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Mt Gox repayments delayed until 2025 could allay fears of cryptocurrency selloff Bitcoin faces uncertainty due to elections, interest rate cuts, and selloffs.The long-awaited Mt Gox repayment, which some expected to trigger a wave of Bitcoin selling, has been postponed until October 31, 2025, according to a recent notice from the Mt Gox Reorganization Trustee. .Originally set for the end of October 2024, the deadline extension will give creditors who have not yet completed the necessary steps to repay more time.MtGox, an early cryptocurrency exchange that collapsed in 2014, owes creditors about $9.2 billion in Bitcoin.When the first repayments began…

Tony Kim October 12, 2024 13:09 Noam Nisan explains the concept of multidimensional fees in blockchain, highlighting the distinction between easy and hard fee dimensions and their impact on transaction efficiency. The concept of multidimensional fees in blockchain transactions has gained attention as experts seek ways to optimize fee mechanisms. According to a16z crypto, traditional one-dimensional gas fees may not be able to adequately address the complexity of resource allocation in blockchain networks. Understand multidimensional fees Noam Nisan, a computer science professor at the Hebrew University of Jerusalem, elaborates on this subject by distinguishing…

The cryptocurrency community is booming as Dogecoin (DOGE) and Binance Coin (BNB) whales have started accumulating a new altcoin with AI capabilities, Intel Market (INTL). IntelMarkets aims to transform the $36.5 billion crypto trading platform market. IntelMarkets is currently in the pre-sale stage and has raised over $1 million from investors. Meanwhile, Dogecoin (DOGE) and Binance Coin (BNB) have shown resilience as they fight to maintain their positions in a volatile market. Dogecoin (DOGE) price prediction as whale activity increases Over the past month, the price of Dogecoin (DOGE) has been volatile, reflecting the general sentiment in the crypto market.…

In a 2021 report titled Payments are Eating the World, J.P. Morgan stated that the next decade will see revolutionary and foundational changes within the payments industry. But how could blockchain applications, specifically, help this essential and all-encompassing field?Blockchain For Payments: The Continued Disruption Of PaymentsPayments can mean all sorts of different things to different people. If you run a small business, it might mean people paying for your product in-store with a card (also known as business to consumer or B2C). If you sell a product or service to another business, you might think of it as sending an…

VeChain and Solarwise have created the latest collection of NFTs (Solar NFTs), which will be available for sale on the MaaS platform on October 23rd. Our research revealed that at the initial stage, 200 solar NFTs will be available for payment in fiat currency (credits). card) and VET. SolarWise, a full-service solar energy installation company, has announced the official launch of its non-fungible token (NFT) collection Solar NFT. According to the report, NFTs will be available for purchase through VeChain (VET)’s Web3 marketplace MaaS on October 23rd. 🌞💡 Exciting news about renewable energy! SolarWise launches solar NFTs. #VeChain Blockchain allows…

Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. As the cryptocurrency market revives, analysts believe the growth of alternative coins could outpace Bitcoin and Ethereum. Amid the resurgence of the cryptocurrency market, certain digital currencies have emerged as potential front-runners. While Bitcoin and Ethereum dominate the conversation, some alternative coins are showing signs of significant growth. Market analysts are keeping an eye on these assets, predicting that they could outperform the incumbent leaders in the upcoming surge. Investors are keen to identify these promising cryptocurrencies that can…

Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. In a significant development, Coinbase’s Layer 2 blockchain, Base, now has Total Value Lock (TVL), a cryptocurrency metric…

SEC postpones ruling on Ethereum Spot ETF options until December 3, 2024. Institutional investor interest in crypto derivatives is growing, and advisors are increasingly using options in their portfolios. The Bitcoin Spot ETF saw significant net inflows of $253.6 million, while the Ethereum ETF saw modest outflows. The wait for Ethereum Spot ETF options continues as the U.S. Securities and Exchange Commission (SEC) has postponed its ruling on proposed rule changes, according to an October 11 filing. The decision was expected by October 19, but has now been postponed to December. 3. This represents another example of the SEC deferring…

A balanced and predictable fee structure for Ethereum (ETH) Layer 1 and Layer 2 solutions is a necessity for the ecosystem, said Ethereum (ETH) co-founder Vitalik Buterin. A number of fee-sharing models may help protect Etherians from a “mixed economy” where tax rates can be highly volatile.As L1/L2 pricing debate heats up again, Vitalik Buterin suggests a ‘valuable starting point’To satisfy all users of the Ethereum (ETH) ecosystem, employ mechanisms that ensure that both Layer 1 and Layer 2 fee accrual rates are far from zero and that the fluctuations in the ratios are small. There is a need. Ethereum’s…

While the Fed’s interest rate cuts are likely to lead to a rise in Bitcoin and other risky assets, some stablecoin issuers could see their revenues hit. Stablecoins are currently the 18th largest holder of U.S. government debt in total, with more than $120 billion of that backed by a variety of coins, and Bernstein recently described stablecoins as increasingly “systemically important.” It is called an asset class. According to CryptoQuant, Tether (USDT) and USD Coin (USDC) dominate the market, accounting for 70% and 21% respectively. “For most of these stablecoin issuers, the core business model is that the product…