Pinakabagong Balita sa Crypto at Market Updates

Hong Kong to tighten crypto regulation in wake of JPEX fraud case

Hong Kong regulators are looking to tighten the noose around the crypto market after the arrest of six individuals following allegations of fraud around an unlicensed crypto exchange called JPEX.　　Hong Kong Chief Executive John Lee Ka-Chiu told reporters on Sept. 19 that the government would increase its efforts to inform investors and remind them only to utilize platforms granted Securities and Futures Commission licenses, reported the Associated Press.　　The JPEX issue came to the fore on Sept. 13 when the SFC notified the public that it had received over 1,000 complaints about the unregistered crypto exchange platform, with claims of losses amounting to over 1 billion Hong Kong dollars ($128 million).　　In its warning, the SFC noted that JPEX promoted the platforms services and products to the Hong Kong public through online celebrities and over-the-counter money changers.　　As the problems with JPEX became public, many users of the platform found themselves unable to withdraw their funds, while others complained about reduced wallet balances. After the Hong Kong watchdog warned the exchange, the platform reportedly increased its withdrawal fee to $1,000 to discourage users from withdrawing their assets.　　The crypto exchange later blamed third-party market makers for the ongoing liquidity crisis on the platform that

2023-09-20Industriya

Hinihimok ng Grayscale CEO ang US na yakapin ang umuusbong na sektor ng crypto

In recent remarks to Yahoo Finance, Michael Sonnenshein, the CEO of Grayscale, highlighted the still-emergent nature of the cryptocurrency market. Compared to traditional financial markets, he described the crypto sector as still “in its infancy.” Yet, its growing prominence is undeniable, given the attention it now commands from global entities like the G20 and the IMF.　　grayscale 首席执行官 michael sonnenshein 最近在雅虎财经的讲话中强调了加密货币市场仍处于新兴阶段。与传统金融市场相比，他将加密货币行业描述为仍“处于起步阶段”。然而，鉴于它现在受到二十国集团和国际货币基金组织等全球实体的关注，其日益突出的地位是不可否认的。　　Signifying a significant shift, such international platforms now discuss and deliberate over crypto regulations. Sonnenshein believes that this attention underscores the legitimacy of the technology.　　这些国际平台现在正在讨论和审议加密货币法规，这标志着一个重大转变。 sonnenshein 认为，这种关注强调了该技术的合法性。　　Transitioning to the role of US policymakers, he emphasized the importance of bipartisan discussions. According to Sonnenshein, Washington should actively engage with the crypto sector‘s brightest minds. The industry’s thought leaders can be invaluable assets, offering insights to lawmakers.　　在转变为美国政策制定者的角色时，他强调了两党讨论的重要性。 sonnenshein 认为，华盛顿应该积极与加密货币行业最聪明的人接触。该行业的思想领袖可以成为无价的资产，为立法者提供见解。　　US authorities, in Sonnenshein‘s perspective, have an opportunity at hand. By actively fostering and regulating the crypto market, they can cement the country’s position as a dominant player in this evolving sector. He also pushed for regulations, not as a restrictive measure, but as a tool to protect consumers and encourage the secure growth of the technology. Moreover, a well-regulated crypto industry has the potential to boost the nations economy significantly.　　在 sonnenshein 看来，美国当局手头有一个机会。通过积极培育和监管加密货币市场，他们可以巩固该国在这个不断发展的行业中的主导地位。他还推动制定法规，不是将其作为限制性措施，而是将其作为保护消费者和鼓励技术安全发展的工具。此外，监管良好的加密货币行业有潜力显着促进国家经济发展。　　Anatoly Yakovenko, co-founder

2023-09-20Industriya

Inilunsad ng Metis ang Ambisyosong $5 Million DeFi Incentive Plan, Nagtalaga ng 100,000 METIS Upang Aave

Metis has introduced a new DeFi incentive plan with a total value of $5 million, and they have first allotted 100,000 tokens to Aave.　　The Ethereum Layer 2 network has made a resounding entry into the DeFi ecosystem with the announcement of its groundbreaking $5 million DeFi incentive program, known as the Metis Journey.　　The Metis Journey initiative kicks off with a significant allocation of tokens to Aave V3, one of the leading DeFi platforms in the Ethereum ecosystem. The platform has committed to allocating a staggering 100,000 tokens as a powerful incentive to encourage Aave users to participate in liquidity pools on the platform network. These liquidity pools encompass a range of assets, including ETH, METIS, USDC, USDT, and DAI.　　This move underscores the firms commitment to fostering an environment of collaboration and innovation within the DeFi space. By partnering with Aave, they aim to draw attention to the unique advantages and capabilities of the Layer 2 network, which include scalability, reduced gas fees, and enhanced transaction speed.　　The allocation of METIS tokens to incentivize liquidity pool participation is expected to drive increased activity within the ecosystem. It presents an exciting opportunity for DeFi enthusiasts and liquidity providers to engage with the network

