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Crypto whales have amassed tens of millions of dollars worth of funds from two major exchanges to one Ethereum (ETH) rival, according to on-chain data. Blockchain tracking firm Lookonchain reports that three deep-pocketed investors have suddenly accumulated nearly $35 million worth of Solana (SOL) from Binance and Kraken. “Whales are saving SOL!” AA21…VxH9 withdrew 153,511 SOL ($26.4 million) from Binance in the past 6 days [from October 27th] And I bet it. EHax…gAUa withdrew 35,498 SOL ($6.12 million) from Binance and Kraken in the past 3 days [from October 27th] And I bet it. EGzi…mR7g withdrew 13,000.8 SOL ($2.3 million)…
New technological challenges and opportunities emerge as the cryptocurrency ecosystem and DeFi grow LONDON, UK / ACCESSWIRE / October 29, 2024 / Among them, MEV (Maximum Extractable Value) has become one of the most important challenges facing smart contract blockchains like Ethereum. MEV refers to the way block producers extract value from users by rearranging, inserting, or censoring transactions within blocks. Zenmefu provides a deep analysis of these MEV issues and provides new strategies to protect and efficiently manage user assets.What is MEV?MEV represents an opportunity for block producers to generate additional revenue by changing the order of transactions within…
Mitsubishi UFG says the euro remains under pressure due to the difficult macroeconomic background in the euro area
delay 08:38:08 2024-10-29 PM EDT 5 days change Changes on January 1st 1.0822 USD +0.02% +0.39% -1.93% This article is for members only Not a member? Free registration Number of job offers decreased in September, turnover rate increased October 29th MT Safe-haven purchases drive gold to record high ahead of US election October 29th MT Currency: Not as bullish as in the morning, but +high/3 months October 29th C.F. CAC40: Erases the morning rise and ends in the red October 29th C.F. Fed to cut interest rates by 25 basis points in next two meetings – Reuters poll October 29th…
Ethereum (ETH) founder Vitalik Buterin recently responded to growing criticism of the user experience of Ethereum's Layer 2 solution. He said it was important to address the challenges to further develop the platform and reiterated that the development team is working on achieving seamless cross-L2 interoperability. His comments came after Ethereum supporters spoke out about the current limitations of Ethereum's multi-chain environment. They called it a “pain” for crypto natives and “unusable” for beginners.Ethereum people should not feel the need to justify the current deficiencies.When we feel powerless to build the future, it's natural to tend to justify the present.But…
Cover image (via U.Today) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. The recent surge in Bitcoin prices has led to an increase in pre-market trading in crypto-related stocks, with…
Bangkok, Thailand – Devcon, the Ethereum Foundation’s premier developer and community conference, will be held from November 12th to 15th, 2024 in Bangkok, Thailand. This groundbreaking event will bring together thousands of developers, innovators, and thought leaders from around the world. This marks an important milestone for Thailand's burgeoning technology and cryptocurrency community.A global gathering in the heart of Southeast AsiaDevcon 7 is expected to draw more than 10,000 attendees to Bangkok's Queen Sirikit National Convention Center (QSNCC). The conference will serve as a melting pot of ideas and foster collaboration and knowledge exchange among developers, researchers, and enthusiasts in…
FTX secures huge $228 million contract to withdraw assets from cryptocurrency exchange Bybit
The company, once run by Sam Bankman Freed, a 25-year convict, has disappeared amid ongoing efforts to recover assets to repay creditors affected by the 2022 bankruptcy. Cryptocurrency exchange FTX has reached an agreement with UAE-based cryptocurrency platform Bybit, allowing it to exit. The assets were transferred as part of a $228 million settlement. FTX to recover funds from Bybit According to report According to Bloomberg, the settlement includes FTX dropping its lawsuit against Bybit Fintech Ltd and related entities. The company is seeking approval from the U.S. Bankruptcy Court for the District of Delaware to finalize the agreement, which…
As November approaches, the cryptocurrency market is poised for potential profits as Bitcoin's rally reignites investor interest. Bitcoin has been on an upward trend recently, pushing other altcoins higher. However, market dynamics suggest that some altcoins could outperform Bitcoin as momentum builds in November. Three virtual currencies to surpass Bitcoin in November Bitcoin price rose 5.4% to over $71,200. cryptocurrency market It gained momentum ahead of the US presidential election. Here are three cryptocurrencies that are expected to rise significantly as market conditions continue to be favorable. Dogecoin (DOGE) Dogecoin (DOGE), a popular meme-based cryptocurrency featuring the Shiba Inu from…
EUR/USD has been modestly rising above 1.0800 this week as investors await a series of macroeconomic indicators from the US and Eurozone. US JOLTS job openings are estimated to have decreased slightly in September. Traders are questioning the scale of the ECB's expected rate cut in December. EUR/USD rose slightly in Tuesday's European session around the round level figure of 1.0800. Major currency pairs are firming up as the US dollar (USD) continues to rally ahead of this week's series of US macroeconomic indicators and heightened uncertainty surrounding the US presidential election to be held on November 5th. There is.…
Ethereum co-founder Vitalik Buterin recently announced the fifth phase of Ethereum’s roadmap, dubbed “The Purge,” which analysts believe is a strategic move for the ETH bull market. This update targets the network's data bloat by reducing unnecessary data storage, making Ethereum more efficient while maintaining core principles of security and performance. The announcement comes amid speculation that the cryptocurrency market could soon enter a new bullish phase. Some analysts have suggested that this development may be a strategic move by China. Buterin To prepare for increased network usage. Ethereum performance impact Although this change is technical, its impact could extend…