M2 allows UAE residents to trade BTC and ETH directly from their bank accounts. Integration supports Dirham deposits, withdrawals and market-responsive trading. The UAE has strict regulations in place to ensure consumer protection and market transparency. There has been a significant development in the United Arab Emirates (UAE) digital asset market. Popular cryptocurrency exchange M2 has announced that UAE residents can now buy and sell Bitcoin (BTC) and Ethereum (ETH) directly using their bank accounts. This new integration enables direct conversion of UAE Dirhams into BTC and ETH via M2’s spot market, marking a milestone in the accessibility of virtual…
Author: Crypto Flexs
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The first week of August has come to a close, and publicly traded Bitcoin miners have finished releasing their monthly mining updates. Miners have been under pressure since the Bitcoin halving in April, and are trying to adjust to plummeting profits.”Overseas competition will only continue to intensify, and it is difficult to believe that U.S.-listed companies will become low-cost producers in the long term and thus gain market share in this extremely commodity industry,” said short seller Kerrisdale Capital. Wrote From the June report.Bloomberg reported last month that Cypher Mining Explore potential sales After receiving the right to take over.Let’s…
Solana validators receive historical tips through the Jito platform. Tips encourage you to prioritize trades to earn more commissions. Sandwich attacks and similar activities are at risk. Solana, a high-performance blockchain, runs the chain quickly and efficiently through validators. However, validators require complex and expensive hardware to run a Solana node, so other options are sought. One platform that allows validators to make the most of their activity is Jito, which has recently seen a spike in usage. However, some of the tactics used by validators to make money have raised concerns among both network users and the Solana Foundation…
Alvin Lang 09 Aug 2024 14:32 IOTA and Digimarc launch digital product passport to increase transparency in plastic recycling and promote circular economy The IOTA Foundation, in collaboration with Digimarc, has introduced a Digital Product Passport (DPP) that tracks and traces the process of recycling plastic waste into bioplastics, the IOTA Foundation announced. The initiative aims to promote transparency and support a circular economy by carefully recording the life cycle of plastic waste.IOTA technology promotes a circular economyIn a significant step towards improving the circular economy, the IOTA Foundation and Digimarc are using distributed…
I found a bech32 bitcoin address that has a specific structure with a lot of “q”s. Here are some examples: bc1qmdtv5qqqqqqp4qnz5ghlejq9evyuxgqqqqq9yj3zp2sydwcmqqqqq2j6wen bc1qqyqzr7gyq5qqqqsq9smqqqqqqyyqq6qqqqg6ffrepsrrvmgjspk7srnq0kp bc1qd4sn6vpwxs6ngdf4qqsljpq9q5qqvqpvqyqqzqqcqqwqqqqrmy5q505e7m Other bech32 addresses with different structures (and thus likely different usage) are: bc1q9scnqtpn9sejcdza05qqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqq5wx2ys bc1q9scjcvpvxykrqtpn9s6jcvf39sc46lgqqqqqqqqqqqqqqqqqqqqqqqqqlcyp97 It looks like a specific (or several) protocols on top of Bitcoin use this address. Do you know which protocols use this address? It would be nice to have a link to a document about the address structure. thank you.
Ether (ETH) gained 16.2% on August 8, but struggled to hold above $2,600 on August 9. Despite encountering stronger resistance at $2,700, Ether is well positioned to extend its bullish trend, aided by a more favorable macroeconomic backdrop and increased activity on the Ethereum network and Layer 2 solutions.Are Spot Ether ETF Outflows Hurting ETH Performance?Some investors have argued that outflows from spot EtherETFs have hampered performance. However, this may change as Grayscale’s ETHE product sales slow. The fund has historically charged much higher fees than other funds, and most investors were previously locked in because the Trust did not…
As you can see from the daily chart performance, Bitcoin, Ethereum, and other major altcoins are not immune from downward pressure either. Bitcoin and Ethereum, despite being the most liquid currencies, still posted double-digit losses over the past trading week. As the stock price moves upward, traders carefully monitor how the price will react in the immediate liquidation zone. Will Institutions Choose Ethereum Over Bitcoin? One of these analysts said I noticed While the focus is on Bitcoin, there is also movement on Ethereum, given its role as the top coin in the cryptocurrency market and the base currency for…
In this very dynamic cryptocurrency world, the classic standards of KYC procedures have been applied to ensure safe and compliant trading. Cryptocurrency exchanges without KYC do not require personal identification, thus challenging the standards in an era where individual-centric trading is becoming a reality.For traders who prioritize privacy, don’t want to use a VPN, and are looking for lower fees, Rankfi offers the best MEXC alternative. Not only does this platform guarantee enhanced privacy and security, it also offers easy access and a user-friendly experience, eliminating the hassle of traditional verification processes. Visit us to learn more about your options…
Policy • August 9, 2024 4:52 PM EDT Posted 1 minute earlier ~ in The IRS has updated its draft cryptocurrency tax return form 1099-DA for cryptocurrency brokerage accounts.“As a refresh, this is the format that ‘brokers’ will begin using to report digital asset transactions to their clients in 2025,” Ji Kim, head of global policy, digital assets and legal counsel at the Crypto Council for Innovation, wrote on social media platform X. “Upon initial review, this draft format appears to have removed wallet addresses, transaction IDs, acquisition times, etc. These are significant changes.”Form 1099-DA, which monitors digital asset income…
Felix Pinkston 09 Aug 2024 14:56 Tether and the African Blockchain Institute have partnered to provide blockchain education to several universities in Côte d’Ivoire, equipping students with practical skills. Tether Operations Limited, a leading company in the digital asset industry, has announced a strategic collaboration with the Africa Blockchain Institute to enhance blockchain education in universities in Côte d’Ivoire. According to tether.io, the initiative aims to provide students with practical skills and a comprehensive understanding of blockchain technology. Educational workshop in Ivory Coast The Africa Blockchain Institute has hosted training workshops at five universities,…