Deveab Blog

Author: deveab

  • Grayscale Expands Investment Offerings with Smart Contract Platform Fund

    Introduction

    Grayscale Investments, a leading cryptocurrency asset management firm, has announced the expansion of its investment fund series to include non-Ethereum smart contract tokens. The new Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE) provides investors with exposure to major smart contract networks and Ethereum sidechains.

    👉 Discover more about crypto investment opportunities

    Fund Composition and Allocation

    The GSCPxE Fund comprises the following assets:

    Cryptocurrency Symbol Allocation (%)
    Cardano ADA >24%
    Solana SOL >24%
    Avalanche AVAX >16%
    Polkadot DOT >16%
    Polygon MATIC ~10%
    Algorand ALGO >4%
    Stellar XLM >4%

    The fund is strategically weighted, with Cardano (ADA) and Solana (SOL) leading allocations at over 24% each.

    Industry Reactions and Insights

    Galaxy Digital’s Perspective

    Mike Novogratz, founder of Galaxy Digital, commented on the crypto market’s volatility, stating:

    “The cryptocurrency industry lacks robust risk management frameworks. The collapse of Luna marked the beginning of a credit crisis, affecting even seasoned investors.”

    He remains optimistic about Bitcoin’s long-term potential, predicting it could reach $500,000 within five years due to its store-of-value properties.

    Edgevana Adopts Crypto Payments

    Edgevana, a Web3-focused bare-metal data center provider, now accepts cryptocurrency payments, including:

    • USDC (Stablecoin)
    • SOL (Solana)
    • USDT (Tether)

    Payments must be made via Solana Pay-compatible wallets, signaling growing adoption of blockchain-based transactions in enterprise solutions.

    MARBLEX Strengthens DeFi Ecosystem

    Through a Memorandum of Understanding (MOU), MARBLEX is enhancing its blockchain ecosystem to adapt to the rapidly evolving DeFi landscape. The initiative aims to bolster its native token, MBX, by improving scalability, security, and interoperability.

    👉 Explore DeFi innovations

    FAQ

    1. What is the GSCPxE Fund?

    • A Grayscale investment vehicle offering exposure to non-Ethereum smart contract platforms, including Solana, Cardano, and Polkadot.

    2. Why are ADA and SOL the largest holdings?

    • Both networks are leaders in scalability and adoption, making them preferred choices for institutional investors.

    3. How does Solana Pay improve crypto transactions?

    • It enables fast, low-cost payments via Solana-compatible wallets, ideal for merchants like Edgevana.

    4. What risks does Novogratz highlight?

    • Poor risk management in crypto, exemplified by the Luna crash, which triggered wider market instability.

    5. How does MARBLEX’s MOU benefit MBX?

    • Partnerships drive technical upgrades, boosting MBX’s utility in DeFi applications.

    Conclusion

    Grayscale’s new fund underscores institutional confidence in alternative smart contract platforms, while industry players like Edgevana and MARBLEX push for broader blockchain integration. Despite market risks, innovations in payments and DeFi signal sustained growth for cryptocurrencies.

    👉 Stay updated on crypto trends

  • Mining Grid Brings Regional Leadership to Global Bitcoin Stage

    Mining Grid, the UAE-based leader in decentralized asset mining solutions, is set to make history as the first Middle Eastern company to sponsor and participate in Bitcoin 2025, the world’s largest Bitcoin conference. CEO Rami Alsridi will lead a mining masterclass, sharing insights on scalable infrastructure and community-driven innovations.

    Why Mining Grid Stands Out

    As a sponsor of Bitcoin 2025, Mining Grid brings:
    – Regional expertise to a global audience.
    – Innovative mining solutions, including the Cores Racing program.
    – A commitment to transparency and fairness in crypto mining.

    Held at The Venetian Resort, Las Vegas, the event will feature:
    ✔ 30,000+ attendees
    ✔ 5,000+ companies
    ✔ 400+ speakers, including global policymakers

    👉 Discover how Mining Grid is transforming Bitcoin mining

    Revolutionizing Bitcoin Mining with Cores Racing

    Mining Grid’s Cores Racing program, launched via its Mining Race Platform, has attracted 60,000+ users across 140 countries. Key features include:

    Feature Benefit
    Block-based rewards Fair payouts per mined Bitcoin block
    Community-driven model Enhances engagement and transparency
    Live demos in Dubai Hands-on access to hardware and expert consultations

    This initiative revives the early Bitcoin ethos, making mining more competitive and rewarding for all participants.

