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Decentralized Exchange dYdX Launches Public Testnet on Cosmos

The DEX said users can now trade bitcoin and ethereum on the public testnet.

Decentralized exchange (DEX), dYdX, has launched its public test network on Cosmos, drawing closer to its transition away from the current version built on Ethereum, according to a press release.

Users will now be able to place market orders on the dYdX testnet, generate private keys and place limit orders with advanced options. The public testnet has launched with bitcoin and ethereum markets, but the company said it anticipates it will eventually include around more than 30 markets as the network upgrades.

The existing platform on Ethereum, which is known for its perpetual contracts, has seen over $728 million in trading volume over the past 24 hours, according to the company’s website. The governance token of the platform, DYDX, has witnessed a steady uptick over the past two weeks, gaining 23%.

DYdX announced last year that the project’s “v4” or version 4 would be developed as a standalone blockchain based on the Cosmos software development kit (SDK) and Tendermint proof-of-stake consensus protocol. The DEX was originally built on Ethereum.

The company said it is aiming for the final step in the transition, the launch of the main network on Cosmos, later this year, but hasn’t set a specific date.

Merhaba arkadaşlar, bugün sizlere Prizmabet adlı bir bahis sitesinden bahsedeceğim. Prizmabet, Betconstruct altyapısı ile üyelerine kaliteli hizmetler veren ve ülkemizin önde gelen bahis sitelerinden bir tanesidir. 2009 yılında kurulan Prizmabet, lisanslı, güvenilir ve avantajlı bir site olarak dikkat çekmektedir. Prizmabet’te spor bahisleri, canlı bahisler, casino, canlı casino, slot oyunları, sanal sporlar ve daha pek çok seçenek bulabilirsiniz. Prizmabet’te oyun oynamak için aradığınız ortamı fazlası ile bulacaksınız.

Prizmabet’in en önemli özelliklerinden biri de Prizmabet TV kanalıdır. Bu kanal sayesinde bahis sitesinde bulunan müsabakaları üyeler bir ücrete katlanmadan istedikleri zaman takip edebiliyor. Böylece hem heyecanlı hem de kazançlı bir bahis deneyimi yaşayabiliyorsunuz. Prizmabet TV kanalında futbol, basketbol, tenis, voleybol gibi popüler spor dallarının yanı sıra daha az bilinen sporlara da yer verilmektedir. Prizmabet TV kanalını kullanmak için sadece siteye üye olmanız ve yatırım yapmanız yeterlidir.

Prizmabet ayrıca üyelerine bol miktarda bonus ve promosyon da sunmaktadır. Prizmabet’te ilk üyelik bonusu olarak 100 TL deneme bonusu alabilirsiniz. Bunun yanında yatırım bonusları, kayıp bonusları, arkadaş davet bonusu, doğum günü bonusu gibi farklı bonuslar da mevcuttur. Prizmabet bonusları sayesinde daha fazla oyun oynayabilir ve kazancınızı artırabilirsiniz. Prizmabet bonuslarının çevrim şartları da oldukça makul seviyededir.

Prizmabet para yatırma ve çekme işlemleri konusunda da üyelerine kolaylık sağlamaktadır. Prizmabet’te banka havalesi, kredi kartı, papara, cepbank, QR kod, bitcoin gibi farklı yöntemlerle para yatırabilir ve çekebilirsiniz. Para yatırma ve çekme işlemleri 7/24 yapılabilmekte ve kısa sürede hesaplara yansımaktadır. Prizmabet para yatırma ve çekme işlemlerinde herhangi bir komisyon veya kesinti de yapmamaktadır.

Prizmabet müşteri hizmetleri de üyelerine 7/24 canlı destek hizmeti sağlamaktadır. Prizmabet canlı destek ekibi sayesinde site ile ilgili her türlü soru, sorun veya önerinizi iletebilir ve anında çözüm bulabilirsiniz. Prizmabet canlı destek ekibi profesyonel, güler yüzlü ve yardımseverdir.

Sonuç olarak, Prizmabet ülkemizin en iyi bahis sitelerinden biri olarak gösterilebilir. Prizmabet’te hem eğlenceli hem de kazançlı bir bahis deneyimi yaşayabilirsiniz. Prizmabet’e üye olmak için güncel giriş adresini web sitemizden bulabilirsiniz. Prizmabet’e girmek için tıklayınız! Prizmabet’e katıldığınıza pişman olmayacaksınız!

AI-Backed Blockchain Data Startup Web3Go Raises $4M

Binance Labs led the round with HashKey Capital, NGC and Shima Capital among the other backers.

