vinwalker◱ ◱ (@vinwalker) • Hey
NFT Collector , Researcher on web3 and Artificial intelligence tokens {AI}
Publications
- I just burnt 🔥🔥🔥🔥🔥🥵🥵🥵🔥🔥🔥 all my @lens/monniverseofficial old NFT @lens/daddybear
- AI safety researchers leave OpenAI over prioritization concerns.
Following the recent resignations, OpenAI has opted to dissolve the ‘Superalignment’ team and integrate its functions into other research projects within the organization.
https://cointelegraph.com/news/openai-ai-safety-team-disbanded-amid-priority-disagreements
- Interpol Nigeria boosts cybersecurity with virtual asset training
The training will enable officers to effectively address cybercrimes involving virtual assets, particularly stablecoins.
https://cointelegraph.com/news/nigeria-interpol-trains-on-virtual-asset-forensics-to-combat-cybercrime
- Is Bitcoin price going to crash again?
Strong technical resistance levels and a high number of profitable traders pose the risk of modest pullbacks in the Bitcoin market.
https://cointelegraph.com/news/is-bitcoin-price-going-to-crash-again
- Nvidia shares up 15% in 5 days — Will AI crypto tokens follow?
Nvidia's share price saw a 15% increase after a brief slump during the previous trading week, prompting analysts to speculate about the price movements of AI crypto tokens.
https://cointelegraph.com/news/nvidia-nvda-share-price-artificial-intelligence-ai-crypto-tokens
- Ingredients
6 tablespoons olive oil
1 tablespoon fresh lemon juice
1 tablespoon chopped fresh parsley
1 clove garlic, minced
1 teaspoon dried basil
1 teaspoon salt
1 teaspoon ground black pepper
2 (6 ounce) fillets halibut
Directions
1 Combine olive oil, lemon juice, parsley, garlic, basil, salt, and pepper together in a stainless steel or glass bowl.
Place the halibut fillets in a shallow glass dish or a resealable plastic bag; pour the marinade over the fish. Cover or seal and place in the refrigerator for 1 hour, turning occasionally.
- Coinbase requests interlocutory appeal over SEC's 'controlling question'
Crypto exchange Coinbase argued that a question of law is controlling if its resolution could “significantly affect the conduct of the action.”
https://cointelegraph.com/news/crypto-exchange-coinbase-sec-lawsuit-interlocutory-appeal-filing
- Is gonna be hot... I hope to be among
- With the pressure,persistence, high mood and speed 🚄🚄 of phaver UP I bid 1000.
- U.S. CFPB flags risks in virtual worlds’ crypto economy.
The agency noted that crypto assets in virtual environments like Decentraland and The Sandbox can be exchanged for fiat currency on other cryptocurrency platforms.
https://cointelegraph.com/news/us-cfpb-flags-risks-in-virtual-worlds-crypto-economy
- Am back my lovely 🌹🌹🌹🌹 ORB
- Greetings everyone please kindly drop 💧💧💧💧💧💧💧💧💧💧💧💧💧💧💧 the names of those trees 🎄 u are saying according to your language and country.
- Bitcoin ETFs are sucking up 10X more BTC than miners can produce
Spot Bitcoin ETF inflows have outpaced the amount of production from miners by over 10 times in the past two trading days
https://cointelegraph.com/news/bitcoin-etfs-scoop-10-x-more-btc-than-mined
- FTX, Alameda wallets move $ 38M to exchanges in 37 days
Wallet addresses linked to the collapsed FTX exchange and Alameda Research moved at least $ 38.8 million in digital assets to exchanges in 2024.
https://cointelegraph.com/news/ftx-alameda-38-m-crypto-exchange-restructuring-2024
- Bitcoin ETFs post $ 76M in net outflows on ‘bad’ 7th day of trading
Despite “unceasing” outflows from Grayscale, the outlook for spot Bitcoin ETFs remains positive, with more than $ 1.1 billion in total inflows across the board, says Bloomberg ETF analyst James Seyffart.
https://cointelegraph.com/news/bitcoin-spot-etfs-76-million-outflows-day-seven-trading
- Binance Thailand’s public launch to compete with incumbent Bitkub
Binance is finally opening its Thailand exchange to the general public eight months after it announced an expansion into the country.
