🇭🇰 Gate Group in talks with Hong Kong authorities over crypto policy, regulation
Gate Group said it discussed Hong Kong’s recent policy statement on virtual assets in a closed-door meeting with the Financial Services and Treasury Bureau (FSTB),the Securities and Futures Commission (SFC).
The purpose of the meeting was to address industry leaders’ questions and concerns regarding policy and regulation. The watchdogs are also looking to encourage virtual asset exchanges to consider license requirements. Gate Group said that they support the SFC’s recent efforts to regulate virtual asset trading platforms and license virtual asset funds.
Source
Gate Group said it discussed Hong Kong’s recent policy statement on virtual assets in a closed-door meeting with the Financial Services and Treasury Bureau (FSTB),the Securities and Futures Commission (SFC).
The purpose of the meeting was to address industry leaders’ questions and concerns regarding policy and regulation. The watchdogs are also looking to encourage virtual asset exchanges to consider license requirements. Gate Group said that they support the SFC’s recent efforts to regulate virtual asset trading platforms and license virtual asset funds.
Source
Forwarded from GELD VERDIENEN
DRÜCKEN SIE DIE EINGABETASTE, UM NOCH HEUTE ZUGANG ZU ERHALTEN
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💰 Cardano Founder Welcomes As ADA Not Being Listed On Gemini
Gemini is one of the larger exchanges that does not currently support Cardano trading on its platform. The exchange, which now accepts more than 110 currencies, the bulk of which have a smaller market cap than Cardano, has been slow to add ADA. Hoskinson informed that the digital asset was not listed on the Gemini cryptocurrency market. Recalling the difficulty that Gemini ran with its Earn program when Genesis Digital Trading halted withdrawals and was rumored to be on the verge of bankruptcy. In turn, Gemini had to halt its Earn program, and Genesis is said to owe the exchange $900 million in user assets. Hoskinson compares this to FTX, which did not include ADA for trade as well.
Gemini is one of the larger exchanges that does not currently support Cardano trading on its platform. The exchange, which now accepts more than 110 currencies, the bulk of which have a smaller market cap than Cardano, has been slow to add ADA. Hoskinson informed that the digital asset was not listed on the Gemini cryptocurrency market. Recalling the difficulty that Gemini ran with its Earn program when Genesis Digital Trading halted withdrawals and was rumored to be on the verge of bankruptcy. In turn, Gemini had to halt its Earn program, and Genesis is said to owe the exchange $900 million in user assets. Hoskinson compares this to FTX, which did not include ADA for trade as well.
⚡️ Wormhole Attackers Just Moved 2.9M USDC To A New Wallet Address On Ethereum
According to the latest discovery by crypto security site Mistrack, Wormhole attackers have just transferred 2.9 million USDC to a new wallet address on Ethereum. The initial gas fee was from a marked wallet address before. Using the SignatureSet (signature_set) generated in a previous transaction, an attacker can bypass Wormhole’s protection solution (called Wormhole Guardians) for the first time. These Wormhole Guardians observe and validate events and data on connected chains. In other words, Guardians manage transactions between each blockchain. Before transferring tokens to another chain, Guardians check that the tokens are generated correctly.
According to the latest discovery by crypto security site Mistrack, Wormhole attackers have just transferred 2.9 million USDC to a new wallet address on Ethereum. The initial gas fee was from a marked wallet address before. Using the SignatureSet (signature_set) generated in a previous transaction, an attacker can bypass Wormhole’s protection solution (called Wormhole Guardians) for the first time. These Wormhole Guardians observe and validate events and data on connected chains. In other words, Guardians manage transactions between each blockchain. Before transferring tokens to another chain, Guardians check that the tokens are generated correctly.
⚒ Miners sold 3,835 bitcoins on time
Ali Martinez draws attention to the activation of BTC miners last week. They have successfully sold 3,835 bitcoins for about $88.2 million.
The analyst notes: mining pools entered the market on time and sold BTC profitably - even before the cryptocurrency entered a bearish phase.
On February 23, 1.838 million BTC were under the control of wallets affiliated with mining pools, and by the end of last week their reserves had decreased to 1.835 million bitcoins.