Yapay zeka (AI) destekli veri araçları sunan bir blockchain şirketi olan Web3Go, HashKey Capital, NGC, Shima Capital, IVC, LIF, Big Brain Holdings ve Archerman Capital’in katılımıyla Binance Labs liderliğindeki bir başlangıç turunda 4 milyon dolar topladı. göre bir

Israeli Lawmakers Support Axing Crypto Capital Gains Tax for Foreigners

A bill exempting foreign residents from capital gains taxes on crypto sales, and lowering tax on stock-options-like crypto options for employees has passed a preliminary reading in the Knesset.

A bill to extend certain tax benefits afforded to Israel’s high-tech firms to the country’s crypto sector passed a preliminary reading in the Knesset, the country’s parliament, on Wednesday.

If passed into law, the bill would exempt foreign residents from capital gains taxes on the sale of digital currencies and reduce tax on crypto options for employees – similar to stock options – to about 25% from 50%, the Israel Crypto, Blockchain and Web3 Companies Forum (ICBW3) told CoinDesk.

The bill has the support of the coalition government led by Prime Minister Benjamin Netanyahu, and aligns with his economic policies to attract investors and companies to Israel, according to Dan Illouz, a lawmaker in Netanyahu’s Likud party.

“Up until now, workers in the crypto industry had to pay double the tax on their options compared to workers in the traditional high-tech industry. Moreover, foreign investors in the blockchain industry were not entitled to the same benefits as those entitled to investors in the traditional high-tech industry,” Illouz said in a press statement. “This law amendment aims to balance the situation and eliminate the discrimination in taxation.”

Israel has been working to integrate crypto into its local economy by regulating the sector, with the government proposing guidelines for the treatment of digital assets and requirements for stablecoins. The country’s securities regulator is set to supervise crypto assets.

“Finance Minister Bezalel Smotrich, who has shown support for the bill, is signaling that Israel is embracing crypto. This bold decision aligns Israel with U.K. and European countries that actively promote the industry, generating employment opportunities through clear regulations,” ICBW3 co-founders Nir Hirschmann Rub and Shauli Rejwan said in a statement to CoinDesk.

With technology and crypto, Israel has the opportunity to compete with the major financial cities in the world such as London and New York, Illouz said.

“We must not miss it,” he added.

Centralization Comes to DeFi as Group Behind MIM, SPELL Tokens Mull Legal Shakeup

A project leader called for adding lawyers, jurisdictions and trustees for Abracadabra DAO, the entity overseeing Magic Internet Money (MIM) and SPELL tokens.

Centralized business structures are continuing their creep into decentralized finance (DeFi), with the builders of tokens Magic Internet Money (MIM) and SPELL on Wednesday pitching a traditional legal structure to supplant the DAO overseeing the stablecoin with a nearly $700 million market cap.

In a forum post, a project leader called on Abracadabra DAO to support a “transition of power” to a centralized entity complete with lawyers, jurisdictions and trustees. Those trappings of a traditional corporation are seemingly antithetical to the notion of a DAO, the form of crypto-based business governance in which token holders directly call the shots.

“Despite our commitment to decentralization, we’ve recognized the importance of introducing a certain degree of centralized legal structure,” the AbracadabraTeam account wrote. “The purpose here is not to disrupt the decentralized nature of Abracadabra; in fact, it’s to protect it.”

Abracadabra DAO is the latest crypto project swapping the lofty idealism of decentralized governance for some degree of centralization, alongside SushiSwap and other projects. The reasons for these transitions range from heightened regulatory scrutiny to more mundane business concerns.

For Abracadabra DAO, the publicly-shared reasons seem to tilt toward vanilla. AbracadabraTeam said the centralized entity would manage the DAO’s intellectual property as well as server expenses “while still keeping control in the hands of SPELL token holders.”

Holders of SPELL (Abracadabra DAO’s governance token) will vote the project through three phases of transition, starting with picking a jurisdiction for the new entity. Four countries are on the table: Switzerland, Singapore, Malta and Bermuda.

Phases two and three will define what the new entity’s roles are and how it will operate, according to the post.

At press time, the SPELL token was trading 2.8% lower over the past 24 hours.

Bitcoin Remains Range-Bound, Despite Bullish Sentiment

Bitcoin prices have paused with support at $30,000

Early Wednesday trading in U.S. markets underscored increasing stability for bitcoin at $30,000. Meanwhile, derivatives markets signaled bullishness, despite BTC’s stoutness.