Global cryptocurrency exchange Binance has opened to the general public in Thailand, potentially shaking up a local crypto exchange market dominated by Bangkok-based incumbent Bitkub.
In a Jan. 16 statement, Binance TH said the exchange will now be open to “all eligible users” and has implemented a dedicated order book designed for Thai baht trading pairs. Users can also deposit and withdraw local currency “through intuitive integration with domestic banking systems,” it said.
Speaking to Cointelegraph, a Binance spokesperson noted there would be no additional services beyond spot trading at the moment, but it has “ambitious long-term plans for Binance TH and we are working closely with the regulators to obtain approvals for other services.”
https://cointelegraph.com/news/binance-thailand-general-public-launch-compete-incumbent
- What is Moringa?
One of the most popular and beneficial green superfoods is the moringa oleifera, known in popular parlance as “drumstick”, “miracle” or “horseradish” tree. The tree is native to the Himalayan foothills of India but is now commonly cultivated in the semiarid, tropical, and subtropical zones of the world.
The moringa tree has a high nutritive value and each part of it is viable for commercial or nutritional purposes. While the benefits of this tree have become known to the West only in the recent past, moringa has been utilized in and around the Indian subcontinent for centuries. Its prolific nutrient composition made it one of the profound medicinal herbs to be used in traditional Ayurvedic medicine.
With that being said, the tea that is made from ground and dehydrated moringa leaves is undoubtedly one of the most nutritious teas that can be consumed.
Moringa tea is credited with the presence of numerous essential vitamins and minerals. The tree itself, specifically the leaves, pods, and seeds, contain a variety of essential phytochemicals such as tannins and flavonoids, which make their way into the moringa tea once the leaves are ground.
FIVE BENEFITS OF MORINGA
1. Packed With Antioxidants
Moringa tea is full of antioxidants, vitamin C, and beta-carotene. Dr. Amy Shah, double board-certified MD says, “Antioxidants offer a range of health benefits and help in combating and eliminating free radicals in the body, preventing the onset of oxidative stress that can potentially be harmful”.
The leaves of this tree are also rich in quercetin. “Quercetin is an antioxidant that may help to stabilize blood sugar, disarm disease-causing free radicals and help prevent heart disease”, she adds. The leaves also contain chlorogenic acid, which according to research, may help regulate and control blood sugar levels.
2. Contains Anti-inflammatory Compounds
Moringa tea is anti-inflammatory in nature due to the presence of inflammation-fighting agents known as isothiocyanates, which alleviate low-grade inflammation. “Inflammation is a normal response to stimuli in the body, however, chronic inflammation has been shown to lead to a range of health concerns including high blood pressure”, says Dr. Shah. Studies suggest that phenolic glycosides and other compounds in moringa demonstrated immunosuppressive and anti-inflammatory activities.
3. Aids in Digestion
The anti-inflammatory compounds in moringa tea help improve digestion, calming the stomach, and generally improving overall gastrointestinal health. The antibacterial properties of this tea also help your gut function at its optimum state. “Many superfoods, like moringa extract, may help to keep the gut healthy and functioning properly. The high antibiotic and antibacterial properties of moringa may help stop the growth of pathogens in the gut. Additionally, moringa is high in vitamin B, which helps with overall digestion, reducing bloating, constipation and other digestive issues”.
4. Boosts Immune System and Energy
Potent levels of ascorbic acid and other antioxidants make this tea ideal for protecting against symptoms of cold and flu. “These antioxidants stimulate the production of white blood cells that help fight against oxidative stress, thereby helping to strengthen the immune system.”
Moringa tea is also a non-caffeinated energy booster. “Avoiding caffeine and choosing natural energy boosters is ideal at promoting a healthy sleep/wake cycle and keeping circadian rhythms in line”, adds Dr. Shah.
