Ted Hisokawa 22 Aug 2024 09:31 ETFs are playing a key role in integrating traditional finance with Web3, providing regulated access to blockchain investments. Learn how ETFs are driving mainstream Web3 adoption. As blockchain technology continues to gain popularity, exchange-traded funds (ETFs) are emerging as important financial products, drawing attention from both traditional finance and the Web3 ecosystem. According to Gala News, ETFs are poised to play a key role in driving mainstream adoption of blockchain and Web3 technologies. The appeal of ETFs ETFs have become popular in traditional finance because they can provide…
Author: Crypto Flexs
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Polygon’s MATIC is on the verge of breaking out of its long-term downtrend. The price action appeared to be part of a relief rally for certain altcoins. Analysts commented on the asset’s outlook. MATIC, the native token of the Polygon PoS chain, is far from its prime. While the broader cryptocurrency market is considered to be in a bull market, the asset has been stuck in a multi-month downtrend, trading at its lowest levels in two years. However, even amidst the recession, MATIC is now showing signs of a rebound and is at risk of breaking out of its prolonged…
sun pump, Tron Trex -6.03% -Based Mimecoin Generator Turns PumpFun’s 24-Hour Profits Upside Down as New Mimecoin Developers Start to Gain PopularityOn Wednesday, SunPump had about 7,531 units launched via the generator, generating a daily profit of 3.65 million TRX, or about $548,000 based on the current price of TRX. data In Dune. According to on-chain data, this is more than PumpFun’s daily revenue of 2,575 SOL, which is equivalent to approximately $367,195. On Wednesday, approximately 6,941 tokens were created on PumpFun.Released Last week, SunPump was used to create memecoins, some of which saw significant price fluctuations. For example, Sundog…
“Bitcoin’s monthly chart shows an imminent overbought pullback on the monthly stochastics. If confirmed by the end of the month, it would be a negative catalyst, suggesting that the trading range signaled the end of a cyclical uptrend from the 2022 lows,” analysts at Fairlead Strategies said in a note shared with CoinDesk on Wednesday.
Key Points Binance plans to increase its compliance staff to 700 by the end of 2024. The company’s annual compliance costs have grown to more than $200 million. Share this article With Binance’s annual compliance spend surpassing $200 million, the exchange plans to hire 1,000 employees this year, focusing on compliance roles.The company’s CEO, Richard Teng, revealed the hiring goals in an interview with Bloomberg News in New York on Wednesday. The hiring initiative comes as Binance faces increased regulatory scrutiny and ongoing oversight by U.S. agencies following a $4.3 billion settlement last year.Teng, who has worked in the financial…
Jack Anderson 22 Aug 2024 07:26 Gala Games’ highly anticipated VOX mobile title Project Cerberus has started open beta testing for version 1. Gala Games has announced the release of the Version 1 Open Beta for its highly anticipated VOX mobile title Project Cerberus. According to Gala News, the game is now available for testing on iOS and Android devices. Key features of version 1 Version 1 of Project Cerberus includes the foundational systems that provide a glimpse into the overall game experience. Some features are not yet active in this public playtest, but…
In the rapidly evolving world of cryptocurrencies, the allure of quick profits and the excitement of new technologies have captivated millions. However, as digital assets have grown in popularity, there has been an increase in scams and fraud schemes designed to exploit unsuspecting investors. For many, the aftermath of these fraudulent activities has left them vulnerable and disheartened. Crypto Reverse offers a ray of hope to those affected by adopting a multi-faceted approach to not only recover lost assets, but also to address the broader implications of digital theft.A new frontier in financial riskCryptocurrencies are a major change in the…
U.S. spot Bitcoin exchange-traded funds posted positive flows for the fifth straight day, pulling in $39.42 million on Wednesday, while spot ether ETFs experienced net outflows for the fifth straight day.According to SoSoValue, Grayscale’s mini Bitcoin trust reported net inflows of $14.2 million yesterday, while spot Bitcoin funds from Fidelity and Bitwise also saw inflows of around $10 million. data.BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, saw inflows of $8.35 million. Franklin Templeton’s EZBC saw $3.55 million in inflows to the fund, while Invesco’s BTCO saw $2.46 million in inflows.The only net outflow came from Grayscale’s Convertible…
Darius Baru 22 Aug 2024 04:58 Learn how large-scale language models (LLMs) use decoding strategies to select the next word. Learn about different methods, such as greedy search, beam search, and more. Large-scale language models (LLMs) are trained to predict the next word in a text sequence. However, the way they generate text involves a combination of probability estimates and algorithms known as decoding strategies. According to AssemblyAI, these strategies are crucial in determining how the LLM selects the next word. Next word predictor vs. text generator LLM is often described in the non-scientific…
According to on-chain data, crypto whales have sold tens of millions of dollars worth of Solana (SOL) since the beginning of the year. According to blockchain tracking site Lookonchain, the whale sold its first batch of SOL on January 15. According to on-chain data, the whale released 614,000 SOL (equivalent to approximately $89 million) to cryptocurrency exchanges Coinbase, OKX, and Binance over the next few weeks and months. Source: Lookonchain/X According to Lookonchain, this whale averages one sale per week. Source: Lookonchain/X A closer look at the on-chain data shows that approximately 100,000 SOL was withdrawn from staking platforms over…