Binance holds the most Bitcoins
Crypto Potato recently reported that more than 8 billion dollars of cryptocurrency have moved out of central currencies following the FTX collapse, data shows Binance holds the most Bitcoins reserves for the first time it is available among the currencies of the world.
while most of the other exchanges' stocks have declined for the first time Binance has overtaken Coin base pro, taking Bitcoin's first-place reserves at the exchange, showing absolute strength in this bloody period.
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Crypto Potato recently reported that more than 8 billion dollars of cryptocurrency have moved out of central currencies following the FTX collapse, data shows Binance holds the most Bitcoins reserves for the first time it is available among the currencies of the world.
while most of the other exchanges' stocks have declined for the first time Binance has overtaken Coin base pro, taking Bitcoin's first-place reserves at the exchange, showing absolute strength in this bloody period.
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Metaverse is one of three candidates contenders for Oxford’s Word of the Year.
Oxford university publications have announced the start of the competition and the final three words of its nominees in 2022.
This year is the first time people have been able to vote on Oxford's word of the year.
Oxford reminded us that the use of the word metaverse has quadrupled compared to October last year.
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Oxford university publications have announced the start of the competition and the final three words of its nominees in 2022.
This year is the first time people have been able to vote on Oxford's word of the year.
Oxford reminded us that the use of the word metaverse has quadrupled compared to October last year.
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Corporate investors are still interested in cryptocurrencies.
The crypto market is going through one of its lowest cycles since the start of the year .some digital currency forecasts predicted a more positive outlook for the crypto market in November, However, events turned everything around negatively.
The U.S. Federal reserve kept rising interest rates, and the FTX fall further plunged the market into turmoil. Following recent events, investors have moved a large portion of their crypto assets out of FTX and other major exchanges. However, new research shows institutional investors have increased the amount of investment in digital currencies in their basket.
This research was done with the participation of more than 130 investors.
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The crypto market is going through one of its lowest cycles since the start of the year .some digital currency forecasts predicted a more positive outlook for the crypto market in November, However, events turned everything around negatively.
The U.S. Federal reserve kept rising interest rates, and the FTX fall further plunged the market into turmoil. Following recent events, investors have moved a large portion of their crypto assets out of FTX and other major exchanges. However, new research shows institutional investors have increased the amount of investment in digital currencies in their basket.
This research was done with the participation of more than 130 investors.
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2023 will be better for Crypto
Zhao CEO of Binance exchange claimed in an interview that the digital currency industry has performed very poorly in the second six months of 2022, but expects better things to happen for the market in 2023 .however he refused to make any specific predictions.
Zhao said: The trick for us is to monitor the industry and then try to support whatever is a growing trend.
The Binance exchange manager also accused FTX of lying and fraudulent Ponzi.
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Zhao CEO of Binance exchange claimed in an interview that the digital currency industry has performed very poorly in the second six months of 2022, but expects better things to happen for the market in 2023 .however he refused to make any specific predictions.
Zhao said: The trick for us is to monitor the industry and then try to support whatever is a growing trend.
The Binance exchange manager also accused FTX of lying and fraudulent Ponzi.
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Buying of Twitter and 200 million new users of Crypto
Cardano creator Charles Hoskinson says tech giant Elon Musk can bring another 200 million new people into the Cryptocurrency market by buying social media giant Twitter. Cardano and three other Ethereum (ETH) rivals are fighting to be the most scalable and efficient protocol, Hoskinson says in a speech on the web summit 2022.
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Cardano creator Charles Hoskinson says tech giant Elon Musk can bring another 200 million new people into the Cryptocurrency market by buying social media giant Twitter. Cardano and three other Ethereum (ETH) rivals are fighting to be the most scalable and efficient protocol, Hoskinson says in a speech on the web summit 2022.
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2$ billion Bitcoin transfer by Binance
The Binance Exchange transferred 127351 Bitcoin (2$ billion ) to confirm its claims about the audit verdict.
Bitcoin's transfer today from Binance to an unknown wallet has led to questions among the digital currency community about the true nature of the transaction.
The Binance manager explained that the transfer is part of the ongoing audit at the Binance Exchange.
it's a part of a proof of savings audit.
The accountant wants us to send ourselves a certain amount of money to show that we control the wallet.
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The Binance Exchange transferred 127351 Bitcoin (2$ billion ) to confirm its claims about the audit verdict.
Bitcoin's transfer today from Binance to an unknown wallet has led to questions among the digital currency community about the true nature of the transaction.
The Binance manager explained that the transfer is part of the ongoing audit at the Binance Exchange.
it's a part of a proof of savings audit.
The accountant wants us to send ourselves a certain amount of money to show that we control the wallet.
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The destruction of the non-decentralized Serum exchange.
The serum non-decentralized currency exchange, which FTX backed, announced on its Twitter page and its official users that following the collapse of the FTX exchange has also been destroyed and disappeared. in its announcement, Serum will direct users to a fork under its leadership. The Serum team also stated that the status of the SRM token is unclear and the developers have proposed to discontinue it.
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The serum non-decentralized currency exchange, which FTX backed, announced on its Twitter page and its official users that following the collapse of the FTX exchange has also been destroyed and disappeared. in its announcement, Serum will direct users to a fork under its leadership. The Serum team also stated that the status of the SRM token is unclear and the developers have proposed to discontinue it.
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Telegram and the launch of decentralized currency exchange and wallet.
Pavel Durov, the founder of Telegram, spoke about the importance of decentralizing digital currencies in a Telegram post today.
Telegram's next step is to build a series of decentralized exchanges for millions of people to secure trade and store digital currencies. This is how we can fix the glitches caused by over-focus that frustrates hundreds of thousands of cryptocurrency users.
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Pavel Durov, the founder of Telegram, spoke about the importance of decentralizing digital currencies in a Telegram post today.
Telegram's next step is to build a series of decentralized exchanges for millions of people to secure trade and store digital currencies. This is how we can fix the glitches caused by over-focus that frustrates hundreds of thousands of cryptocurrency users.
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2021 is the worst year for digital currencies
according to coingecko data, which has been collecting data for lost projects on its platform since 2014, 2021 has been the biggest year for projects deactivated, with more than 3322 projects lost. This is while the number of cryptocurrencies removed tokens were sharply low in the winter of 2022 and only 21 projects have been eliminated this year.
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according to coingecko data, which has been collecting data for lost projects on its platform since 2014, 2021 has been the biggest year for projects deactivated, with more than 3322 projects lost. This is while the number of cryptocurrencies removed tokens were sharply low in the winter of 2022 and only 21 projects have been eliminated this year.
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