5. Improves Skin and Hair Health
The potent antioxidant properties of moringa boast a high concentration of a chemical termed ‘cytokinins’. This not only helps repair damaged cells but also boosts cell growth and stabilizes collagen. Moringa tea is loaded with proteins as well as all nine essential amino acids and has sufficient quantities of vitamin C and B-complex. “Amino acids are the building blocks of protein, which help to promote hair growth and retain moisture in the skin. Because of this, regular intake of moringa is a great way to improve skin and hair health”, explains Dr. Shah.
- Some Arsenal supporters turn on Mikel Arteta after Fulham loss
https://www.justarsenal.com/some-arsenal-supporters-turn-on-mikel-arteta-after-fulham-loss/356839
- Happy new year and more blessings continue in our Life.
- Joyfully and victoriously we are walking into 2024 stronger, richer, healthier, full of Godliness and spirit of wisdom, knowledge and greater understanding. 2024 shall be a profitably busy year, a year that we shall make greater impact to the Glory of God . A happy prosperous New year in advance 🙏
- It's interesting to me to let everybody know that Bull season has landed
- A Smurf has found a starving and freezing snail in the forest and brings it to the village. Papa suggests that the Smurfs go looking for the other poor snails 🐌 Soon, Greedy returns, telling Papa that he needs a lot of food for his 🐌, which is actually a turkey.
- Your fans I am an ancient smurf which is here to make things easier for the new Smurfs as well and giving to kudos to phaver in all they have been trying to do and as well doing for now.
So I would like to use this time to give kudos to all the phaver communities and its family.
As you can see it looks ancient,strong, firm and ready to light out let's keep phavering
shukran
- Today I am preparing food for all my follow phaver friend's and communities.
Let keep phavering comrade's
- It's Monday my resting Day... Anyways I wish to disclose the African movie 🎥🎥🎥 which am watching.
Drop the Name of the movie 🎥
- What do you see
- Today is a good day to watch football... Who will join me...
- Keep your house 🏠 clean it will make ur health insurance higher than u Eva thought 💭.
- Is The Most-Anticipated Altseason About To Ignite? What Can We Expect From The Market?
The cryptocurrency has been experiencing massive fluctuations in its charts as the market is currently displaying significant price volatility. Bitcoin, the industry leader, continues to rule the market as the star crypto holds a dominance of over 50% at the time of publishing.
On the other hand, Altcoins have started gaining momentum as the top crypto analysts have now started discussing the Altcoin season, also known as the Altseason and its possibility of a comeback in the coming time.
The crypto space leader, Bitcoin, plays an important role as the BTC price influences many major cryptocurrencies. But, the Ethereum price plays an equally important role as many tokens also depend on it.
Top Altcoins, such as Ethereum (ETH), Binance Coin (BNB), XRP (XRP), Dogecoin (DOGE), Cardano (ADA), Polygon (MATIC), Litecoin (LTC), Chainlink (LINK), and many other tokens are presently facing many challenges as the market displays a bearish influence around the crypto-verse.
https://coinpedia.org/price-analysis/is-the-most-anticipated-altseason-about-to-ignite-what-can-we-expect-from-the-market/
- Binance, OKX to comply with new financial promotions rules in UK
Crypto firms such as Binance, OKX and MoonPay have announced they've been working to comply with the United Kingdom’s new financial promotion rules.
Major global cryptocurrency exchanges like Binance and OKX have announced that they're working to comply with new financial promotion regulations in the United Kingdom.
The Financial Conduct Authority (FCA) of the U.K. enacted the country’s new Financial Promotions (FinProm) Regime on Oct. 8 for cryptocurrency firms, aiming to ensure fair, clean and transparent crypto promotions.
https://cointelegraph.com/news/binance-okx-comply-crypto-finprom-rules-in-uk
- SNS1 is a token that I believe everyone who wants to have huge breakthrough should invest in. But note, DYOR.
Some months ago, I told some close friends to buy SNS1, then the price was 111ICP. I didn't have liquidity then. But when I got liquidity, it had gotten to over 200ICP
Unfortunately, I decided to trade and buy the bottom again but my ICP got lost in fallback in my wallet.
Today SNS1 had gotten to 529ICP and currently trading at 470ICP. Imagine the numbers it will do in the bull market if it is doing this now.
