reporter Posted on: November 28, 2023 Over the past two months, there has been a steady flow of funds into cryptocurrency-based investment products. Ethereum’s month-long inflows have nearly dwarfed all outflows recorded so far this year. Digital asset investment products recorded an inflow of $346 million last week. This represents the largest single weekly inflow in nine consecutive weeks ever recorded, digital asset investment firm CoinShares said in a new report. report. According to the report, the surge in fund inflows last week was due to expectations for the launch of a U.S. spot-based ETF. CoinShares found that last week’s…
Author: Crypto Flexs
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summary Applying traditional approaches to asset inheritance to digital assets introduces complexity and risk. Among the greatest risks (1) Create an up-to-date inventory of your digital assets, failing which your assets will become inaccessible. (2) Entrusting your credentials to access your digital assets to a third party. If you choose the wrong person, that person You may lose your assets, transfer them to unauthorized third parties, or attempt to access them before you are authorized to do so.. Risks of Using Traditional Approaches to Inheriting Crypto Assets traditional approach1. Select a beneficiary.2. Write instructions for how this person will have…
Cudo, the sustainable team kudos blockchain, kudo computing and miracle minerhas introduced an exciting latest addition to the Cudos ecosystem: AuraPool, an NFT marketplace for hashrate collectibles. AuraPool, the first NFT marketplace, connects NFT fans, digital art collectors, Bitcoin miners, casual gamers, and mining farms alike through a frictionless platform that provides utility to the world of digital collectibles. AuraPool is the first tokenized infrastructure marketplace for the next generation of sustainable Bitcoin miners, providing clean energy for mining through hashrate collectibles. The NFT marketplace splits the hashrate generated from renewable energy BTC farms into daily rewards, which are then…
Posted 1 minute ago In ~ Changpeng ‘CZ’ Zhao has stepped down as chairman of the board of directors of Binance.US, the U.S. branch of the cryptocurrency exchange. said On Tuesday. The former Binance CEO transferred his voting rights through a proxy agreement, the company added. The move removes Zhao’s influence in Binance.US’ governance and makes his interest in the company “purely economic.” Zhao plead guilty He was charged in a Seattle court last week with violating the Bank Secrecy Act and causing a financial institution to violate the Bank Secrecy Act. He also agreed to pay a $50 million…
A new warning has emerged that Bitcoin (BTC) could face difficulties once it becomes the first spot exchange-traded fund (ETF) to be approved in the United States.in line On November 28 at X (formerly Twitter), Joshua Lim, head of derivatives at capital markets firm Genesis Trading, predicted a volatile start to 2024 for BTC price action.Bitcoin ETF Approved: Retail Could Be ResponsibleBitcoin is already a target for traditional finance, or “TradFi,” which is betting on a big win in spot ETF approval, Lim said.The thread explained CME Group’s Bitcoin open interest with data. “We know Tradfi experts/macro tourists are already…
Assetclub unveils gamefi project with 1 million token airdrop: merging traditional finance with web3 – Chainwire housenewsroomAssetclub unveils gamefi project with 1 million token airdrop: merging traditional finance with web3 We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access…
Binance’s Japanese arm plans to nearly triple the number of cryptocurrency tokens listed on its platform. A Japanese cryptocurrency exchange has announced that it will soon offer 100 cryptocurrency assets for trading. The exchange plans to cooperate with local exchanges and market makers to secure liquidity. Binance Japan also plans to register a company to broker fiat-backed stablecoin transactions. Binance Japan is reportedly planning to triple the number of cryptocurrency assets available on its trading platform. The Japanese branch of the world’s largest cryptocurrency exchange plans to soon increase the number of cryptocurrency tokens listed on its platform from 34…
Last week, the Reserve Bank of India updated its warning list of unauthorized forex trading platforms and added 19 new entities, including: black bullAdmiral Market, Easy Markets, Enclave FX, Finowiz Fintech, FX SmartBull, Fx Tray Market, Forex4you, Growing Capital Services, HF Markets, HYCM Capital Markets, JGCFX, PU Prime, Real Gold Capital, TNFX, Ya Markets, Gate Trade, right away. Marketplace and GoDo FX. RBI had taken a similar step in February 2023, when the central bank updated its list of unauthorized forex websites and apps, which included 34 forex trading platforms. The updated list consisted of 48 names, including: Avatrade, PepperstoneFP…
Every true blockchain project that leverages artificial intelligence has 100 coins. Magazine spoke with Near founder Illia Polosukhin, Framework Ventures founder Vance Spencer, MakerDAO founder Rune Christensen, Quantstamp’s Richard Ma, Casper’s Ralf Kubli and others to explore real-life, not overhyped, use cases for AI in cryptocurrency and blockchain. We will be releasing one real-world use case of AI in cryptocurrency every day this week. This includes why you shouldn’t believe the hype. AI can help run DAOs MakerDAO is creating an Atlas of the entire project to support AI governance (Maker). The decentralized autonomous organizations that exist today are a…
join us telegram A channel to stay up to date on breaking news coverage Every day we review a few of our picks: Best Cryptocurrencies to Buy NowBased on the latest market trends, blockchain news and trend narratives. It is noteworthy that stablecoins, designed to maintain fixed value and mitigate volatility, have emerged as a dominant force. 24 hours trading volume The current value of stablecoins is $45.57 billion, accounting for 92.34% of the total cryptocurrency market size. Best Cryptocurrencies to Buy Now It is important to approach these indicators from a neutral perspective while acknowledging the volatility of the…