Author: e_cash_top

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[ad_1] Solana Foundation‘s Product and Technology Leader, Matt Sorg, talked to CryptoSlate’s Akiba about Solana and its future in the crypto sphere. Akiba started by asking what attracted Sorg to Solana. As a response, Sorg said that he believed Solana to be a lot more different than other protocols in terms of technology, scalability, and…

Top 10 cryptocurrencies record mixed market performance

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[ad_1] The cryptocurrency market cap saw net outflows of $3.99 billion over the last 24 hours and currently stands at $857.03 billion — down 0.41% from $861.02 billion over the reporting period. Bitcoin’s market cap decreased by 0.64% to $327.06 billion, while Ethereum’s market cap increased by 0.20% to $157.74 billion The top 10 cryptocurrencies…

FTX Japan to Unfreeze Withdrawals of Client Funds

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[ad_1] Japanese users of failed crypto exchange FTX might soon be able to withdraw their funds as the Japanese subsidiary said it is working to make funds available to their customers. FTX as a whole suspended its withdrawal services on Nov. 8. The new FTX trading management team has approved the plan to resume withdrawal services…

Over 8% Bitcoin supply was bought between $15.5K and $17K

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[ad_1] The UTXO Realized Price Distribution (URPD), a metric for indicating the percentage of BTC supply across a specified market price, indicated 8% of the Bitcoin supply was bought between $15,500 and $17,000, according to data analyzed by CryptoSlate. An interpretation is determined by averaging the cost of acquiring Bitcoin holdings, with which the analysts…

Galaxy Digital wins bid for GK8 in Celsius bankruptcy asset auction

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[ad_1] Celsius Network Lending, Technology Company in Europe, North America Celsius Network was founded in 2017 with the mission to harness blockchain technology to provide unprecedented financial freedom, economic opportunity, and income equality for the 99%. Learn More Info Twitter LinkedIn [ad_2] Source link

OpenSea’s Ethereum gas usage has declined to almost zero

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[ad_1] CryptoSlate’s analysis of gas consumption on the Ethereum (ETH) network based on transactions interacting with non-fungible tokens contracts showed that OpenSea’s gas usage has declined to almost zero. The analysis included token contract standards (ERC721 and ERC1155) and other NFT marketplaces like LooksRare, Rarible, and SuperRare. Source: Glasnode According to the above chart, overall…

Bitcoin drops 1.4% on better-than-expected US payroll data

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[ad_1] The U.S. Bureau of Labor Statistics (BLS) released nonfarm payroll data showing 263,000 jobs were added in November. As an initial response, Bitcoin recorded a 1.4% swing to the downside, finding support at $16,780. Jobs growth puts more pressure on the Fed U.S. nonfarm payroll was forecast to rise by 200,000 for November. The…

Binance freezes $3M from Ankr exploit

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[ad_1] Binance CEO Changpeng Zhao revealed on Dec. 2 that the exchange froze around $3 million of the funds from Ankr’s hack. Possible hacks on Ankr and Hay. Initial analysis is developer private key was hacked, and the hacker updated the smart contract to a more malicious one. Binance paused withdrawals a few hrs ago.…

Analysis of crypto transaction fees suggests exchanges prefer to move in Bitcoin

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in Uncategorized

[ad_1] Crypto exchanges can earn revenue through various means, including lending to margin traders, liquidation fees, and on/off ramping charges. However, the core revenue generator remains taking a fee on transactions. There are multiple types of transactions and, therefore, many types of transaction fees. When comparing different transaction fees on the Bitcoin and Ethereum chains,…

November closes as one of the worst months for ETH or BTC, SBF claims the FTX collapse was a mistake

Dec 1, 2022

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