What if ICP gets to 100$ and SNS1 gets to 1500ICP in the bull market, pls do your maths. And go and start stocking up on ICP and SNS1 particularly.
Here is the link to trade it👇
https://avjzx-pyaaa-aaaaj-aadmq-cai.raw.ic0.app/ICDex/SNS1/ICP?accountId=86cb74dae1a124b0625c3afbc559ca2ffb7e8a3fdd740ce0433e6a98783196cc&entity=
https://avjzx-pyaaa-aaaaj-aadmq-cai.raw.ic0.app/ICDex/SNS1/ICP?accountId=86cb74dae1a124b0625c3afbc559ca2ffb7e8a3fdd740ce0433e6a98783196cc&entity=
- Guys what do u think 🤔 about Len's Network and what they are planning for their community.
@swissborg.lens
@etherscore.lens
@lensprotocol
@phaver.lens
- Educational value about Len's protocol on crypto related. 🤝🤝🤝🤝
Motivation
With handles now detached from profiles in Lens v2, the confusion of the difference between a profile and a handle will continue and we need to make it easier for users to understand the difference.
The main confusion is that users need to be more used to profiles and handles not being directly linked. It's a new term to wrap your head around, and with it being so ingrained in us that my handle is my profile, this link together is hard to knock out of people using the same terms to explain it.
It is essential that it's easy to understand the difference between profiles and handles; the only way to do this is by renaming the narrative around it. Note that the profile(s) rename to network(s) does not change functionality; it's purely a visual change.
Specification
In lens v2, the handle is tokenised and detached from the profile this means someone could own many handles and decide which identity the profile has daily. Also allows apps to have a different identity while using it on another app. This powers innovation. The handle is associated with identity, and the profile consists of the social graph itself, including follows and content.
With this in mind, we propose renaming profile(s) > network(s).
If we think of how the web works today, you deploy your code on a box somewhere that a cloud server hosts and that identity is purely an IP address that nobody ever sees; now, you can add your DNS on top of it to make it easy to identify and resolve. You can change your DNS from hello.com to hello2.com, and the published website will stay the same.
Let's look at point 2. As people, we are all identified in the world as numbers, serial numbers; our passport is a number, and our government ID is a number; in theory, that's how we are identified worldwide on computers. We add properties to give us an identity like name, gender, etc.; we can change those properties at any given time, but we still have the same government ID and network under the hood; we are still us.
Profiles are the same here; their names should be as close to the descriptive meaning as possible. Your profile is purely a tokenised NFT, which is resolvable by the tokenId of 1,2,3... with that, you can create content within your deployed profile. Profiles are not your public-facing identity; it's just where your follow graph, content and everything around your profile is stored. Your identity is curated and changed by yourself whenever you want.
Renaming profiles to networks widely supports the ethos of users owning their network “own your network”.
- *THIS IS PART OF THE REASON I DO WHAT I DO TO SEE IF WE CAN ONBOARD THOUSANDS OF OUR PEOPLE TO THE WORLD OF CRYPTO AND TO TAKE ADVANTAGE OF THE COMING BULL RUN BUY BUYING POTENTIAL CRYPTO ASSETS AND HOLD FOR LONG ( HODL).*
*THOSE WHO DON'T HAVE MONEY TO BUY AND ARE NOT ABLE TO RAISE MONEY, SHOULD TAKE ADVANTAGE OF THE FREE MINNING OF CRYPTO TOKENS ESPECIALLY THE WEB3 PROJECTS AND WAIT PATIENTLY AS *SOME* *OF THOSE FREE MINNING PROJECTS MAY TURN PEOPLE TO MILLIONAIRES DURING BULLRUN. *CORE* *TOKEN IS AN EXAMPLE. IT DIDN'T EVEN WAIT FOR BULL RUN TO MAKE THOSE YOUNG GUYS WHO MINNED IT FOR 2 YEARS MILLIONAIRES (ESPECIALLY THOSE OF THEM THAT PROMOTED IT).*
*IF YOU HAVE NEVER BEEN SERIOUS IN THIS CRYPTO SPACE, PLEASE BE SERIOUS NOW. THE NEXT 6 MONTHS FROM TODAY SHOULD BE YOUR CRYPTO SERIOUS SEASON AND YOU MUST FOCUS ON BUYING ASSETS TO HOLD FOR LONG.*
*THE MARKET IS RED THIS SEASON, INDICATIVE OF A BEAR MARKET THAT WILL LIKELY USHER IN THE BULL RUN AFTER SUCCESSIVE DIPS.*
- Health education
Diagnosis
To diagnose malaria, your doctor will likely review your medical history and recent travel, conduct a physical exam, and order blood tests. Blood tests can indicate:
The presence of the parasite in the blood, to confirm that you have malaria
Which type of malaria parasite is causing your symptoms
If your infection is caused by a parasite resistant to certain drugs
Whether the disease is causing any serious complications
Some blood tests can take several days to complete, while others can produce results in less than 15 minutes. Depending on your symptoms, your doctor may order additional diagnostic tests to assess possible complications.
