join us telegram A channel to stay up to date on breaking news coverage The price of the FTX token has surged 12% over the past 24 hours, trading at $2.60 as of 4:30 a.m. ET, a nearly 300% surge in volume. This comes amid heightened conversation around FTX after the company sold nearly $1 billion of its Grayscale Bitcoin Trust (GBTC) exchange-traded fund (ETF). A person familiar with the matter told CoinDesk that the largest portion of Grayscale’s outflow was from FTX’s bankruptcy estate, which sold 22 million shares equivalent to the aforementioned amount. ladle: @FTX_Official sold for approximately…
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OKX, a leading Web3 technology company and cryptocurrency exchange, recently announced headline With the integration of wallet and Osmosis Decentralized Exchange Powered the Dollar-Cost Averaging Bot on the Cosmos blockchain and surpassed $10 billion in cumulative institutional trading volume on the Liquid Marketplace. However, even amidst these developments, OKX has been embroiled in controversy over the listing of ICE coins and is facing suspicions about restrictive trading practices. The issue surfaced when Ice, the organization behind ICE Coin, accused OKX of unfair and inconsistent trading restrictions following the listing of ICE Coin on January 19, 2024. Ice claims that despite…
The world’s largest cryptocurrency exchange has announced perpetual contract support for a new altcoin project connecting with the world of traditional finance (TradFi). ONDO (Ondo Finance) is a project that focuses on tokenizing real assets (RWA), focusing on short-term bonds and U.S. Treasury bonds. Ondo’s products are currently only accessible on the Ethereum (ETH), Solana (SOL), and Polygon (MATIC) blockchains. The fund invests in a variety of TradFi markets, including iShares Short Treasury Bond ETF, BlackRock’s short-term Treasury bond exchange-traded fund (ETF). The project is being led by Justin Schmidt, president and COO, and Nathan Allman, founder and CEO, both…
Analytics firm Santiment reports that Cardano still barely leads the cryptocurrency sector when it comes to this metric. Cardano still tops the development activity charts. new post At X, Santiment shared the latest rankings of cryptocurrencies based on data on their respective development activities. “Development activity” here basically means a metric that tracks the total amount of work put into the public GitHub repository by the project developers. One way to track and quantify this activity is to count the number of “commits” (where a commit is any change written to the repository). However, there are problems with this methodology.…
Security • January 23, 2024 5:54 AM EST Posted 1 minute ago In ~ Interoperability protocol Socket said Tuesday that it had recovered 1,032 ethers (worth $2.3 million at current prices) after exploiting the Bunge Bridge protocol it developed.In an update toA security incident last week affected wallets that had unlimited authorization for socket contracts. The project responded and suspended affected contracts, but at least $3.3 million worth of funds were stolen, according to blockchain security company PeckShield.“The vulnerability was caused by incomplete validation of user input, which was exploited to steal funds from users who accepted vulnerable SocketGateway contracts,”…
Minimum ETH threshold reached 🎉; December 1, 12:00 PM (UTC) Genesis Try running Node! Monitor updates through Genesis 🙌 Eth2 Genesis, December 1st. Get ready! this week deposit agreement The minimum threshold has been reached. 16384 Genesis begins with a 32-ETH validator deposit. Genesis time is 1606824023 — That is, December 1, 2020, 12:00:23 PM (UTC). If you made a Genesis deposit, please participate actively this week. Set up your node 🖥 Now it’s time to configure the nodes. Sync your eth1 client (start now! It may take a while), configure your favorite eth2 client, and load the validator. Check…
Ethereum price extended losses and tested the $2,300 support. ETH is currently trying to recover above the $2,340 level and may test $2,390. Ethereum began a new downtrend below the $2,420 and $2,400 levels. The price is trading below $2,400 and the 100-hour simple moving average. On the ETH/USD hourly chart (data feed via Kraken), a breakout occurred above a bearish trend line connecting with resistance near $2,340. After breaking the $2,390 and $2,400 levels, the pair will attempt a new increase. Ethereum price revisits $2,300. Ethereum price has struggled to initiate a new rally above the $2,550 and $2,580…
Explore the digital frontier of financeThe Bank for International Settlements (BIS) has unveiled its ambitious agenda for 2024, focusing on central bank digital currencies (CBDCs), blockchain-based tokenization, cybersecurity, and green finance development. This move highlights BIS’ commitment to driving innovation in the global financial environment.Project Promisa: Pioneering Tokenized Promissory NoteA highlight of the BIS 2024 program is Project Promissa, a joint effort involving BIS, the Swiss National Bank and the World Bank. This project aims to develop a proof of concept for a platform dedicated to digital tokenized promissory notes. Traditional promissory notes, an important part of the financial system,…
There are countless options to choose from when investing in your business. From marketing and advertising to technology and infrastructure, the choices can be overwhelming. However, one investment that has been gaining traction in recent years is Litebar. In this article, we will discuss why Litebar is the best investment for your business and how it can help you achieve your goals. What is a light bar? Litebar is an innovative lighting solution designed to enhance the mood and visual appeal of any space. A versatile, customizable lighting system that can be customized to fit the unique needs of every…
As prices fell, discussions around cryptocurrencies plummeted. Whales are buying BTC dips while other whales continue to sell ETH.. Until January 22nd, the price of Bitcoin (BTC) remained above $40,000. Ethereum (ETH) has also been trading above $2,400 so far. However, the last 24 hours have been disastrous for the top two cryptocurrencies. During the same period, BTC fell 3.00%, and the value of ETH fell 3.59%. The decline has led to less conversation about the project. Using Santiment’s social volume screen, AMBCrypto found that discussion of ETH has decreased by 21% compared to when the SEC approved a Bitcoin…