 transactions directed to a wallet address labeled by Etherscan as “Binance 14.”While the Ethereum network's average gas fee hovered around 10 gwei, Binance’s transactions consistently paid fees exceeding 300 gwei, or around 30 times higher than what was needed.300 gwei equals around $10.Recommended Ethereum transaction fees on September 22. Source: EtherscanThe extraordinary expenditure resulted in a temporary spike in gas fees on the Ethereum network, with users incurring substantial costs for sending transactions.Binance confirms ‘routine consolidation of ETH’Binance has confirmed in a media statement that the transactions were initiated by them, calling it a “routine consolidation of ETH.”“Any impact to gas prices was unintentional but quickly resolved,” a spokesperson for the exchange said.In total, the transactions drained more than 530 ETH, equivalent to approximately $840,000 in gas fees, briefly making it the largest gas user on the Ethereum network.Over the course of its lifetime, the wallet address is responsible for $95 million in transaction fees, including both inbound and outbound transactions.Community reactsThe incident was widely shared among community members on X, with one user saying it was a consolidation “from long-inactive deposit addresses.”Others also offered their take on the unusual transactions, with for instance Martin Köppelmann, co-founder of DeFi protocol Gnosis, suggesting that Binance is either using “a really inefficient script” or that “something fishy is going on.”Lastly, some community members blamed Binance’s wallet team for the glitch, calling the team’s engineers “incapable.”“They will release a case report soon. And likely someone got fired,” the user added.Ethereum Devs Put Forth ERC-7512 Standard to Represent Audit Reports On-Chain A sample smart contract of a Wallet

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Alternatively, you can calculate for short positions: #CertiKSkynetAlert 🚨We are seeing an exit scam on @zkFlexFinanceETH:0x54855D3133669B7EF54A2c962F5f63fdb44bBaE9Which has dropped 100%The project's socials and sites have been deleted.0x84f90 has dumped tokens for a profit of ~$56kStay vigilant!https://t.co/m7xQb6DQO6 Ripple (XRP) Latest Prices, Charts & DataThe ensuing rejection (red icon) validated the $0.55 horizontal area as resistance. Send Funds Internationally – Fast processing and low transaction fees make stablecoins like USD coins a good choice for sending money anywhere in the world.

The BAYC is a collection of 10,000 unique Bored Ape NFTs on the Ethereum blockchain. Owning a Bored Ape NFT offers users particular benefits, including doubling in Yacht Club membership status and accessing some sections of the project’s ecosystem. BAYC had an estimated market cap of 261,878 ETH at the time of writing, according to data from CoinmarketCap, with a floor price of 26.14 ETH. Bitcoin is a digital currency within a decentralized distributed ledger known as a blockchain. To distinguish between Bitcoin and blockchain, look at blockchain as a globally-accessible online spreadsheet that contains all Bitcoin transactions on its cells (blocks). 125055 Bitcoin Wallet Images, Stock Photos & VectorsAggregate data from the Order Books of 16 recognized exchanges confirms that sell orders now dominate the SHIB spot markets. This confirms the narrative the recent exchange supply spikes could intensify selling pressure. Lack of Control: Because they rely on the provider to handle the gear, cloud miners have little control over mining activities. In some cases, this lack of control might be detrimental.

Over the past two weeks, Hong Kong police have received reports of 11 cases where unsuspecting individuals fell victim to these Binance scam schemes. These incidents have resulted in the unauthorized transfer of virtual assets from their Binance accounts, amounting to a staggering 3.5 million yuan in losses. Source: CircleCircle, the stablecoin issuer, has announced its plans to begin minting USD Coin (USDC) directly on the Polygon network.According to a press release issued on Tuesday, USDC is now accessible to users and developers on the Ethereum layer-2 scaling solution. This ends the bridged USDC from Ethereum (USDC.e), popular with many developers. Stablecoins have gained immense popularity in the crypto world due to their ability to maintain a stable value. USDC is the 6th largest cryptocurrency and the second-largest stablecoin by market cap, according to Coinmarketcap. The digital asset is an established and trusted asset that enables millions of customers to securely access and move their funds. Circle's collaboration with Polygon comes with many benefits. This solution enables businesses and developers to access on/off ramps for USDC on Polygon PoS – eliminating the costs and delays previously associated with third-party bridging.In addition, Circle Mint and Circle's developer APIs fully support USDC on Polygon.As a result, transactions on Polygon can be executed swiftly and cost-effectively, making it an ideal choice for remittances, trading, and decentralized applications (dApps) that rely on stablecoins.Before the introduction of Circle's native Polygon-based USDC, businesses were required to use bridged USDC (USDC.e) from the Ethereum blockchain. It's important to note that Circle didn't issue this token, so it couldn’t be redeemed. However, the new native USDC on Polygon can be redeemed at a 1:1 ratio for United States dollars.In addition to minting USDC on Polygon, Circle would now discontinue the deposits and withdrawals of USDC.e on Polygon through Circle Mint and its APIs. This would be finalized on November 10, 2023.Furthermore, the USDC issuer has plans to launch a cross-chain transfer protocol to connect with other blockchain networks via Polygon later in the year. A Great Step for CirclePolygon PoS is a scalable Proof of Stake (PoS) blockchain that complements Ethereum's decentralized security with quicker settlement times and improved cost efficiency. As of October 2023, the Polygon PoS ecosystem boasts over 475 dApps and more than 300,000 active wallet addresses.The integration of USDC on Polygon marks a significant milestone in the evolution of the blockchain industry. It allows users to enjoy the best of both worlds – the security and decentralization of Ethereum, coupled with the speed and efficiency inherent in Polygon.As the cryptocurrency landscape continues to evolve, innovations like this demonstrate the industry's commitment to creating more accessible and efficient financial systems for everyone.6 Themes Important Themes for the Next Crypto Bull Run, According to Nansen’s CEO When to buy and sell cryptocurrency for profit?Image: The CryptonomistWeb3 Adventure Game Big Time Poised to Kickoff Its ‘Player-Owned Economy’ Can gold provide any clues?

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