Against this background, Martinez records an increase in network activity, which in the long term can be considered as a bullish factor.
Judging by the data of the Glassnode platform, the number of new BTC addresses is growing on the blockchain. This trend indicates the adoption of cryptocurrency by investors. Accordingly, the demand for the asset will increase, which will have a positive impact on its value.
Ali Martinez draws attention to the activation of BTC miners last week. They have successfully sold 3,835 bitcoins for about $88.2 million.
The analyst notes: mining pools entered the market on time and sold BTC profitably - even before the cryptocurrency entered a bearish phase.
On February 23, 1.838 million BTC were under the control of wallets affiliated with mining pools, and by the end of last week their reserves had decreased to 1.835 million bitcoins.
Against this background, Martinez records an increase in network activity, which in the long term can be considered as a bullish factor.
Judging by the data of the Glassnode platform, the number of new BTC addresses is growing on the blockchain. This trend indicates the adoption of cryptocurrency by investors. Accordingly, the demand for the asset will increase, which will have a positive impact on its value.
🆘🆘 The liquidity situation in crypto is worsening after the banking fears this month 📉
#BTC liquidity has dropped to 10 month lows as market makers lose access to USD payment rails.
#BTC liquidity has dropped to 10 month lows as market makers lose access to USD payment rails.
Survey: the Netherlands and Slovenia show the greatest interest in the crypt
The Netherlands topped the ranking of countries with the largest number of residents interested in digital currencies, according to Dua Crypto.
Slovenia takes the second place, and Switzerland has settled on the third.
✅ Russia, Belarus and Moldova, ostensibly demonstrating minimal interest in the crypto world, were at the bottom of the rating.
Researchers call the capital of Slovenia, Ljubljana, the most attractive for blockchain business.
The most popular cryptocurrencies remain Bitcoin and Dogecoin.
And the citizens of Slovenia and Switzerland are actively interested in ether and Cardano.
The Netherlands topped the ranking of countries with the largest number of residents interested in digital currencies, according to Dua Crypto.
Slovenia takes the second place, and Switzerland has settled on the third.
✅ Russia, Belarus and Moldova, ostensibly demonstrating minimal interest in the crypto world, were at the bottom of the rating.
Researchers call the capital of Slovenia, Ljubljana, the most attractive for blockchain business.
The most popular cryptocurrencies remain Bitcoin and Dogecoin.
And the citizens of Slovenia and Switzerland are actively interested in ether and Cardano.
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⚡️The TON Foundation, the organization behind the development and promotion of the Toncoin (TON) cryptocurrency project, has announced the launch of a two-way bridge that allows the seamless transfer of ERC-20 tokens from Ethereum to the TON blockchain💰
📈What is mining, and how do you mine crypto?
You’ve most likely come across different definitions of the word “mining,” so we’re going to explain it in an easy way without going into details.
➡️Who are miners?
Miners are people and companies that run the blockchain’s processes in exchange for crypto as a reward. The more miners there are, the more decentralized and secure the blockchain will be.
Unlike the current version of the internet, blockchain networks have no centralized servers collecting everyone’s data. Miners are independent and agree on the blockchain’s information collectively, instead of being led by a central authority.
➡️How does it happen?
You use a special mining software on your computer. The blockchain sends “tasks” to your computer, which, if completed, earns you rewards.
➡️Can I mine crypto from a regular computer?
It depends on the blockchain. Mining Bitcoin on a regular computer won’t work because the tasks given by the network would be too complex. Bitcoin tasks require industrial-scale hardware.
💭However, newer blockchains can be easier to mine with regular PCs as the tasks there are simpler.
You’ve most likely come across different definitions of the word “mining,” so we’re going to explain it in an easy way without going into details.
➡️Who are miners?
Miners are people and companies that run the blockchain’s processes in exchange for crypto as a reward. The more miners there are, the more decentralized and secure the blockchain will be.
Unlike the current version of the internet, blockchain networks have no centralized servers collecting everyone’s data. Miners are independent and agree on the blockchain’s information collectively, instead of being led by a central authority.