2023-09-20Industriya

New Report Suggests Ethereum Is Trading Well Below Its Market Value, Citing A Valuation Of $275 Billion ⋆ ZyCrypto

Balita ng Ethereum ng Bitcoin　　According to new on-chain research, Ether (ETH) is trading below its worth by a staggering 27%.　　The report hinges its analysis on user adoption levels of Ethereums layer 2 networks.　　Layer 2 networks have ballooned in popularity with Optimism and Arbitrum probing new functionalities.　　A new report has placed Ethereums network valuation north of $275 billion, relying on a modification of Metcalfes Law.　　RxR, a joint venture between Re7 Capital and Republic Crypto, has pegged ETHs fair valuation at $275 billion in its latest analysis. According to the report, the network is currently trading below fair value by 27% if certain key factors are considered holistically.　　The report made use of a modified Metcalfe-centric model to arrive at its conclusion, noting that existing models do not take the scaling dynamics into account. Traditional models place a premium on the number of active users on the network‘s mainnet, but RxR’s models rely on data from Ethereums layer 2 networks.　　Metcalfes law states that the financial value of a network is directly proportional to the square of the number of connected users, but extending the model to layer 2 activities yields new results.　　said Lewis Harland, an RxR analyst.　　In the report, the research analyst noted

2023-09-20Ethereum

Shibarium Metric Surges 633% sa Araw

Shibarium eyes jaw-dropping 633% increase in major metric as Shiba Inu realm expands　　In a remarkable turn of events, Shibarium, the backbone of the Shiba Inu ecosystem, has witnessed an astonishing surge in a key metric over the past 24 hours. Data from Shibariumscan reveals that the number of newly verified contracts has skyrocketed by an unprecedented 633%. This surge has propelled the total count of verified contracts on Shibarium to an all-time high of 415, marking a significant milestone in the evolution of the platform.　　This notable increase in verified contracts highlights the importance of transparency and accountability in the smart contract arena. Verifying smart contracts not only improves the flow of information but also communicates the intentions behind these contracts. This transparency is beneficial for projects relying on these contracts, as it provides them with valuable insights into the source code and behavior of these contracts.　　Furthermore, developers utilizing these verified smart contracts gain access to a range of tools and resources that rely on source code, enabling them to enhance their applications effectively. This commitment to trustlessness within the ecosystem also unlocks various features, including transaction decoding, analytics, alerting, simulations and Web3 actions, which bolster the overall strength of Shibarium.　　In

2023-09-20Industriya

Ang Meta Tower ay Nagsimula sa Bagong Frontier: $MT CEX Listing sa Kanga Exchange at Engagement Initiative

Tech　　Ang Meta Tower ay Nagsimula sa Bagong Frontier: $MT CEX Listing sa Kanga Exchange at Engagement Initiative　　7 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Meta Tower, an avant-garde player in the blockchain sphere, is thrilled to unveil its strategic plan for the imminent listing of $MT on Kanga Exchange, set to go live noong Setyembre 26. This momentous step underscores Meta Towers dedication to advancing Social Media 3.0 and propelling the globe into the metaverse.　　In the lead-up to the listing event, Meta Tower is reaching out to blockchain aficionados, adept social media connoisseurs, and lifestyle influencers keen on engaging their target audience and nurturing robust connections with the brand, its vision, and its devoted team.　　Meta Towers accomplished team has initiated a community airdrop to cultivate awareness, foster positive word-of-mouth, and enhance visibility within the lifestyle and gaming metaverse, celebrating this noteworthy listing. Participants now stand a chance to win prizes denominated in $USDT and $MT for actively immersing themselves in the MT ecosystem. Beyond the allure of awards, this initiative aims to educate the broader populace about the metaverse and blockchain, prompting them to delve into MT Tower and acquire profound insights into its pivotal role in shaping the future of