    CEO Rami Alsridi’s Bitcoin 2025 Masterclass

    At Bitcoin 2025, Alsridi will host a panel: “Mining Masterclass: So You Want to Mine Bitcoin?” The session covers:
    1. Choosing the right miner (ASIC vs. GPU).
    2. Energy and hosting requirements.
    3. Profitability models and pool strategies.
    4. How Mining Race Platform lowers entry barriers.

    “Bitcoin mining used to be for the tech-savvy, but we’re changing that. Our goal is to democratize access.”
    — Rami Alsridi, CEO of Mining Grid

    Demystifying Mining Economics

    Alsridi will break down:
    – Current market competitiveness.
    – How reward-based competitions disrupt traditional mining.
    – Scalability for beginners and institutional clients.

    👉 Explore Mining Grid’s ecosystem

    FAQs About Mining Grid and Bitcoin 2025

    Q: What makes Mining Grid unique?
    A: It combines regional leadership (UAE) with global innovations like Cores Racing, prioritizing fairness and accessibility.

    Q: How does Cores Racing work?
    A: Users compete in a transparent, block-based reward system, ensuring equitable payouts.

    Q: Who should attend Alsridi’s masterclass?
    A: Beginners and experienced miners seeking to optimize or scale operations.

    Q: Where can I learn more?
    A: Visit Mining Grid’s showroom in Dubai or follow updates from Bitcoin 2025.

    Conclusion

    Mining Grid is redefining Bitcoin mining through:
    – Community-driven programs (Cores Racing).
    – Educational initiatives (Bitcoin 2025 masterclass).
    – Global accessibility via its Dubai hub.

    By bridging regional expertise and global innovation, Mining Grid is shaping the future of decentralized finance.
    “`

  • Advanced Yield Farming Strategies for Large Liquidity Providers in DeFi

    Yield farming has emerged as a cornerstone of decentralized finance (DeFi), enabling liquidity providers (LPs) to maximize returns through strategic capital deployment. This guide explores advanced tactics tailored for large-scale investors, balancing risk management with profit optimization.

    Key Concepts in Yield Farming

    Liquidity Provision Fundamentals

    • Role of LPs: Supply assets to decentralized exchanges (DEXs) to facilitate trading
    • Pool Mechanics: Automated Market Makers (AMMs) use algorithms to determine asset prices
    • Capital Efficiency: Large providers enhance market depth and reduce slippage

    Core Yield Components

    Component Description Typical Range
    Trading Fees Percentage of swap transactions 0.01%-0.3%
    Protocol Rewards Native token incentives for participation 5-300% APY
    Staking Yields Additional earnings from locking LP tokens 2-20% APR

    👉 Discover cutting-edge liquidity strategies

    Optimized Farming Strategies

    1. Multi-Protocol Diversification

    • Platform Allocation: Spread capital across 3-5 top-tier protocols (e.g., Uniswap, Curve, Balancer)
    • Chain Expansion: Utilize cross-chain opportunities (Ethereum, Polygon, Arbitrum)
    • Yield Aggregation: Employ automated optimizers like Yearn Finance or Beefy Finance

    2. Concentrated Liquidity Management

    • Range Positioning: Target high-probability price ranges (e.g., ±10% around current price)
    • Dynamic Adjustment: Rebalance positions weekly based on volatility indicators
    • Impermanent Loss Mitigation: Hedge positions using derivatives or stablecoin pairs

    3. Governance Token Maximization

    • Vote-Escrow Systems: Lock tokens for boosted rewards (e.g., Curve’s veCRV model)
    • Bribe Markets: Participate in DAO governance for additional earnings (e.g., Convex Finance)
    • Tokenomics Analysis: Prioritize protocols with sustainable emission schedules

    👉 Master cross-chain yield opportunities

    Risk Management Framework

    Smart Contract Security

    1. Audit Verification: Only interact with protocols having:
    2. Completed audits from CertiK or Quantstamp
    3. Bug bounty programs ≄$100,000

