Pinakabagong Balita sa Crypto at Market Updates

Multichain Token Crashes Over 20% Amid Reports of Users Funds Being Stuck

Tech　　Nag-crash ang Multichain Token sa Higit sa 20% Sa gitna ng Mga Ulat ng Mga Pondo ng Mga User na Natigil　　8 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Users of the cross-chain router protocol Multichain have been reportedly experiencing delays in receiving their funds following an upgrade.　　There have also been rumors about the arrest of the Multichain team, which is yet to be confirmed.　　MULTI Sinks 24% in 24 Hours　　Several Multichain users have complained about their funds being stuck in the protocol for as long as 72 hours. Part of the problem seems to stem from a backend upgrade, which the team said is taking longer than usual.　　According to an operation update provided on May 23, Multichain said:　　The upgrade of the back-end node is taking longer than expected. Most of the routes are working as usual, as some routes (Kava, zkSync, Polygon zkEVM) are suspended temporarily for now. All the affected transactions will arrive once the upgrade is complete.　　Meanwhile, ongoing discussions on Multichains Telegram channel as of May 24 revealed that all but one router was undergoing an upgrade. One of the admins in the group said, “Only one router left in the upgrade progress. Other 6 routers work fine now,” with

2023-05-25Industriya

Hestia Launches a Blockchain based Freelance Platform, Redefining...

blockchain　　Inilunsad ni Hestia ang isang Blockchain based na Freelance Platform, Muling Pagtukoy…　　6 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Sa panahon kung saan ang mundo ng crypto ay pinangungunahan ng GameFi, DeFi, NFTs, at meme coins, binabago ni Hestia ang industriya sa pamamagitan ng pagpapakita kung paano mailalapat ang mga cryptocurrencies at teknolohiya ng blockchain sa mga tradisyonal na proyektong pang-ekonomiya.　　Ang Hestia, isang groundbreaking na desentralisadong freelance na platform, ay ginagamit ang kapangyarihan ng desentralisasyon upang ipagsiksikan ang ekonomiya ng gig at bigyang kapangyarihan ang mga freelancer at kliyente.　　Ang proyektong Hestia ay namumukod-tangi mula sa mga katapat nitong crypto sa pamamagitan ng pagtuon sa mga real-world na aplikasyon at paglikha ng isang napapanatiling ecosystem para sa malawak na hanay ng mga industriya. Sa pamamagitan ng paggamit ng mga pakinabang ng teknolohiyang blockchain, nag-aalok ang Hestia ng isang makabagong modelong pang-ekonomiya na nagbibigay-daan sa patas na pamamahagi ng kapangyarihan, kayamanan, at pamamahala ng komunidad.　　Isang Bagong Modelong Pang-ekonomiya: Desentralisasyon sa Ubod Nito　　Ibinubukod ito ng desentralisadong diskarte ni Hestia sa mga tradisyunal na freelance na platform, na kadalasang dumaranas ng mga isyu sa sentralisasyon at kaugnay na kawalan ng kahusayan. Sa pamamagitan ng pag-aalis ng pangangailangan para sa isang sentral na awtoridad, ang Hestia

2023-05-25Industriya

CFTC thinks crypto fraud is basically unstoppable – Cryptopolitan

crypto　　Iniisip ng CFTC na ang pandaraya sa crypto ay karaniwang hindi mapigilan - Cryptopolitan　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Cryptocurrency fraud, an emergent and daunting concern, appears to be a battle of epic proportions for regulatory agencies. The US Commodity Futures Trading Commission (CFTC), a key overseer of this increasingly complex space, is finding the scale of this malfeasance overwhelming, yet remains undeterred.　　Christy Goldsmith Romero, a distinguished commissioner of the CFTC, asserted at a recent white-collar crime conference at the New York City Bar Association that while the prevalence of crypto-related fraud is daunting, the agency remains resolute in its efforts.　　An alarming 20% of the CFTCs current caseload pertains to cryptocurrency, signifying a new frontier in its supervisory responsibilities.　　Highlighting the depth of this predicament are recent civil cases that the CFTC has brought against crypto exchanges like Binance and FTX. These cases illustrate the intricacies of the regulatory landscape.　　Binance, one of the largest global crypto exchanges, and its founder, Changpeng Zhao, have been sued by the CFTC for allegedly maintaining a veneer of compliance.　　While Zhao dismisses the allegations as an “incomplete recitation of facts”, the case highlights the challenges the agency faces in grappling with the fast-evolving digital asset