2023-09-20Industriya

Nakiisa ang OKX sa Solana Mobile upang isama ang app sa Saga Web3 smartphone

Pananalapi　　Nakiisa ang OKX sa Solana Mobile upang isama ang app sa Saga Web3 smartphone　　17 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Crypto exchange OKX has announced a strategic partnership with Solana Mobile. The collaboration will see OKX‘s app become one of the first exchange applications available on Solana’s Web3 smartphone, Saga.　　Unlocking the web3 ecosystem for everyday users　　The partnership aims to provide Saga users with seamless access to OKX‘s suite of next-generation products, thereby expanding the reach of decentralized applications and services. Jason Lau, OKX’s Chief Innovation Officer, emphasized the transformative potential of the collaboration. “This alliance dramatically broadens everyday access to the open, decentralized future enabled by Web3,” Lau stated.　　Solana Mobile, a subsidiary of Solana Labs, launched its crypto-ready, Android-based Saga smartphone in April 2023. The device offers self-custody for crypto assets and features a Seed Vault for enhanced security of users‘ private keys. The phone’s architecture is designed to facilitate easy access to Web3 native decentralized applications (dApps).　　OKXs comprehensive suite of Web3 products　　OKX, a frontrunner in the crypto industry, offers a wide array of Web3 products designed to cater to both novices and experts in the crypto space. Among its offerings are the OKX Wallet, a secure and versatile crypto

2023-09-20Industriya

Ang mahinang kumpetisyon sa lahi ng AI ay maaaring makapinsala sa mga mamimili — tagapagbantay ng UK

There is a “real risk” that the artificial intelligence (AI) industry could develop in a way that could end up with only a few firms dominating the market while consumers are bombarded with harmful information, according to the United Kingdoms competition watchdog.　　In a report published on Sept. 18, the Competition and Markets Authority looked into AI foundation models, concluding that while AI can change how people live and work, “these changes may happen quickly and have a significant impact on competition and consumers.”　　The competition regulator cautioned that, in the short term, if competition is weak or developers fail to heed consumer protection law, consumers may be exposed to significant levels of false information or AI-enabled fraud.　　In the long term, theres a chance that a handful of firms could end up gaining or entrenching positions of market power, which could lead them not to offer the best products or services, or charge high prices, it said.　　“It is essential that these outcomes do not arise,” said the CMA, with CEO Sarah Cardell adding:　　“There remains a real risk that the use of AI develops in a way that undermines consumer trust or is dominated by a few players who exert market power that

2023-09-20Industriya

Market Rally Stalls Following Latest SEC Filing Against Binance

Crypto markets started off the week in the green, but bullish momentum plateaued following the latest filing from the Securities and Exchange Commission (SEC) in the agency‘s ongoing legal spat with Binance, the world’s largest crypto exchange.　　A majority of the top 20 digital assets by market capitalization rallied between 1% and 2% in the early hours of Sept. 18. However, this surge vanished following the SEC‘s request for an inspection of Binance US and the agency’s subsequent call for courts to force the exchange to provide relevant documentation.　　Bitcoin fell around 2% from a peak near $27,394 to $26,868, while Ether slipped 1.6% to $1,640.　　Solanas SOL has shown resilience of late, posting an 11% gain over the last seven days.　　Leading tokens by seven-day gains is Toncoin, up 49%, followed by Bitcoin Cash at 19.3%, and Litecoin at 14%.　　DeFi Rallies　　The overall combined DeFi market capitalization gained approximately 7% in the past week, according to CoinGecko.　　DeFi Market Cap　　Half of the top-performing tokens in the sector rose over 10%. Thorchain is up 30.8%, and Aave gained 17.5%, followed by Maker and Chainlink, which rallied 15%.　　Base Leads Layer 2 Throughput　　Coinbases Base network has again become the top Layer 2 network by throughput, which is up

2023-09-20Industriya

Gaano Katagal Maaaring Magpatuloy ang Breakout ng Presyo ng Solana (SOL)?

The Solana (SOL) price bounced last week, validating the $18 area as a long-term horizontal support.　　Bagamat bearish ang mga pagbabasa ng lingguhang timeframe, ang pang-araw-araw na timeframe ay nagpapakita ng ilang bullish sign, na nagpapahiwatig na malamang na magkaroon ng breakout.　　Solana Price Bounces at Range Low　　The weekly time frame technical analysis shows that SOL broke out from a long-term descending resistance line in July, reaching a new yearly high of $32.13 the same month. However, the price has fallen since, validating the $28 area as resistance.　　The decrease culminated with a low of $17.33 in September. The ensuing bounce (green icon) supported the $18 horizontal area.　　SOL/USDT Lingguhang Tsart. Pinagmulan: TradingView　　The weekly RSI is bearish. Traders use the RSI as a momentum gauge to evaluate if a market is in an overbought or oversold condition and make decisions about buying or selling assets. When the RSI reading is above 50, and the trend is upward, it indicates an advantage for bullish traders. Conversely, when the reading is below 50, the situation favors bearish traders.　　The RSI deviated above 50 in July and is currently in the process of validating the line as resistance (red icon).　　If the price increases towards its range high of

2023-09-20Industriya

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