Binance Asked to Provide More Information as Dubai Tightens Screws Against Crypto Entities – Regulation Bitcoin News

Bitcoin Crypto  Se le pidió a Binance que proporcionara más información mientras Dubái aprieta los tornillos contra las entidades criptográficas – Reglamento Bitcoin Noticias  Hace 12 minutos  Noticias de Bitcoin Ethereum  Según se informa, la Autoridad Reguladora de Activos Virtuales de Dubái (VARA) le ha pedido a Binance que comparta más información sobre la estructura de propiedad del intercambio de criptomonedas y sus procedimientos de auditoría. Según los informes, los reguladores de Dubái siguen interesados en fomentar la innovación, pero sin comprometer la seguridad de los fondos de los usuarios.   Se le pidió a Binance que proporcionara más información  The collapse of the crypto exchange FTX prompted Dubai regulators to ask for more information from crypto license applicants such as Binance, a Bloomberg report has said. According to the April 5 report, officials from Dubais Virtual Assets Regulatory Authority (VARA) have in recent weeks told Binance, which already holds the minimal viable product license, to share more information concerning its ownership structure, governance, and auditing procedures.  As previously reported by Bitcoin.com News, no crypto firm including Binance has been granted a full market product (FMP) license. According to VARA, only holders of this license can offer a full spectrum of their services to Dubai residents. On

2023-04-07Industria

Top economist Mohamed El-Erian has some advice for Jerome Powell and the Fed: ‘Talk less, smile more’

Economía  El destacado economista Mohamed El-Erian tiene un consejo para Jerome Powell y la Fed: Hable menos, sonría más  Hace 11 minutos  Noticias de Bitcoin Ethereum  The Fed came under intense criticism for its delayed response to inflation last year, stepping in to raise interest rates when annualized inflation was already at 7.9%. Many critics targeted Fed Chair Jerome Powell, who along with several other top officials, had said in 2021 that rising prices were only temporary.  One of Powell‘s most ardent detractors is Mohamed El-Erian, an economist and president of Queens’ College, Cambridge. El-Erians latest advice to Powell is about optics and how to avoid making a bad situation worse.  “The least-bad option now consists of holding off on interest-rate hikes and being honest with the market about where interest rates are going. The Fed needs to maintain consistent communication,” El-Erian said in an interview with publicado el jueves.  El-Erian, who has long spoken about how high interest rates risk hurting markets, said in the interview that the stock market has been especially jittery and that Powells public comments tend to send markets spiraling.  El-Erian says Powell “isn‘t sticking to the script” and that it’s causing economic damage. When asked what advice he would give Powell, El-Erian

2023-04-07Industria

Were through the bear market as Bitcoin notches up 70% YTD

Bitcoin  Hemos atravesado el mercado bajista mientras Bitcoin sube un 70% hasta la fecha  Hace 9 minutos  Noticias de Bitcoin Ethereum  Following Bitcoin‘s (BTC) stellar start to 2023, SkyBridge Capital founder Anthony Scaramucci believes “we’re through the bear market” and expressed confidence in his firms crypto investments.  However, “the Mooch” qualified the statement by adding, “That is a guess. We dont know.”  In an April 6 interview with Yahoo Finance, Scaramucci noted that Bitcoin has consistently outperformed every other asset class over longer periods of time, saying:  “But any time that you‘ve held Bitcoin in a four-year rolling interval, so you pick the day, hold it for four years, you’ve outperformed every other asset class.”  Scaramacci also expressed his bullish outlook for the leading crypto by market cap ahead of the next halving cycle, which is set to take place in early March 2024 according to NiceHash.  Bitcoin has historically operated on a four-year cycle, with the start of an upwards trend occurring soon after each halving cycle.  The theory behind the price cycle is that block rewards being halved makes the BTC in existence more scarce, and therefore more valuable.  Bitcoin has recorded gains of nearly 70% in 2023 according to Cointelegraph Pro, increasing from $16,521 to $28,060 compared to