2023-05-25Industriya

BTC & ETH Drops as UK CPI Hits after Ages

Bitcoin Ethereum　　BTC & ETH Drops as UK CPI Hits after Ages　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The post BTC & ETH Drops as UK CPI Hits after Ages appeared first on Coinpedia Fintech News　　Bitcoin and other major cryptocurrencies fell due to poor UK performance in broader equity markets. With Bitcoin dropping below $27k during Asia trading and markets reacted to poor UK inflation figures. UK surprises as CPI (Customer Price Index) rose to 6.8% since 1992, surpassing the forecast of 6.2%. UK banks ongoing pressure in an interest rate hike, Bitcoin drops 2% in the past 24 hours, trading below the $27k resistance level and reversing earlier gains. Ether traded around $1,800 while SOL & BNB tokens show a loss.

2023-05-25Industriya

Ethereum Has Dual Regulatory Potential as Commodity and Security

Ethereum　　Ethereum Has Dual Regulatory Potential as Commodity and Security　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Dan Berkowitz, a former commissioner of the CFTC and former general counsel at the SEC, hinted that it is possible to categorize Ethereum as both a commodity and a security.　　As cryptocurrencies grow more popular, there is a rising need for clarity about their legal status, as many people see them differently based on the regulatory provisions within their jurisdiction. In what seems like an addition to the ongoing talks about the regulatory status of Ethereum, Dan Berkovitz, a former commissioner of the Commodities Future Trading Commission (CFTC), said in an interview on the May 23 edition of the unchained podcast that Ethereum could be a security and, at the same time, a commodity.　　According to him, Ethereum can fall under the Securities and Exchange Commission (SEC) and the CFTC regulatory provisions. While the former is making efforts to classify Ethereum clearly but tilts towards regarding it as a security, the latter regard it as a commodity.　　Explaining CFTC and SEC Overlapping Definitions　　Speaking further, he examined the definitions the two regulatory bodies provided for securities and commodities and identified some shared characteristics. According to the CFTC‘s provision, a

2023-05-25Ethereum

Vitalik Buterin’s pre-crypto game makes waves on Ethereum’s IPFS Network – Cryptopolitan

crypto Ethereum　　Ang pre-crypto game ni Vitalik Buterin ay gumagawa ng mga wave sa IPFS Network ng Ethereum – Cryptopolitan　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　In the ever-evolving landscape of crypto and blockchain technology, there are few names that stand out as prominently as Vitalik Buterin. As the co-founder of Ethereum, Buterin has been instrumental in shaping the future of decentralized applications and smart contracts.　　However, it is not just his contributions to the world of finance that have garnered attention; Buterins foray into the realm of games has been making waves in the crypto community, captivating audiences, and setting new standards for innovation.　　Vitalik Buterin, co-founder of Ethereum, has introduced his followers to a “real-time strategic game” dubbed Slasha. Buterin on Tuesday referred to it as a “totally random fun thing” and encouraged his followers to try it.　　Vitalik Buterin provided a brief description of the game and disclosed that he had created it in 2011, prior to his involvement in the cryptocurrency industry. In the game, players assume the role of commanders, directing their armies against the evil forces of a wicked wizard and his demon minions.　　Ganap na random na nakakatuwang bagay:　　Kumuha ako ng larong ginawa ko sa aking pre-crypto days

2023-05-25Ethereum

Ethereum price is pinned below $1.9K, and data suggests that is unlikely to change in the short–term

Ethereum　　Ang presyo ng Ethereum ay naka-pin sa ibaba $1.9K, at iminumungkahi ng data na malamang na hindi magbago sa panandaliang panahon　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ether‘s price has been stuck below $1,920 for the past 16 days, which is especially concerning since the latest breakout attempt on May 6 lasted less than 24 hours. Excluding this brief price pump, Ether’s (ETH) journey below $1,920 was initiated on April 21, over 30 days ago.　　One can likely blame the Ethereum network‘s $8.80 average transaction fee for investors’ diminished appetite, but the macroeconomic environment has also played an important role. On May 22, JPMorgan Chase CEO Jamie Dimon said it is impossible to predict the outcome of the Federal Reserves monetary policy, designed to curb inflation.　　As CNN reported, Dimon added:　　“Youre already seeing credit tighten up because the easiest way for a bank to retain capital is not to make the next loan.”　　The uncertainty surrounding the United States debt ceiling standoff between Joe Biden‘s administration and the U.S. Congress is the probable cause for the worsening sentiment among institutional investors toward cryptocurrencies. According to CoinShares’ latest “Digital Asset Fund Flows Report,” outflows across digital asset investment products hit $232 million over the