Bitcoin traded flat on Wednesday, marking the 12th consecutive day of range-bound trading. Since the 22% price increase between June 15 and June 23, BTC prices have traded down 1.3%.

Trading volume spiked during Wednesday’s 9 a.m. (ET) hour, as U.S.-based markets opened. The rise coincides with a prior-hour decline to $30,349, along with its Relative Strength Index (RSI) falling below 30 on its hourly chart – indicating that BTC was oversold in the lower time frame.

Short-term intraday traders likely saw the decline as an opportunity to get long BTC at an opportune valuation. Investors looking to hold bitcoin for longer than one day would be more likely to view BTC’s RSI on a daily chart, where it sits at 62.

The RSI is a commonly used technical indicator ranging from 0-100, with levels above 70 implying that an asset is overvalued, and levels below 30 implying that it is undervalued. Applying the indicator on varying time frames can hint at the sentiment of traders with different time horizons or investing styles.

Derivatives markets signal bullishness

While spot BTC prices have moderated, investors looking for exposure via derivatives markets appear to be betting on higher prices.

Futures open interest for bitcoin is now north of $12 billion, up from $10.4 billion at the beginning of June. Open interest had reached as high as $13.4 billion on June 29, according to On-Chain Analytics firm Glassnode.

Futures volume has been choppy, not indicating a trend in either direction. Still, its most recent reading of $19 billion doesn’t indicate a sharp decline in activity.

Rising open interest along with rising prices can often signal investor bullishness.

Bitcoin funding rates have been positive for 29 consecutive days, and for all but one day since May 11.

Funding rates represent periodic payments between traders with long or short positions in futures markets. Positive funding rates indicate that long position traders are willing to pay a funding rate to short position traders, an indication of bullish sentiment

This article was written and edited by CoinDesk journalists with the sole purpose of informing the reader with accurate information. If you click on a link from Glassnode, CoinDesk may earn a commission. For more, see our Ethics Policy.

BlackRock CEO Larry Fink Says Bitcoin Could ‘Revolutionize Finance’

The asset management giant in mid-June filed paperwork with the SEC for a spot bitcoin ETF.

BlackRock (BLK) CEO Larry Fink said crypto, specifically bitcoin (BTC), could revolutionize the financial system in an interview with Fox Business on Wednesday.

“We do believe that if we can create more tokenization of assets and securities – that’s what bitcoin is – it could revolutionize finance,” he said. Previously known to be a skeptic of crypto, Fink years ago suggested fans of the asset class heavily used it for “illicit activities.”

Fink continued: “Instead of investing in gold as a hedge against inflation, a hedge against the onerous problems of any one country, or the devaluation of your currency whatever country you’re in – let’s be clear, bitcoin is an international asset, it’s not based on any one currency and so it can represent an asset that people can play as an alternative.”

The iShares unit of BlackRock filed paperwork with the U.S. Securities and Exchange Commission (SEC) on June 16 for a spot bitcoin exchange-traded fund. While BlackRock has an almost perfect track record of getting ETFs approved by the SEC, Fink couldn’t say when a decision for its bitcoin ETF could be expected.

“We hope that, like in the past, we could be working with our regulators and get the filing approved one day, and I have no idea what that one day will be, but we’ll see how that all plays out.”

The apparent bullishness of the CEO of the $8.5 trillion asset manager is having little effect on the price of bitcoin, which continues to trade little-changed at just under $30,500.

Circle Considers Issuing Stablecoin in Japan Under New Rules

Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.

Circle is considering issuing a stablecoin in Japan, given that legislation governing stablecoins took effect on June 1, the payment services company’s co-founder and CEO Jeremy Allaire said.

In an interview with CoinDesk Japan, Allaire said that if stablecoins become more widely used for cross-border trade, foreign currency transactions and global commerce, Japan will become an extremely large market.

Japan’s stablecoin bill makes it one of the first countries to establish a framework for the use of overseas stablecoins, which Allaire considers “the most important thing the government and the Financial Services Agency have done.”

He said that Circle is interested in partnerships in Japan, which he visited last month.

Japan’s revised Payment Services Act certifies stablecoins backed by legal tender as an “electronic payment method” and allows their issuance.

Stablecoin issuers will have to abide by tough rules. Stablecoins must be pegged to the yen or other legal tender and guarantee holders the right to redeem them at face value. Only licensed financial institutions like licensed banks, registered money transfer agents and trust companies will be able to issue stablecoins.

The country’s Financial Services Agency moved to lift a ban on overseas stablecoins in December last year.

