Speculators in cryptocurrency derivatives suffered significant losses totaling $774 million over the past day, the largest single-day loss this year due to volatile market movements.Leading digital asset Bitcoin surged to its highest level since November 2021, surpassing $63,000 in a stunning rise. However, this euphoria was briefly short-lived as prices plummeted below $60,000 due to fears over technical glitches on major exchanges such as Coinbase and Binance.Adding to the volatility, observers have noted significant Bitcoin transfers from wallets linked to funds seized by U.S. authorities in the Bitfinex hack. The movement of nearly $1 billion to undisclosed addresses has sparked…
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Monero is a cryptocurrency characterized by privacy and decentralization. Ring signatures, stealth addresses, and confidential addresses are some great aspects of privacy-enhancing technologies. Ring signatures mix multiple transactions, stealth addresses create a one-time address for the recipient, and confidential transactions hide the transaction amount. All these features make it difficult to track transactions or other sensitive details or find loopholes. Despite Monero’s great features, many people, especially beginners, may still feel uneasy about using it. This is where the faucet instructs beginners to use cryptocurrency as a safe currency. Mining is also a very attractive concept in cryptocurrency, fostering new…
Buy USDT instantly with the seamless efficiency of a modern digital platform. In today’s rapidly changing financial environment, the ability to quickly purchase USDT is of utmost importance. As cryptocurrency exchanges develop, it becomes increasingly easier to obtain USDT on demand. These platforms leverage advanced algorithms and liquidity pools to facilitate rapid trading.Investors looking to buy USDT immediately can explore a variety of routes, including dedicated cryptocurrency exchanges and P2P platforms. These platforms offer a variety of payment methods to suit different user preferences, from credit cards to bank transfers.Purchasing USDT immediately allows individuals to immediately take advantage of market…
New research outlines the need for asset management firms to adapt to technological advancements and change their investor profiles to ensure future success. In the face of a rapidly changing financial environment, wealth management firms are poised to undergo significant change. A recent study led by a research coalition comprising ThoughtLab, Deloitte and FNZ with assistance from Amazon Web Services (AWS) and Genesys found that by 2028, the investment industry will witness rapid transformation driven by digital transformation and artificial intelligence. (AI) will become a critical component of prosperity. According to a comprehensive analysis combining insights from 250 wealth management…
Lost money to a crypto or trading scam? Read this first: UK BASED – If your losses exceed £10,000 then Wealth Recovery Solicitors might be able to help. WRS is partnered with the National Crime Agency and has helped dozens of clients retrieve substantial sums. >> VISIT WRS USA/AUSTRALIA/CANADA – If your losses exceed $10,500 then contact Cybertrace. Cybertrace are a team of investigators specialising in cryptocurrency scams and tracing using custom AI tools. >> VISIT CYBERTRACECryptocito Net is a fraudulent cryptocurrency trading platform that uses the same branding as famous social media commentators to trick people out of their…
The cryptocurrency community is abuzz with speculation that Jeff Bezos, the man behind Amazon, may be the latest celebrity to jump into Bitcoin investment. The speculation was sparked by Apollo co-founder Thomas Fahrer, who suggested on X (formerly Twitter) that Bezos’ recent financial strategy could indicate significant interest in BTC. Bitcoin: Is Bezos Full of Sailor Oranges? Fahrer’s post provocatively asked, “Is Jeff Bezos investing in Bitcoin now?” Do you hang out with Michael Saylor? You just liquidated $8.5 billion in Amazon stock? Are you sitting on cash? Maybe he’s sharper than that. Bitcoin price rise hints at billionaire FOMO?…
Share this article Uniswap Labs has announced that the waitlist for its new browser-based wallet extension, Uniswap Extension, is now open only to people with a uni.eth username, obtainable through the Ethereum Name Service (ENS). Introducing Uniswap extensions 🦄 It is the first wallet in your browser’s sidebar. No more pop-ups. There is no longer a trading window. Waiting list opens today 👇 pic.twitter.com/yNNgiju5zj — Uniswap Labs 🦄 (@Uniswap) February 27, 2024The announcement comes days after the Uniswap Foundation, the non-profit group that oversees the development of the Uniswap protocol, announced that it would release the decentralized exchange’s V4 upgrade…
1. Introduction Ethereum Community, Ethereum’s future is bright. Over the last 12 months the Ethereum community — a global collection of developers, entrepreneurs, researchers, and passionate users — has made tremendous progress. Every week, new applications built on Ethereum launch to mainnet, scalability solutions come online, and ETH 2.0 moves closer to key milestones. Ethereum remains the de-facto platform for decentralized applications, and is used every day to secure billions of dollars in digital assets. The Ethereum Foundation’s team is thrilled to see the progress happening across the community. We have worked to support the ecosystem since Ethereum’s earliest days…
Legal • February 29, 2024 2:50 AM EST Posted 1 minute ago In ~ The Australian Securities and Investments Commission has secured a travel ban against Liang Guo, also known as Allan Guo, the former director of the defunct Blockchain Global Limited.The Australian Federal Court ordered Guo not to leave or attempt to leave Australia until August 20, 2024, according to an announcement from ASIC yesterday.The order comes amid concerns from ASIC that Guo could leave the country following the hearing on February 20, 2024. Mr. Guo did not attend the hearing.Guo is currently under ASIC investigation, as are former…
Liquidations worth hundreds of millions of dollars are hitting cryptocurrency markets as Bitcoin (BTC) reaches the $64,000 level for the first time since late 2021. In the past 24 hours, traders witnessed $638 million worth of liquidations, most of which were short positions, according to new data from market intelligence platform Coinglass. The flagship digital asset itself has seen a whopping $185.62 worth of derivatives contracts vaporize at the time of this writing, while other assets such as leading smart contract platform Ethereum (ETH) and dog-themed meme asset Dogecoin (DOGE) have lost $7,753 each. It recorded 10,000 dollars and 31.62…