➡️How does it happen?
You use a special mining software on your computer. The blockchain sends “tasks” to your computer, which, if completed, earns you rewards.
➡️Can I mine crypto from a regular computer?
It depends on the blockchain. Mining Bitcoin on a regular computer won’t work because the tasks given by the network would be too complex. Bitcoin tasks require industrial-scale hardware.
💭However, newer blockchains can be easier to mine with regular PCs as the tasks there are simpler.
🪙 Justin Sun and CZ did not share Sui 🏦
The cunning Justin Sun transferred 115 million TUSD to Binance, stating that this step was made only to ensure liquidity.
CZ saw the transaction and wrote that if San uses USB for Sai LaunchPool, then measures will be taken against him, arguing that LaunchPool is intended for beggars, not for whales 😁
Meanwhile, TUSD in a pair to USDT on Binance rose to $1.2.
The cunning Justin Sun transferred 115 million TUSD to Binance, stating that this step was made only to ensure liquidity.
CZ saw the transaction and wrote that if San uses USB for Sai LaunchPool, then measures will be taken against him, arguing that LaunchPool is intended for beggars, not for whales 😁
Meanwhile, TUSD in a pair to USDT on Binance rose to $1.2.
Binance Will Move AMB, ARK, BTS, DREP, FTT, GFT, JASMY, LOOM, MLN, OAX, OMG, PERL, PNT, SNM, SRM, VGX, WRX, and YFII into the Innovation Zone on 2023-05-10
https://www.binance.com/en/support/announcement/2f420fa36bcd4fe89dc6855b857b7ea9
These coins can be delisted from Binance in future. So trade carefully #NFA
~ sipa
https://www.binance.com/en/support/announcement/2f420fa36bcd4fe89dc6855b857b7ea9
These coins can be delisted from Binance in future. So trade carefully #NFA
~ sipa
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The number of individual wallets holding at least one Bitcoin surpassed one million this week, a 20% increase from the previous year. 🚀🔥
This resilience indicates a profound belief in the long-term potential of Bitcoin, regardless of short-term market uncertainties. ✅💯
This resilience indicates a profound belief in the long-term potential of Bitcoin, regardless of short-term market uncertainties. ✅💯
Single Whale Moves 20 Trillion Shiba Inu (SHIB) and 3.4 Billion Dogecoin (DOGE) | Coingape
CoinGape (RSS)
Whale transactions moving millions of Shiba Inu (SHIB) and Dogecoin (DOGE) meme coins were noticed today, May 17. Whale Alert reported four transactions moving 5 trillion SHIB worth $43,615,00 each. All four transactions came from a single address, thus the whale moved 20 trillion SHIB tokens worth $175 million. The whale has now become the
The post Single Whale Moves 20 Trillion Shiba Inu (SHIB) and 3.4 Billion Dogecoin (DOGE) appeared first on CoinGape.
CoinGape (RSS)
Whale transactions moving millions of Shiba Inu (SHIB) and Dogecoin (DOGE) meme coins were noticed today, May 17. Whale Alert reported four transactions moving 5 trillion SHIB worth $43,615,00 each. All four transactions came from a single address, thus the whale moved 20 trillion SHIB tokens worth $175 million. The whale has now become the
The post Single Whale Moves 20 Trillion Shiba Inu (SHIB) and 3.4 Billion Dogecoin (DOGE) appeared first on CoinGape.
Tesla updates AI-trained robot army, takes new bots for a walk
Cointelegraph.com News (RSS)
A Tesla Bot demonstrated the ability to transfer objects from one container to another, showcasing its potential for performing human-like tasks.
Cointelegraph.com News (RSS)
A Tesla Bot demonstrated the ability to transfer objects from one container to another, showcasing its potential for performing human-like tasks.
Watch these BTC price levels as Bitcoin threatens to lose $27K support
Cointelegraph.com News (RSS)
Bitcoin remains in a tight range with low liquidity, but expectations for new local lows are increasing.
Cointelegraph.com News (RSS)
Bitcoin remains in a tight range with low liquidity, but expectations for new local lows are increasing.