Circle recently obtained a Major Payment Institution (MPI) license in Singapore, which allows it to offer digital payment token services, cross-border money transfer services and domestic money transfer services in the city-state.

Major Japanese financial institutions have been exploring stablecoins, with Mitsubishi UFJ Trust and Banking Corporation announcing its plans to issue its own stablecoin platform, called Progmat.

Read more: Japan Embraces Web3 As Global Regulators Grow Wary of Crypto

CryptoQuant Parent Raises $6.5M Round Led by Atinum Investment

The latest round brings the company’s total capital raise to $9 million.

Data analytics platform CryptoQuant announced that its parent company, Team Blackbird, has closed a $6.5 million Series A led by South Korea-based Atinum Investment.

“Digital assets are considered particularly risky speculative assets due to the difficulty in finding reliable information and engaging in speculative investments without data analysis,” Joo Gi-Young, CEO of Team Blackbird, said in a press release. “CryptoQuant’s main value lies in proving that it is possible to redefine investment methodologies for digital assets and establish criteria for evaluating asset value based on accurate data.”

The company said it plans to use the proceeds to recruit for both its South Korea and international operations.

The Series A brings the company’s total capital raise to $9 million, with previous investment from Galaxy Interactive and Mirae Asset Capital.

Celsius to Potentially Sell More Than $170M in ADA, MATIC, SOL and Altcoins for BTC, ETH

Court documents from last November give a rough picture of the lender’s altcoin holdings.

Kripto kredi şirketi Celsius, iflas işlemlerini denetleyen hakimin onayını takiben 1 Temmuz’da Cardano (ADA), Polygon (MATIC), Solana (SOL) ve bir avuç diğer altcoin’deki ana varlıklarını satmaya devam ediyor.

Geçen Aralık ayındaki mahkeme belgelerine göre Celsius, 25 Kasım 2022’de 90 milyon MATIC, 103 milyon ADA, 161.000 SOL, 3.3 milyon LINK, 1.8 milyon polkadot (DOT), 200.000 litecoin (LTC) ve 106.000 AAVE’yi kontrol etmekteydi. şirketlerin bu varlıklardaki mevcut pozisyonlarının ne olduğunu ve bunların ne kadarının satıştan çıkarılacağını netleştirin.

Those positions were cumulatively worth over $170 million at press time. Celsius has millions of dollars more in stablecoins as well as 650 million of its own CEL token. That tranche is theoretically worth nearly $100 million, according to Coinmarketcap, but it was unclear whether Celsius could liquidate its native asset.

Nevertheless, bankruptcy Judge Martin Glenn’s all-clear means Celsius will soon begin exiting many of its positions in favor of bitcoin and ether, the two assets that will ultimately be distributed to creditors who have waited nearly a year for their money back.

Celsius “may sell or convert any non-BTC and non-ETH cryptocurrency, crypto tokens, or other cryptocurrency assets other than such tokens that are associated with Withhold or Custody accounts … to BTC or ETH commencing on or after July 1, 2023,” Judge Glenn’s ruling said.

Merhaba arkadaşlar, bugün sizlere Prizmabet adlı bir bahis kitabından bahsedeceğim. Prizmabet, Betconstruct donanımları ile üyelerine kaliteli hizmetler veren ve uygulamanın önde gelen bahis sitelerinden bir tanesidir. 2009 yılında kurulan Prizmabet, lisanslı, güvenilir ve güvenilir bir site olarak dikkat çekmektedir. Prizmabet’te spor bahisleri, canlı bahisler, casino, canlı casino, slot oyunları, sanal sporlar ve daha pek çok seçeneği bulabilirsiniz. Prizmabet’te oyun oynamak için aranan ortam fazlasıyla bulunur.

Prizmabet’in en önemli özelliklerinden biri de Prizmabet TV kanalıdır. Bu kanal sayesinde bahis sitesinde bulunan müsabakaları üyeler bir ücrete katlanmadan zaman takip edebiliyor. Böylece hem heyecanlı hem de kazançlı bir bahis deneyimi yaşıyorsunuz. Prizmabet TV kanalında futbol, basketbol, tenis, voleybol gibi popüler spor dallarının yanı sıra daha az bilinen sporlara da yer verilmektedir. Prizmabet TV kanalını kullanmak için sadece siteye üye olmanız ve yatırım yapmanız yeterlidir.

