What Is a Crypto Wallet? A Beginner’s Guide - cyptoranking.com

2024-05-10

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According to the notification, traders must register their interest in the promo by opting in within the Uphold app. The exchange stressed the importance of the opt-in as only trades made after it will count towards accumulating entries into the draw. FTX Attacker Transactions. (Source: Lookonchain) What Is a Crypto Wallet? A Beginner’s GuideLikewise, Binance now views BNB as the token for a larger ecosystem, encompassing the Binance Chain and BSC, resulting from the token’s rise on BSC. The crypto titan is making this step as part of its aim to expand outside Binance. Aave outstanding debt has declined from a peak above $8 billion to over $2.2 billion earlier this month.S.Korea’s crypto market rebounds in H1 but down 48.5% from 2021 close

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Decentralized stablecoin protocol Reserve has launched on the Coinbase-incubated Layer 2 network Base, its first deployment beyond the Ethereum mainnet, according to a statement. The protocol holds a total value locked of $24 million on Ethereum. Source: AdobeStock / CanvaLeading global cryptocurrency exchange Gemini has taken significant steps in its Indian expansion strategy by hiring Sachin Ranglani, a former senior vice-president of product management at fintech giant Paytm, as the head of operations for its Indian subsidiary.Sachin Ranglani brings a wealth of experience from his tenure at Paytm, where he worked for approximately three years. Prior to his role at Paytm, Ranglani held positions at well-known tech companies, including Uber, Amazon, and Infosys. In September, he assumed the position of Vice President and India Head at Gemini, as indicated on his LinkedIn profile.This strategic move by Gemini aligns with its earlier announcement of expanding its engineering center to India's Gurgaon city, located near the national capital, Delhi. The company's global chief technology officer, Pravjit Tiwana, revealed in September that the Indian engineering center would play a pivotal role in driving Gemini's growth in the years ahead.Gemini's entry into the Indian market follows a $24 million investment aimed at strengthening its presence and operations in the country. With Sachin Ranglani at the helm of its Indian subsidiary, Gemini is poised to make significant strides in the Indian cryptocurrency space.Gemini's Gurgaon Branch is set to Expand, Aiming for Over 100 Staff by 2023 and 200 by 2024Gemini's Gurgaon branch, currently employing over 70 professionals, is set to expand significantly, with plans to exceed 100 staff members by the end of 2023. This figure is expected to grow to 200 by the close of 2024, according to Pravjit Tiwana, the company's global chief technology officer.The exchange is actively seeking individuals for various roles, including software engineers, technical product managers, people operations, and talent acquisition staff, as well as finance, support, and compliance positions.The Gurgaon team plays a crucial role in compliance, data pipelines, warehousing, security, and payments. Sachin Ranglani, in his capacity as head of operations, will lead this team, overseeing the execution of Gemini's go-to-market strategy, establishing vital relationships with stakeholders, and driving user growth in India.This strategic move further underscores Gemini's commitment to establishing a solid foothold in the rapidly evolving Indian cryptocurrency market.On its website, Gemini says:"We have deep respect and admiration for India's tradition of engineering excellence and view India as a hotbed for bar-raising technology talent." They also added that "Our Gurgaon office will be the second largest Gemini engineering hub behind the United States and complement our existing offices in the United States, the United Kingdom, Ireland, and Singapore." Gemini Makes Strategic INR 200 Crore Investment in Indian Market ExpansionIn a significant move toward market expansion, global cryptocurrency exchange Gemini has announced plans to invest INR 200 crore (approximately $24 million) over the next two years in the Indian market. While the exchange is not launching its products in India at this time, it is closely monitoring the regulatory landscape in the country. Gemini believes that India will play a pivotal role in creating an innovative ecosystem for the broader Web3 and crypto communities.The newly established Gurgaon office will be integral to the company's global engineering, design, and operations. It will contribute significantly to the development of products and services for customers across more than 70 countries. Sachin Ranglani, known for his extensive experience in developing and launching new products and features for Paytm's vast user base of over 350 million, will lead the Gemini Gurgaon office.Gemini's substantial investment in its India engineering center underscores the company's dedication to innovation and growth. The Gurgaon team is poised to play a crucial role in realizing Gemini's vision of becoming the world's most trusted and reliable cryptocurrency exchange.Pro-Crypto Advocate RFK Jr. Shifts to Independent Presidential Campaign – What Does That Mean for The Industry? SEBI approves FPIs trading in exchange-traded commodity derivativesThe unexpected receiver of this massive XRP chunk was a wallet of Binance exchange, according to the data shared by Bithomp. ETH Derivatives Show Poor Volumes

The Block: So, in that sense, do you think that there is more progress to be made on the crypto exchange side of things in terms of these information sharing mechanisms? Do they even have this capability right now to function like traditional finance, or does that still need to be built out? Cartesi (CTSI) Price Attempts Breakout Canadian Cryptocurrency PricesIncorporating blockchain technology into hosting services can lead to substantial cost savings for users and providers. Eliminating intermediaries and reducing dependency on relatively costly hardware could make these solutions more efficient and affordable for hosting websites and decentralized applications (dApps). Related: Bitcoin drives digital asset product inflows for the first time in 6 weeks: Report

VitaDAO, a community-owned collective with a mission to fund and advance early-stage longevity research, announced today the launch of Matrix Biosciences, in partnership with world-renowned biologist Vera Gorbunova. A professor at the University of Rochester, Gorbunova is credited with identifying cancer-resistant traits in the naked mole-rat. In July, the U.S. Department of Justice charged engineer Shakeeb Ahmed with defrauding an unnamed decentralized exchange and allegedly stealing $9 million in crypto in 2022. In August, RocketSwap—the second-largest decentralized exchange by trading volume on Base—was hacked for around $866,500 after a private key was compromised on their servers. Countries Which Allow Cryptocurrency As Legal Tender50+ Best Crypto & Bitcoin Gambling Sites in 2023 It has to get worse before it gets better

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