- LATEST NEWS ON PHAVER.
SALES IS ABOUT TO TAKE PLACE SOON.
Congratulations 🎉🎉🎉🎉 to those who made it to swissborg presales.
Let keep phavering
- EXCLUSIVE News 🗞️🗞️🗞️🗞️🗞️📰📰📰🗞️🗞️
```Lens Protocol``` rolls out own ```blockchain``` _scaling solution_ for social media
Lens released a beta version of its blockchain scaling solution, called Momoka.
Scalability is a significant issue for decentralized social media like Lens, which Momoka aims to address.
Lens' new blockchain scaling solution relies on data availability
Lens Protocol aims to achieve censorship resistance for social media apps and help them unlock new forms of content monetization with NFTs, as well as other crypto assets. These include apps such as Lenster, Lens Booster, Phaver, Lenstube, LensPort, Memester and others.
To help such apps scale to a large number of users, Momoka will optimize cost and scalability by storing transactions off-chain data availability layer in such a way as they remain accessible and verifiable. This way it can potentially avoid the limitations of block space on Ethereum and other blockchains, Aave Companies explained.
@momoka.lens
@oogle04.lens
Momoka will process most transactions off-chain, relying on its data-availability layer. Additionally, it will have a verifier component to help validate user transactions on-chain. Data availability is essential for scaling solutions like Momoka because it ensures that off-chain data remains accessible and verifiable when needed for on-chain settlement, dispute resolution or audits.
- This player was busy asking fan's to calm down yet More Goals 🥅🥅🥅 keep on coming which leads to Arsenal 3 / Manchester united 1
- Let keep phavering everyday
@swissborg.lens
@holdbtc.lens
@nader.lens
@bywassiesnft.lens
- XRP Price Prediction as $600 Million Trading Volume Keeps XRP Above $0.47 – Are Whales Accumulating?
The XRP price has remained flat in the past 24 hours, with its current level of $0.47323 representing a small 1% dip in the last seven days.
This slight fall comes after a final ruling in LBRY's case with the SEC, with the presiding judge not issuing a ruling on whether secondary sales of LBC tokens amount to the offering of securities.
While it's not an especially positive result for LBRY, this ruling doesn't necessarily have much bearing on Ripple's own case with the SEC, which is being based around different arguments and defenses.
And with observers suspecting that Ripple still has a good chance of securing a favorable outcome, XRP's current price may offer a significant discount on its future level.
XRP Price Prediction as $600 Million Trading Volume Keeps XRP Above $0.47 – Are Whales Accumulating?
XRP's chart suggests that it could be about to rally again, with its indicators all beginning to point upwards.
Added to this is XRP's 30-day moving average (yellow), which after a week of declines is now sloping upwards and looks on course to overtake its 200-day average (blue) in the next one or two weeks.
Supporting this positive view is the altcoin's support level (green), which has seen a series of increases in the past week or so, suggesting that XRP may have fallen as far as it can for now.
Also keeping XRP afloat is its trading volume, which has risen above $600 million again,
after spending much of the weekend below
@ $400 million
Again, this signals some gradually recovering momentum, with XRP likely to be boosted in the medium-term by positive news regarding
the Ripple-SEC case.