    4. No critical vulnerabilities in past 6 months

    5. Insurance Coverage:

    6. Nexus Mutual or InsurAce for protocol failure protection
    7. 1-3% premium for comprehensive coverage

    Market Risk Controls

    • Volatility Thresholds: Auto-exit positions when 24h price swings exceed 15%
    • Correlation Monitoring: Avoid highly correlated asset pairs (ρ > 0.85)
    • Stablecoin Allocation: Maintain 30-50% in USD-pegged assets during bear markets

    Performance Optimization Tools

    Advanced Analytics Platforms

    Tool Key Features Best For
    DeFiLlama Multi-protocol APY comparison Strategy benchmarking
    Dune Analytics Custom dashboard creation Position tracking
    Token Terminal Protocol revenue analysis Fundamental research

    Automated Management Solutions

    • Limit Orders: Set take-profit/stop-loss on DEXs via 1inch or ParaSwap
    • MEV Protection: Use Flashbots for transaction bundling
    • Gas Optimization: Schedule transactions during low-fee periods

    FAQ Section

    Q: How much capital is needed for professional yield farming?
    A: Most institutional strategies require minimum $250,000 to achieve proper diversification and gas efficiency.

    Q: What’s the realistic APY for optimized strategies?
    A: 15-45% net after accounting for impermanent loss and gas costs in current market conditions.

    Q: How often should positions be rebalanced?
    A: Protocol-dependent, but generally every 7-14 days or when APY differentials exceed 20%.

    Q: Which stablecoin pairs offer the best risk-reward?
    A: USDC-USDT pools typically provide the most stable returns (5-8% APY) with near-zero IL risk.

    Q: How to handle taxable events in yield farming?
    A: Each harvest and swap constitutes a taxable event – use tools like TokenTax or CoinTracker for accounting.

    Q: What’s the safest way to enter new protocols?
    A: Implement a phased approach:
    1) Test with <5% of capital
    2) Monitor for 2-3 weeks
    3) Full allocation after confirming stability

    Future Outlook

    The yield farming landscape continues evolving with several key developments:

    1. Institutional-Grade Infrastructure: Emerging solutions for compliance and capital preservation
    2. Cross-Chain Composability: Seamless asset movement between Layer 2 networks
    3. Risk- Adjusted Products: Structured products combining yield farming with downside protection

    By staying informed and leveraging these advanced strategies, large liquidity providers can sustainably outperform the market while managing DeFi’s inherent risks. Continuous education and technological adaptation remain critical for long-term success in this dynamic space.

  • Top Ethereum Holders: A Deep Dive into the Largest ETH Wallets

    Ethereum remains a cornerstone of decentralized finance (DeFi), smart contracts, and digital asset innovation. As the ecosystem evolves, analyzing the distribution of ETH among its largest holders offers critical insights into market dynamics, liquidity trends, and institutional adoption. Below, we explore the top Ethereum wallets in 2025, their roles, and tools to track onchain ownership.

    Top 10 Ethereum Holders by ETH Balance

    Based on real-time onchain data, the largest ETH holders include staking contracts, exchanges, and institutional custodians:

    Rank Holder ETH Balance % of Total Supply
    1 Ethereum 2.0 (Beacon Deposit) 59,753,653 ETH 49.53%
    2 Coinbase 4,930,015 ETH 4.09%
    3 Binance 4,232,584 ETH 3.51%
    4 Bitfinex 3,284,376 ETH 2.72%
    5 Wrapped Ether (WETH) 2,796,038 ETH 2.32%
    6 Coinbase Prime 1,819,815 ETH 1.51%
    7 Base (Bridge) 1,712,220 ETH 1.42%
    8 Robinhood 1,655,419 ETH 1.37%
    9 Upbit 1,361,084 ETH 1.13%
    10 Grayscale ETF 1,200,587 ETH 1.00%

    👉 Key Insight: The Beacon Deposit Contract dominates, reflecting Ethereum’s shift to proof-of-stake (PoS), while exchanges and DeFi utilities like WETH underscore ETH’s liquidity hubs.

    Who Are the Largest ETH Holders?

