According to a company report, sales at Dunamu, the parent company of Upbit, one of Korea’s most popular cryptocurrency exchanges, fell by a whopping 81% during the third quarter of 2023. The company’s performance in the same quarter last year stands in sharp contrast to the company’s sharp decline. Dunamu recorded a net profit of 159.9 billion won (about $123 million) in the third quarter of 2022, but this figure decreased to 29.5 billion won (about $23 million) in the third quarter of 2023. The recent decline in the cryptocurrency market is the main cause of Dunamu’s financial performance, which…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage Rollbit Coin price has fallen 1% over the past 24 hours, trading at $0.169 at 10 AM ET. The decline was despite 1.89 million RLB tokens being burned in the last 24 hours. 🚨🔥 25,898 $RLB (4,316.60 USD) was purchased and burned on Rollbit. Remaining supply:▓▓▓▓▓▓▓▓▓▓▓▓░░░░░░░░ 61.40% 🔥 Last 24 hours: 1,894,567 $RLB ($315,780.74) 🔥 This year: 152,882,269 $RLB (3.06% of total supply) https://t.co/XneaGgYydB — RLB Burns (@RLBburn) November 29, 2023 Rollbit Coin Price Prediction Looking at the 1-hour RLB/USD chart, it shows that the MACD…
A report from CoinDesk in the fourth quarter of last year raised concerns about the financial stability of Alameda Research, a company closely linked to FTX. As customers rushed to withdraw their funds from FTX, the exchange had difficulty fulfilling these withdrawal requests. FTX attempted to reach a bailout deal with rival exchange Binance, but ultimately failed and was forced to declare bankruptcy on November 11. About a month later, FTX founder Sam Bankman-Fried was arrested in the Bahamas, where the company is headquartered, and extradited to the United States. His trial for fraud and conspiracy has now begun in…
Community and EducationDeFi Security SummitCovering all aspects of DeFi security, including auditing, tooling, and bug mitigation, the Paris, France summit will explore the biggest DeFi exploits and explore practical ways to increase the security coverage of your code.Community and EducationDWeb Camp and Global Fellows Programinternet archiveA five-day event dedicated to solving real-world problems facing Web3 and collaboratively developing the distributed technologies of the future.Community and EducationETHBarcelonaA conference and hackathon in Barcelona, Spain covering topics such as public goods, privacy, and scalability.Community and EducationETH BelgradeConferences and hackathons in Belgrade, Serbia, covering topics such as zero knowledge (ZK), infrastructure and technology. scaling.Community…
ADA price has always performed incredibly well in bull market cycles, with price rallies in the past benefiting millions of holders. However, as with other cryptocurrencies, it can be difficult to predict exactly how much the price will rise in the next bull market. Nonetheless, one cryptocurrency analyst is keeping a close eye on the bulls to reveal where he expects altcoin prices to reach in the next bull market. ADA prices can go as high as $24. In an analysis published on TradingView, cryptocurrency analyst masoud_paydarsani explained how the price of ADA could rise to double digits. First, the…
introduction:Once a niche industry, cryptocurrency has gone mainstream and is now a viable investment option for many people around the world. But did you know that simply buying and holding cryptocurrencies is not the only way to profit from them?Staking is essentially the process of participating in a Proof-of-Stake (PoS) blockchain network by storing cryptocurrency in a wallet to support network operations. In return, you are usually compensated in the form of additional cryptocurrency. Think of it as earning interest on your cryptocurrency holdings, or better yet, receiving dividends from your stock investments.However, like any other investment, cryptocurrency staking comes…
Posted 1 minute ago In ~ Binance said it would stop supporting BUSD on December 15 after stablecoin issuer Paxos was ordered to stop issuing the token earlier this year.The cryptocurrency exchange said in August that it planned to ‘gradually’ cease support for the BUSD stablecoin by February 2024. At the time, BUSD urged customers to switch to another stablecoin called FDUSD. According to Binance, users can still convert without any fees.”Paxos has stated that BUSD will remain backed by Paxos and can be redeemed through at least: February 2024,” Binance said in a blog post.In February of this year,…
IOTA continues its strategic expansion through the UAE’s first DLT Foundation. The IOTA Foundation will allocate $100 million to this initiative. After this news came out, IOTA price rose 50% at the time of writing. IOTA’s strategic expansion has reached another milestone with the registration of the first DLT Foundation in the United Arab Emirates (UAE). The IOTA Foundation first announced its plans last September, highlighting its registration with Abu Dhabi Global as a step to support IOTA’s expansion in the Middle East and North Africa (MENA) region. This news comes as the price of IOTA surges more than 50%,…
The post 🔴 Crazy ETH price prediction | The post Cryptocurrency of the Week – 99 Bitcoins appeared first on October 16, 2023. Crypto AI plugins and new hardware wallets hit the market, and Caroline Ellison takes a stand. 🔴Crazy ETH price prediction | Cryptocurrency News of the Week – October 16, 2023 Read more »
quick take Digital asset platform Coinchange secures $10 million in funding led by leading investors such as G1.VC and Spirit Blockchain to expand its unique Earn API service. Coinchange’s Earn API allows businesses to deliver stablecoin returns while reshaping the DeFi landscape while minimizing risk through decentralized strategies. Coinchange, a digital asset platform known for its innovative Earn API, has raised $10 million in funding. Coinchange, a digital asset platform known for its innovative Earn API, has raised $10 million in a funding round led by high-profile investors including G1.VC, Spirit Blockchain, Good News Ventures, K2.CA, and Atoia Ventures. Mint…