Caroline Pham, one of the chairs of the Commodity Futures Trading Commission, said she believes the regulator may be undermining its sister institution following charges it filed against cryptocurrency exchange KuCoin earlier this week. criticized the institution. The CFTC joined the U.S. Department of Justice in filing the charges. KuCoin On March 26, he was indicted on charges of illegally operating a digital asset derivatives exchange. “This appears to suggest that under the Commodities Act, the investors, i.e. the fund shares held by the securities themselves, may constitute a leveraged transaction,” CFTC Commissioner Palm said in a statement Friday. but,…
Author: Crypto Flexs
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Ethereum co-founder Vitalik Buterin discusses the Dencun hard fork activation and Blob’s impact on the ecosystem, as well as Ethereum’s long-term expansion roadmap and future direction. In a recent post on his website, Ethereum co-founder Vitalik Buterin detailed the activation of the Dencun hard fork and the introduction of blobs to the Ethereum network. Buterin explains that the activation of this hard fork marks an important turning point in Ethereum’s expansion efforts. Blob, also known as proto-danksharding or EIP-4844, significantly reduced transaction fees for rollups. Since Blob was initially almost free, fees were reduced significantly. However, as the Blockscription Protocol…
March 28, 2024, Delaware, USA, Chainwire To significantly improve the user experience for DeFi users in the Ethereum ecosystem, DeFi Saver has integrated native support for secure smart accounts and multi-sig. DeFi Saver, one of the leading apps for creating, tracking, and managing DeFi positions on Ethereum, announced that it has integrated account abstraction leader Safe to take the DeFi user experience to the next level. This follows Safe’s recently announced milestone of more than $100 billion in digital assets secured in Safe smart accounts and more than 40 million transactions conducted on Safe’s infrastructure. This update means DeFi users…
Written by Vishnu Patankar, Chief Technology Officer at Kraken Cryptocurrencies are uniquely suited to AI adoption. Our industry is known for its volatility and 24/7 dynamic. As anyone who has been involved in the cryptocurrency industry knows, a bull market puts enormous pressure on most core functions, including account sign-up, customer response, and token listings. In these situations, the hiring process often falls far short of filling the vacancy. This is partly because other cryptocurrency companies are trying to hire the same people at the same time, but also because it can take months for new hires to complete their…
Ethereum has been gaining a foothold above the $3,500 price level throughout the week as most investors have been doing so. continue to anticipate all Return to $4,000 level. fun, optimism We have seen some public interest in Ethereum. soar to new highs. Although a surge in open interest is a bullish sentiment indicator, it can also act as a bearish signal that a change in market trends is imminent. Ultimately, this indicator adds to the current dynamics of the Ethereum ecosystem, including regulatory uncertainty and scalability issues, which imply a complex price trajectory for the Ethereum price. Ethereum open…
The cryptocurrency market is undergoing major changes due to the upcoming launch of Ethereum and Bitcoin ETFs. These changes are expected to drive market adoption and redefine investment strategies. New ‘social trading’ exchange token, Option 2 Trade (O2T)is emerging as a potential market favorite due to its unique ‘social trading’ features. This gives investors a new way to participate in the cryptocurrency market following the launch of the ETF and provides a unique and attractive alternative to traditional ETFs. coming soon Ethereum (ETH) Bitcoin (BTC) ETFs are redefining the investment landscape, providing traditional investors with a regulated path into the…
Posted 1 minute ago In ~ Updated: March 29, 2024, 11:08 AM EDT Open interest for Bitcoin futures on centralized exchanges has hit record highs, indicating increased trading activity around the largest cryptocurrency by market capitalization. Total open interest in Bitcoin futures reached a record level of $38 billion on Friday, according to CoinGlass.Since the start of 2024, daily open interest in Bitcoin futures has increased more than 100% from January 1, when it was approximately $17.2 billion. This rise coincides with a surge in Bitcoin price to $70,000. This is a 66% increase since the beginning of the year.Open…
Dogwifhat token surpassed Pepe to take third place in market capitalization of all meme coins. Dogwifhat (WIF), with a market cap of $3.6 billion, currently ranks second behind meme giants Dogecoin (DOGE) and Shiba Inu (SHIB), which have market caps of $31.1 billion and $18 billion, respectively, according to CoinGecko. Source: CoinGecko In the last 24 hours, WIF has become one of the key growth leaders, with the coin’s price rising by more than 16%, reaching an all-time high (ATH) of $4.01 on March 29. Data from CoinGecko shows that the meme coin category has grown by an average of…
There are opportunities everywhere in life. Buffett’s success lies in his confidence, faith in his own eyes, and belief that he can seize this opportunity.Buffett said: “My secret to investing is to be greedy when others are panicking, and to be panicking when others are greedy.” This is also true. The first time Buffett’s wealth soared was in 1941. (1941 was the final stages of the Great Depression).Since the COVID-19 incident, the global economy has stagnated and local wars continue. Bankruptcy, unemployment, and loss of income happen every day. Isn’t today’s world the same as the year Buffett’s assets soared?…
March 29 Bitfinex was one of the first companies to list BXN, the native token of the Blackfort Exchange Network. Posted at: 08:44h From media materials Maria Lobusova Road Town, British Virgin Islands – March 29, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, today announced that it will be one of the first exchanges to list BXN, the native token of the BlackFort Exchange Network, a layer 1 blockchain. Compatible with EVM and designed for speed, security, and scalability. Launched in January 2023, BlackFort Exchange Network is a blockchain network that makes it easier to create and…