2023-04-07Industria

What is Shapella Upgrade in Ethereum (ETH): Guide

Ethereum  What is Shapella Upgrade in Ethereum (ETH): Guide  Hace 6 minutos  Noticias de Bitcoin Ethereum  forma actualizar is set to go live on the Ethereum (ETH) network at epoch 194,048, or on approximately April 12, 2023. For the first time ever, since the launch of the Ethereum (ETH) deposit contract in March 2020, stakers will be able to withdraw (“unstake”) their deposits.  What is Shapella, and why is it crucial?  Shapella hard fork is the most anticipated network upgrade for Ethereum (ETH) in 2023 and one of the most crucial events in the crypto segment in recent months. The second largest blockchain is on the eve of its most radical tokenomic change in three years.  Shapella is an upgrade on the Ethereum (ETH) network designed to allow users to withdraw their deposits from staking contracts; previously, they were not able to “unstake” their ETH coins;  Shapellas agenda includes changes to the execution layer (Shanghai), consensus layer (Capella) and the Engine API;  Ethereums (ETH) Shapella upgrade is set to be activated on April 12, 2023, at about 10:27 p.m. (UTC);  Shapellas influence on the ETH price might be controversial; the possibility of unlocking funds derisks Ethereum (ETH) staking, but it might also trigger selling pressure on ETH;  Ethereum (ETH) node operators

2023-04-07Industria

How to Farm for ZKSync Token Airdrop: Step-by-Step Guide

Tecnología  How to Farm for ZKSync Token Airdrop: Step-by-Step Guide  Are you a fan of ZKSync, the revolutionary layer 2 scaling solution for Ethereum? If so, you might be excited about the upcoming ZKSync Token Airdrop, but wondering how to get your hands on some of those valuable tokens. Look no further! In this blog post, well take you through the steps you need to follow to farm for the ZKSync Token Airdrop and earn your share of the rewards.  ¿Qué es ZKSync?  ZKSync is a trustless and secure way to scale Ethereum transactions without compromising on decentralization or user experience. It uses zero-knowledge proofs (ZKPs) to compress many transactions into a single proof that can be verified by the Ethereum mainnet. This way, ZKSync can achieve low fees, high throughput, and instant finality for any ERC-20 token.  The ZKSync Token (ZKS) is the native token of the ZKSync network. It has two main functions: governance and utility. Governance means that ZKS holders can vote on the parameters and upgrades of the network, such as fees, validators, and supported tokens. Utility means that ZKS can be used to pay for transaction fees on ZKSync, as well as to stake for becoming a validator or delegating

2023-04-07Industria

zkSync Eras elegant fix for 921 ETH ‘stuck forever’ in smart contract

Matter Labs, the team behind Ethereum layer 2 scaling solution zkSync, has confirmed that 921 Ether (ETH) worth $1.7 million is currently stuck in one of its new smart contracts, GemstoneIDO.  However, the firm claims the funds to be “safe” and to have found an “elegant” solution to transfer the funds out, which accumulated during its token sale.  While initially stating that the funds wont be “stuck forever,” Matter Labs explained in its most recent tweet that it has found an “elegant solution” that will be able to “unfreeze” the GemstoneIDO contract and transfer the funds out.  @GemholicECO, who ran into a problem with their smart contract on zkSync Era, has reached out to us for support, which we provided.  Wed like to give the community an update and further context on their issue in full transparency, as we always have and always will.  — zkSync ∎ (@zksync) April 7, 2023  Matter Labs identified the issue to have stemmed from the .transfer() function in the GemstoneIDO smart contract, which is part of a project run by the GemholicECO ecosystem.  Matter Labs said that the issue could have been prevented had they deployed the contract on a testnet first.  “Unfortunately, the contracts were deployed on Era mainnet without having

2023-04-06Defi

MicroStrategy compra 1,045 Bitcoin por valor de 29.3 millones de dólares

Bitcoin  MicroStrategy compra 1,045 Bitcoin por valor de 29.3 millones de dólares  El cofundador de MicroStrategy, Michael Saylor, anunció una compra adicional de 1,045 Bitcoin (BTC). La compañía ahora tiene 140,000 BTC.  Según una presentación del Formulario 8-K ante la Comisión de Bolsa y Valores (SEC), MicroStrategy ahora tiene 140,000 BTC. Compró 1,045 BTC adicionales por 29.3 millones de dólares entre el 24 de marzo y el 4 de abril a un precio medio de 28,016 dólares.  MicroStrategy casi en un punto de equilibrio de su participación en Bitcoin  La compra reciente reduce el precio promedio de la participación de MicroStrategy a $29,803. Por lo tanto, la compañía ha bajado aproximadamente un 4.14 % en sus tenencias de BTC según el precio de mercado actual de $28,568 XNUMX.  La firma de Michael Saylor ha invertido en Bitcoin a un precio de compra total de aproximadamente $4.17 mil millones. Teniendo en cuenta estos datos, MicroStrategy tiene una pérdida no realizada aproximada de 172.6 millones de dólares.  Fuente: BeInCrypto  Antes de esta compra, MicroStrategy adquirió 6,455 BTC a un precio promedio de $23,238 23 el 2020 de marzo. La empresa ha estado acumulando Bitcoin desde 11. El 2020 de agosto de XNUMX, en el primer compró 21,454 BTC a un