Regarding this case, it's interesting to note that XRP's price hasn't really been affected by the aforementioned ruling in LBRY's battle with the SEC, a ruling which arrived on Tuesday.
@xrphodlers.lens @lufoart.lens @debridge.lens
[XRP Price Prediction as $600 Million Trading Volume Keeps XRP Above $0.47 – Are Whales Accumulating?](https://cryptonews.com/news/xrp-price-prediction-as-600-million-trading-volume-keeps-xrp-above-047-are-whales-accumulating.htm)
The XRP price has remained flat in the past 24 hours, with its current level of $0.47323 representing a small 1% dip in the last seven days.
- It was amazing visiting Capital of Ethiopia
Addis Ababa...
A lot of good people were seen over there...
@gitcoin.lens
@phaver.lens
- UAE is betting big on block reward mining: report
CG
Map of Asia with red pin on Dubai
Home » Tech » UAE is betting big on block reward mining: report
UAE is betting big on block reward mining: report
TECH
5 HOURS AGO
Steve Kaaru
The United Arab Emirates (UAE) is betting on block reward mining and is now the biggest BTC mining hub in the Middle East, a new report says.
UAE has emerged as a major Web3, blockchain, and digital asset hub in recent years, with its friendly regulations attracting major players, including OKX, BitOasis, and SmartLedger. The country is also investing billion into blockchain adoption, with BSV blockchain among the leading networks with public and private enterprises.
As block reward mining firm Luxor Technologies reveals, the UAE is now one of the fastest-growing BTC mining destinations. In a recent report, Luxor revealed that at 4% of the global BTC hash rate, the country is the largest mining hub in the Middle East.
UAE’s foray into mining started in 2021 when the country’s sovereign wealth fund Zero Two (then known as FS Innovation) partnered with local miner Phoenix Technologies on a 200 MW hydro-cooled facility.
Earlier this year, U.S. miner Marathon Digital (NASDAQ: MARA) announced a partnership with Zero Two to establish a $400 million facility. The two are building two sites with a combined 250 MW capacity in Abu Dhabi, the largest emirate in the UAE.
Luxor reveals that while the state is leading large-scale mining, there are hundreds of smaller miners across the seven emirates. The UAE is currently estimated to have a mining capacity of 400 MW, which will shoot to 600 MW by the end of the year. This makes it the leader in the Middle East, ahead of Saudi Arabia, Qatar, and Kuwait.
Despite the growth, mining in the UAE is more expensive and complex than in most other countries. With most of it being a desert, the country records high temperatures for most of the year—annually averages 28 degrees Celsius (82 degrees Fahrenheit). This makes it critical for miners to invest significantly more in cooling their mining rigs.
When Marathon announced its project, it claimed to have deployed “a custom-built immersion solution to cool the ASIC miners,” coupled with proprietary software.
In addition, power costs in the UAE are higher than in other mining hubs. In peak seasons, industrial consumers pay up to $0.099 per kWh. In comparison, residential consumers pay $0.02, with agricultural power being the most subsidized at $0.012.
@marenaltman.lens
Even with the challenges, the UAE is likely to catch up with more prominent players like Kazakhstan and Russia as the government is investing billions to spur the growth of the blockchain industry.
Watch BSV Stories – Episode 4: The Middle East’s Blockchain Race
[UAE is betting big on block reward mining: report](https://coingeek.com/uae-is-betting-big-on-block-reward-mining-report/)
The United Arab Emirates reportedly accounts for 4% of the global BTC hash rate, with Abu Dhabi leading the emirates as government investment and power availability play a significant role.
- happy birthday to you my sweet hearth
- Thank you for the warm welcome! Here’s a special gift for you:
**We’ve partnered with @lensprotocol for an exclusive ICE Poker skin airdrop!** You can wear this skin around Decentraland and equip it to play ICE Poker.
Each skin will also come with **3 free poker tournament entries** so you can play to win prizes like MacBooks, iPhones, Decentraland LAND, high-value NFT collections, and more.