Prizmabet ayrıca üyelerine bol miktarda bonus ve promosyon da sunmaktadır. Prizmabet’te ilk üyelik bonusu olarak 100 TL deneme bonusu alabilirsiniz. Bunun yanında yatırım bonusları, kayıp bonusları, arkadaş davet bonusu, doğum günü bonusu gibi farklı bonuslar da mevcuttur. Prizmabet bonusları sayesinde daha fazla oyun oynayabilir ve getirmenizi artırabilirsiniz. Prizmabet bonuslarının çevrim şartları da oldukça makul bir seviyededir.

Prizmabet para yatırma ve çekme işlemleri konusunda da araçlara kolaylık sağlar. Prizmabet’te banka havalesi, kredi kartı, papara, cepbank, QR kodu, bitcoin gibi farklı durumlarda para yatırabilir ve çekebilirsiniz. Para yatırma ve çekme işlemleri 7/24 yapılabilmekte ve kısa sürede hesaplara yansımaktadır. Prizmabet para yatırma ve çekme aksamı herhangi bir komisyon veya kesinti de yapmamaktadır.

Prizmabet müşteri hizmetleri de müşterilerine 7/24 canlı hizmet vermektedir. Prizmabet canlı destek ekibi sayesinde site ile ilgili her türlü soru, sorun veya önerilerinizi iletebilir ve anında çözüm bulabilirsiniz. Prizmabet canlı destek ekibi profesyonel, güler yüzlü ve yaklaşımıdır.

Sonuç olarak, Prizmabet performansının en iyi bahis sitelerinden biri olarak gösterilebilir. Prizmabet’te hem eğlenceli hem de kazançlı bir bahis deneyimi yaşıyorsunuz. Prizmabet’e üye olmak için güncel giriş adresi web sayfalarında bulabilirsiniz. Prizmabet’e girmek için tıklayınız! Prizmabet’e katıldığınıza pişman olmayacaksınız!

OKX Overcomes FTX-Related Concerns Around Crypto Industry to Expand Sponsorship With Man City

Manchester City and OKX’s other partners have been auditing the exchange’s proof of reserves to make sure it won’t go the same way as FTX.

Kripto para borsası OKX, geçen yılki olayların ardından kripto endüstrisinin olumsuz çağrışımlarından vazgeçmeyen İngiliz ve Avrupa futbol şampiyonları Manchester City ile sponsorluk anlaşmasını genişletti.

Cuma günü e-posta yoluyla yapılan duyuruya göre OKX logosu, oyuncuların antrenman setindeki mevcut yerine ek olarak Man City’nin gelecek sezondan itibaren saha formalarının kollarında gösterilecek.

2021 ve 2022’de FTX ve Crypto.com gibi isimlerin stadyumlara ve arenalara isimlerini koyması ve markalarını oyuncuların veya yetkililerin üniformalarında görünür hale getirmesiyle, kripto firmalarının elit spor organizasyonlarına sponsorluk yapması olağan hale geldi.

Ancak geçen yıl Kasım ayında FTX’in çöküşü, kulüplerin kendilerini kripto şirketleriyle hizaya sokmadan önce iki kez düşünmelerine neden oldu.

OKX’in pazarlama müdürü Haider Rafique, CoinDesk’e bir röportajda “Ortaklarımız kesinlikle FTX ile benzer bir durumda olup olmayacağımızı bilmek istediler” dedi. “Bu soruları bireysel olarak cevaplamak yerine, onları rezerv kanıtımıza dahil ettik.”

Rezerv kanıtı, bir kripto borsasının tüm müşteri para çekme işlemlerini işlemek için yeterince likit olduğunu göstermenin kriptografik bir yoludur ve böylece müşterilerine paralarının güvende olduğuna dair güvence verir.

Rafique, Man City ve Formula 1 takımı McLaren gibi ortakların OKX’in rezerv kanıtlarını denetlediğini, hatta yönetim kurulu üyelerinin borsaya sorular ve sorgular içeren e-postalar gönderdiğini söyledi.

Rafique, “Bizi çok eleştirdiler, bu yüzden turnusol testini geçmek bizim için gerçek bir doğrulama,” dedi.

Prizmabet ayrıca üyelerine bol miktarda bonus ve promosyon da sunmaktadır. Prizmabet’te ilk üyelik bonusu olarak 100 TL deneme bonusu alabilirsiniz. Bunun yanında yatırım bonusları, kayıp bonusları, arkadaş davet bonusu, doğum günü bonusu gibi farklı bonuslar da mevcuttur. Prizmabet bonusları sayesinde daha fazla oyun oynayabilir ve getirmenizi artırabilirsiniz. Prizmabet bonuslarının çevrim şartları da oldukça makul bir seviyededir.