2023-04-06Industria

Saylor Advocates the Growth of the US Dollar, Calls Gold Enemy

Tecnología  Saylor aboga por el crecimiento del dólar estadounidense y llama enemigo al oro  Chris Blec stated that Michael Saylor had used Peter Schiffs argument against Bitcoin to speak against gold.  Saylor commented that gold is Bitcoin‘s enemy and the community’s focus should shift to the US dollar.  Blec argued that Saylor has been praising the expansion of fiat.  The decentralized finance researcher and analyst Chris Blec argued that Michael Saylor, the CEO of the business intelligence company MicroStrategy, has used the same arguments put forward by the economist Peter Schiff against Bitcoin, while the former posited statements against gold.  Notably, Blec commented, referring to Saylors “retorted rant” about the leading cryptocurrency Bitcoin, that his words seem to be “praising the expansion of fiat.” Blec also added that the MicroStrategy CEO expects the success of the digital dollars. In the early hours of April 5, Blec shared a Twitter thread, commenting that Saylor has “lost his marbles”:  I think this guy @saylor has lost his marbles.  Hes using the same exact arguments against gold that @PeterSchiff would use against Bitcoin.  AND he‘s praising the expansion of fiat.. and it almost sounds like he’s HOPING for CBDC/digital dollar. https://t.co/NtINN7nBxe  - Chris Blec (@ChrisBlec) 5 de abril de 2023  Significantly, the crypto investor

2023-04-06Industria

OKX Crypto Exchange and Manchester City’s Rúben Dias Launches OKX Collective Dubbed Train Like Dias

According to Haider Rafique, Global Chief Marketing Officer at OKX, the launch of Train Like Dias is a true testament that Web3 can revolutionize anything without limits.  The OKX cryptocurrency exchange, a Seychelles-registered crypto firm that ranks second in daily traded volume, in partnership with Rúben Dias, a Portuguese professional footballer who plays for Premier League club Manchester City, has announced the launch of an immersive metaverse fan experience dubbed Train Like Dias. The Train Like Dias OKX collective will allow football fans to closely interact with Dias and experience his training techniques and coaching tips.  The partnership between OKX and Dias is an extension of the collaboration with Manchester City, whereby the exchange became the official training kit partner from 2020 to date. Notably, the OKX Collective is a unique virtual metaverse environment that allows football fans to gain access to special content from City players including Alex Greenwood, Ilkay Gündoğan, Jack Grealish and Rúben Dias.  “The OKX Collective is a unique way to bring fan interactions to the next level. Through the metaverse, we can give fans across the globe a glimpse into how I prepare for matchday and maybe how they can improve their own game,” Rúben Dias said.  Through his

2023-04-05Industria

ADA outperforms ETH in key parameter as Charles Hoskinson...

In a tweet shared by Cardano founder Charles Hoskinson, the Cardano [ADA] network was shown to have significantly more unique staking wallets than the largest proof-of-stake network (PoS), Ethereum [ETH].  Lea la predicción de precios [ADA] de Cardano para 2023-24  The data provided by Hoskinson showed that the number of unique users staking on Cardano was nearly 1.23 million as compared to just 88,400 on the Ethereum chain, intensifying competition between the two largest networks by staking market cap.  Cardano es bastante especial. Es casi como si mucha gente pensara en cómo construir un excelente protocolo de participación hace años y lo hizo posible. pic.twitter.com/SydlMTYyy1  - Charles Hoskinson (@IOHK_Charles) 3 de abril de 2023  A comparison between the two networks  As per Staking Rewards, Ethereum was the largest network by staking market cap, having hit a value of more than $34 billion at press time. However, considerably less ETH tokens were used for staking purposes as the staking ratio was just 15.6%. In Cardanos case, the staking ratio was more than 68%.  Furthermore, the growth in the number of validators on the Cardano chain was better than that of Ethereum. Despite the hype surrounding the upcoming Shanghai Hard Fork, the cumulative validator count on Ethereum grew only

2023-04-05Industria
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