To get your free skin, simply collect this post by Wednesday 7/5 and we’ll airdrop your Lens skin on Friday 7/7.
(Must follow to collect)
- Wall Street giants back EDX Markets, a new cryptocurrency exchange
EDX Markets is backed by large financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab.
EDX Markets, a newcomer to the cryptocurrency exchange landscape, has made a notable entry with backing from prominent financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab. The company recently unveiled the launch of its digital asset market on June 20, marking its official entry into the industry.
According to the announcement, the exchange hopes to attract "industry leaders" by incorporating best practices from traditional finance and offering unique advantages, including liquidity, competitive quotes, and a non-custodial model designed to minimize conflicts of interest. Currently, EDX supports the trading of only four cryptocurrencies, namely: Bitcoin
BTC
tickers down
$27,463
, Ether
ETH
tickers down
null,751
, Litecoin
LTC
tickers down
$77.50
, and Bitcoin Cash
BCH
tickers down
$108
.
In the coming months, EDX plans to introduce EDX Clearing, a clearinghouse aimed at settling trades executed on the EDX Markets platform. This system will enable trades to be conducted with a central counterparty, offering participants notable advantages such as improved price competition, minimized settlement risks, and improved operational efficiencies.
As part of its growth strategy, EDX recently concluded a funding round attracting strategic investors such as Miami International Holdings, DV Crypto, GTS, GSR Markets LTD, and HRT Technology. These investors join the existing coalition of founding investors, including Charles Schwab, Citadel Securities, Fidelity Digital AssetsSM, Paradigm, Sequoia Capital, and Virtu Financial. According to the company, the additional funding will be utilized to further develop EDX's trading platform and solidify its position in the market.
investors join the existing coalition of founding investors, including Charles Schwab, Citadel Securities, Fidelity Digital AssetsSM, Paradigm, Sequoia Capital, and Virtu Financial. According to the company, the additional funding will be utilized to further develop EDX's trading platform and solidify its position in the market.
Related: Deutsche Bank reportedly applies for digital asset custody license from BaFin
The launch of the EDX Markets, which comes amid a regulatory crackdown by the Securities and Exchange Commission (SEC), suggests investors remain resolute in their interest in cryptocurrencies.
In a similar vein, investment management firm BlackRock has taken a significant step towards embracing the world of cryptocurrencies. On June 15, the company submitted an application for the very first Bitcoin spot exchange-traded fund (ETF) in the United States. If granted regulatory approval, this ETF would provide investors with a regulated and convenient avenue to gain exposure to Bitcoin.
[Wall Street giants back EDX Markets, a new cryptocurrency exchange](https://cointelegraph.com/news/wall-street-giants-back-edx-markets-cryptocurrency-exchange)
EDX Markets, a new cryptocurrency exchange, aspires to integrate best practices from traditional finance while presenting exclusive advantages.
- Deutsche Bank crypto plans aid Bitcoin price trip to $27.5K June highs
Bitcoin price performance nails its highest levels this month, but analysts are waiting for the weekly candle close.
Bitcoin
BTC
tickers down
$27,387
achieved new highs for the month after the June 20 Wall Street open as observers stayed cautious on market strength.
No meaningful trend shift" for Bitcoin yet
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $27,499 on Bitstamp.
The pair saw its highest levels since May 31 as the return of United States market trading boosted its performance. Versus the prior day’s lows, gains totaled around 4.2%.
Despite this, wary market participants stopped short of calling even low-timeframe trend shift.
“It's difficult to look for Daily breakout confirmation for BTC in the context of this blue Lower High diagonal resistance,” trader and analyst Rekt Capital commented alongside an explanatory chart.
“Because $BTC has failed so many post-breakout retests on the Daily timeframe here. Better to watch out for Weekly timeframe confirmation.”
In further Twitter coverage, Rekt Capital added that Bitcoin would have a “good chance” of exiting its current downtrend should strength hold out into the weekly close.
“But no meaningful trend-shift has occurred just yet, despite all the excitement,” he reiterated.
Fellow trader Crypto Tony was slightly more optimistic, forecasting a return to $27,500.