2023-05-24Ethereum

Elon Musk Asks Not To Bet The Farm On Crypto And Dogecoin

“Im not advising anyone to buy crypto or bet the farm on Dogecoin,” said Tesla and Twitter CEO Elon Musk during a virtual conference hosted by the .　　Musk also agreed that he remains a fan of Dogecoin meme coin, saying　　Elon Musk Warns Investors of Putting All Money in Crypto or Dogecoin　　Sa panahon ng CEO Council Summit in London, Elon Musk Nagbahagi a rare piece of advice for investors to avoid putting all their money on crypto or Dogecoin. Elon Musk advising crypto enthusiasts and Dogecoin fans is slightly in contrast to his recent stance on crypto and Dogecoin.　　Elon Musk just gave his current views on crypto on an interview with WSJ　　Elon Musk hinted at integrating Dogecoin for payments on Twitter and even accepting DOGE as payment for the Twitter Blue subscription. Dogecoin created as a joke now has a market capitalization of $10 billion, entering the top 10 cryptocurrencies.　　He even changed the iconic Twitter logo from “blue bird” to Dogecoin logo recently to show his support for the meme coin. However, Musks massive support for Dogecoin caused a $258 billion racketeering lawsuit accusing him Musk of running a pyramid scheme. In April, he urged the court to dismiss the lawsuit.　　In

2023-05-24Industriya

Crypto Exchanges Are Experiencing a Big Drop in Asset Inflows

The amount of digital assets being moved into centralized crypto exchanges has fallen to its lowest level for this market cycle.　　On May 23, on-chain analytics platform Glassnode reported that major asset inflows to crypto exchanges are currently at a cyclical low. Furthermore, they are at the lowest value since the start of the last bull market at $1.65 billion.　　Glassnode commented on the low liquidity at the moment, and its correlation to crypto exchange flows:　　“With exchanges being the primary destination for market speculation, a large compression in inflows highlights the fact that structural market liquidity remains extremely low.”　　It added that this was compounded by the removal of major market makers. Earlier this month, global market makers Jane Street and Jump Crypto axed their U.S. trading plans due to the ongoing regulatory crackdown.　　Crypto exchange flow across major assets – glassnodeCrypto Exchange Liquidity Falling　　The data suggests that low liquidity could induce higher market volatility. Earlier this week, BeInCrypto reported that higher volatility was on the horizon following a tightening of price ranges.　　Moreover, Glassnode confirmed the findings stating that this could also be a catalyst for more volatility.　　“With an increasingly illiquid market, with very thin order books, the likelihood of market volatility largely increases.”　　Exchange

2023-05-24Industriya

Binance Removes Top Crypto AUD Trading Pairs

Binance, the worlds largest cryptocurrency exchange, has announced the removal of several trading pairs, including those involving the Australian Dollar (AUD), from its platform. The announcement comes amid ongoing regulatory challenges faced by the exchange, particularly in Australia. Binance has been under investigation by the Australian Securities and Investment Commission (ASIC) regarding its operations and compliance with local regulations.　　Binance Halts Spot Trading Pairs　　In the blog post titled “Notice of Removal of Trading Pairs,” they revealed that the following spot trading pairs would be removed and cease trading on specific dates and times:　　At 2023-05-26 03:00 (UTC): APT/BRL, AMP/BTC, BEL/ETH, FIS/BRL, GAL/ETH, GMT/BRL　　At 2023-05-26 05:00 (UTC): APE/AUD, AVAX/AUD, AXS/AUD, DOT/AUD, FTM/AUD, LINK/AUD, SAND/AUD, SHIB/AUD　　At 2023-05-26 06:00 (UTC): GMT/GBP, JASMY/BTC, KP3R/BNB, REI/BNB, SANTOS/BRL, STMX/BTC, XTZ/BNB　　Binance clarified that users would still be able to trade the affected assets on other available trading pairs within the platform. Additionally, the exchange announced the termination of Trading Bots services for the mentioned spot trading pairs on the respective dates and times.　　Binance Licence Cancelled In Australia　　The removal of AUD trading pairs, scheduled to take effect on May 26, 2023, is seen as a strategic move by Binance in response to the regulatory challenges it faces in the country.　　ASIC

2023-05-24Industriya

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