Ted Hisokawa July 16, 2024 12:47 According to CoinGecko’s Q2 2024 report, the cryptocurrency market is set to drop 14.4% due to the Bitcoin halving, a decrease in mining hashrate, and changes in trading volume. According to CoinGecko’s latest report, the second quarter of 2024 saw significant changes in the cryptocurrency landscape. While price action was subdued, the period was marked by notable developments, including Bitcoin’s anticipated fourth halving and fluctuations in trading volumes on both centralized and decentralized exchanges. Total cryptocurrency market cap in Q2 2024 drops by -14.4% Total cryptocurrency market capitalization…
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SEC Classifies Chiliz, Polygon, Terra Luna Classic as Securities in New Filings SEC ramps up crackdown on DeFi, targeting MetaMask developer Consensys The Ethereum ETF approval in May signals a shift in the SEC’s stance on alternative assets. In leaked court documents, the Securities and Exchange Commission (SEC) explains why it is cracking down on several cryptocurrencies, including Polygon (MATIC), Terra Luna Classic (LUNC), The Sandbox (SAND), Decentraland (MANA), and Chiliz (CHZ).Chiles, Matić Under Scrutiny by SECThe SEC believes that these cryptocurrencies were originally offered to investors as investment contracts, which gave rise to the companies associated with the tokens.…
Cryptocurrency exchange Kraken has received a transfer of two Bitcoins and one Bitcoin Cash from the Mt. Gox Rehabilitation Trustee, according to a Telegram group of lenders.“MtGox administrators made two transfers. Bitcoin +1.82% & BCC -1.45% ) to the Kraken exchange. The exact amount is TBC. However, Kraken has already Group member “Gio” wrote: “Email from MtGox custodian receiving bondholder funds.”According to a screenshot posted to Telegram, Kraken wrote in the email, “We have successfully received the bondholder funds (BTC and BCH) from the Mt. Gox Trustee.” “We will endeavor to distribute the funds as soon as possible, but please…
The assassination attempt on former President Donald Trump at a rally in Pennsylvania on Saturday sent his chances of winning the presidency soaring. Presidential electionAccording to cryptocurrency prediction market Polymarket, recent report According to Fortune, while traditional polls might yield different results, Polymarket and PredictIt found a noticeable shift in odds following the event. Cryptocurrency Industry Rebounds as Trump’s Election Chances Increase Prediction or betting markets provide a platform for traders to exchange contracts based on uncertain future events. The prices of these contracts effectively act as odds, reflecting the collective expectations of market participants. In this sense, Polymarket’s prediction…
Terryl Dickey July 16, 2024 10:48 Explore the complex world of re-staking with a detailed analysis of the risks and rewards across the Ethereum and Cosmos ecosystems. The world of blockchain technology continues to evolve, and restaking is emerging as a key concept for enhancing security across multiple networks. According to Galaxy.com, restaking aims to build a more integrated and efficient security system by leveraging the economic and computational resources of one blockchain to secure multiple blockchains. This in-depth report is the second in a three-part series exploring the dynamics of staking, restaking, and…
Cryptocurrencies have become quite popular in the online casino community, and there are several reasons for this. Despite the barriers to entry, the payment method is very convenient. Cash withdrawals are quick and easy, making it much easier to play games or try your luck. Roulette table with racetrack Or just a slot machine.Today we will look at why cryptocurrency payments are a preferred, trusted and reliable option for players at online casinos. Rule 77 Read on to learn everything you need to know about roulette and learn more about the various benefits that online casinos offer players when depositing…
Bitcoin (BTC) fell more than 3% on July 16 as “FUD” speculation surrounding the closed exchange Mt. Gox resurfaced.BTC/USD 1-hour chart. Source: TradingViewMt. Gox Bitcoin Leak Sends Price Down Below $6,000According to data from Cointelegraph Markets Pro and TradingView, the BTC price appears to be under pressure after hitting $65,000 on Bitstamp.The downtrend occurred as BTC belonging to Mt. Gox moved between wallets affiliated with the rehabilitation program.According to data from cryptocurrency intelligence firm Arkham, the amount involved was around 92,000 BTC (around $5.7 billion) stolen from Mt. Gox’s cold wallets. That’s about two-thirds of the exchange’s total holdings.Mt. Gox…
Company • July 16, 2024 3:19 AM EDT Posted 1 minute earlier In ~ Updated: July 16, 2024 5:05 AM EDT At 6:49 a.m. UTC on Tuesday, a Bitcoin wallet known to be associated with Mt. Gox was sent. Almost 42,588 Bitcoin +0.59% (2.7 billion USD) was sent to an unknown address, “18vjn,” according to a label from blockchain analytics platform Arkham.This massive move followed what was believed to be a test transaction at 5:13 a.m. UTC, where a Mt. Gox wallet transferred 0.021 BTC ($1,320) to an unknown address. At 6:39 a.m. UTC, Mt. Gox also transferred 44,000 BTC…
Cryptocurrency analytics firm IntoTheBlock has warned that mass token unlocks could undermine the performance of several altcoins in the future. IntoTheBlock notes that around $25 million worth of Bitcoin (BTC) is “unlocked” or mined every day, an amount that can easily be absorbed by the massive and liquid market that is the king of cryptocurrencies. On the other hand, projects like Sam Altman’s “proof of identity” project Worldcoin (WLD), decentralized finance (DeFi) platform Stargate Finance (STG), and layer-two blockchain Mantle (MNT) are implementing daily token unlocks that account for a relatively large portion of their market cap, according to the…
Iris Coleman 16 Jul 2024 03:33 NVIDIA Introduces New NIMs for Mistral and Mixtral Models, Empowering AI Project Deployments with Optimized Performance and Scalability Large-scale language models (LLMs) are increasingly being adopted by enterprise organizations to power AI applications. According to the NVIDIA Technical Blog, the company has introduced new NVIDIA Neural Interface Modules (NIMs) for Mistral and Mixtral models to simplify the deployment of AI projects. New NVIDIA NIM for LLM Foundation models serve as a powerful starting point for a variety of enterprise requirements, but often require customization to achieve optimal performance…