“Trend line being broken out as we speak, so let's see if the bulls have what it takes to turn this into something special,” he commented alongside a chart.
“Remember that $27,100 is a key level for the bulls to flip into support tonight.”
BTC/USD annotated chart. Source: Crypto Tony/Twitter
New institutional crypto moves spark distrust
The uptick accompanied news that Germany’s largest bank, the null.4 trillion lender Deutsche Bank, had applied for a license to custody crypto assets. This was the third similar announcement of the past week, following exchange-traded fund (ETF) applications from BlackRock and Fidelity Investments.
[Deutsche Bank crypto plans aid Bitcoin price trip to $27.5K June highs](https://cointelegraph.com/news/deutsche-bank-crypto-bitcoin-price-june-27)
Bitcoin beats June highs with BTC price action back challenging its downtrend.
- Proof of Reserves (PoR)
Proof of Reserves (PoR) is a cryptographic protocol that allows entities, such as banks or financial institutions, to demonstrate the existence and authenticity of their reserves without revealing specific customer information. It provides a way to verify that an entity holds the funds it claims to have, ensuring transparency and accountability.
The importance of Proof of Reserves lies in its ability to address the issue of trust and solvency in the financial industry. Here are a few reasons why it is significant:
- Trust and Confidence: Proof of Reserves helps build trust and confidence among customers and investors by providing verifiable evidence that an entity possesses the reserves it claims. It offers transparency and allows stakeholders to independently verify the financial health of an institution.
- Solvency Verification: PoR enables the verification of an entity's solvency. By demonstrating the existence of reserves, it ensures that the institution has sufficient funds to cover its liabilities, such as customer deposits or outstanding debts. This verification helps prevent scenarios where entities engage in fractional reserve banking or operate with insufficient reserves.
- Fraud Prevention: PoR acts as a deterrent against fraudulent practices. It provides a mechanism to detect instances where entities create fictitious accounts or inflate their reserve balances. By enabling independent audits and verifications, it reduces the likelihood of fraud and mismanagement.
- Enhanced Financial Stability: The implementation of Proof of Reserves can contribute to overall financial stability. It minimizes the risk of systemic failures by ensuring that institutions maintain appropriate reserve levels, thereby reducing the likelihood of insolvency events that can have broader economic impacts.
- Regulatory Compliance: Proof of Reserves can help institutions comply with regulatory requirements. It provides a way to demonstrate compliance with reserve mandates imposed by regulatory bodies, promoting accountability and adherence to industry standards.
- Industry Innovation: PoR encourages innovation within the financial sector. By leveraging cryptographic techniques and technologies, it enables the development of novel approaches to secure and transparent reserve management. This can foster the evolution of new financial products and services that prioritize accountability and trust.
Overall, Proof of Reserves is a mechanism that enhances trust, verifies solvency, prevents fraud, promotes stability, ensures compliance, and fosters innovation in the financial industry. By enabling independent verification of reserve holdings, it contributes to a more transparent and reliable financial ecosystem.
written
by vinwalker
- Today marks our 1 Year Anniversary of making friends onchain 🎂!
Thank you to everyone who has made the first year of Lens Protocol so special and groundbreaking. Lens has brought together builders, creators, communities, and friends, all while in beta.
There's so much planned for the second year ahead, and we can't wait to continue to grow with all of you.
Who did you become frens with on Lens?
🎨 by @nftsushi.lens and all collect proceeds go directly to the artist.
- Free collects, now with limits.
Set limits on the quantity and/or limit the time window to 24 hours.
Check out how some creators are already using limited free collects:
@jessyjeanne.lens: https://lenster.xyz/posts/0x73b1-0x2259
@grams.lens: https://lenster.xyz/posts/0x326c-0x09d0
@arterlioz.lens: https://lenster.xyz/posts/0xaeea-0x046d
@lufoart.lens: https://lenster.xyz/posts/0xd3a4-0x0601
@elliepritts.lens: https://lenster.xyz/posts/0x019a20-0xaa
@evanmann.lens: https://lenster.xyz/posts/0x01a5b6-0x9f
- TOKEN OR NFT
which othe above do you trade more often