    The top Ethereum wallets fall into five categories:

    1. Staking Contracts:

    2. The Beacon Deposit Contract secures the network by locking ETH for PoS validation.

    3. Centralized Exchanges (CEXs):

    4. Platforms like Coinbase and Binance custody ETH for millions of users, facilitating trading and withdrawals.

    5. Institutional Entities:

    6. Grayscale ETFs and Coinbase Prime serve institutional investors seeking regulated exposure.

    7. Smart Contracts:

    8. WETH enables ERC-20 compatibility for DeFi protocols like Uniswap and Aave.

    9. Bridges:

    10. Layer-2 bridges (e.g., Base) lock ETH to enable cross-chain transactions.

    👉 Discover how institutional ETH holdings impact market trends.

    Why Exchanges and Smart Contracts Hold Massive ETH

    • CEXs: Act as liquidity hubs, aggregating retail and institutional deposits.
    • WETH: Powers DeFi by converting ETH into a fungible token for lending and trading.
    • Bridges: Facilitate ETH transfers between Ethereum and Layer-2 networks like Arbitrum.

    Example: Over 2.3% of ETH is locked in WETH, highlighting DeFi’s demand for liquid collateral.

    How to Track ETH Ownership Trends

    Advanced onchain tools enable granular analysis of ETH distribution:

    1. Wallet Profiler

    • Tracks wallet activity, holdings, and transaction history.
    • Identifies “whale” movements and institutional inflows.

    2. Token God Mode

    • Filters wallets by balance, labels (e.g., “exchange”), and transaction volume.
    • Switches between address-level and entity-level views (e.g., all Binance wallets combined).

    3. Smart Money Dashboard

    • Highlights high-performing wallets with profitable trading patterns.

    👉 Explore Ethereum’s top 100 holders with real-time data.

    FAQs About Ethereum’s Largest Wallets

    1. How much ETH is locked in staking?

    As of 2025, ~49.5% of ETH is staked in the Beacon Deposit Contract.

    2. Are large ETH holdings a risk?

    Concentration among exchanges and institutions may affect liquidity but signals mainstream adoption.

    3. Can I view the top 1,000 ETH wallets?

    Yes, tools like Nansen’s Token God Mode allow filtering by rank or custom thresholds.

    4. What’s the role of WETH?

    WETH lets ETH interact with ERC-20 standards, essential for DeFi protocols.

    5. How often does this list change?

    Balances fluctuate daily due to trading, staking, and bridge activity.

    6. Do ETFs hold ETH directly?

    Yes, Grayscale’s ETF custodies ETH onchain, visible in its public wallet.

    Conclusion

    Ethereum’s top holders reveal a maturing ecosystem where staking, exchanges, and institutions drive liquidity. While the Beacon Contract anchors network security, CEXs and DeFi utilities shape market dynamics.

    For investors and analysts, monitoring these wallets provides actionable insights into ETH’s supply distribution.

    Pro Tip: Use onchain tools to track real-time changes and identify emerging trends.

    👉 Stay ahead with the latest ETH holder analytics.

    Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always conduct independent research.

  • Metaplanet Expands Bitcoin Holdings Surpassing 1,000 BTC

    Japanese investment firm Metaplanet has strengthened its commitment to Bitcoin (BTC) by acquiring an additional 156.7 BTC worth $10 million („1.6 billion). This latest purchase brings their total holdings to 1,018 BTC, valued at approximately $68.8 million („108 billion). The move underscores Metaplanet’s confidence in Bitcoin’s long-term growth potential amid economic uncertainties.

    👉 Discover how leading companies leverage Bitcoin for financial resilience

    Key Highlights of Metaplanet’s Bitcoin Strategy

    1. Investment Performance

    • Q3 2024 (July–September): Achieved a 41.7% return on Bitcoin investments.
    • October 1–28, 2024: Returns surged to 155.8%, driven by BTC price appreciation.
    • Unrealized Gains: Over $6 million in profits due to recent BTC price rallies (per Arkham Intelligence).

    2. Market Response

    • Stock Price Surge: Metaplanet’s shares rose 7.18% to „1,150, marking a 618.75% increase year-to-date.
    • Institutional Confidence: The firm’s strategy mirrors MicroStrategy’s aggressive BTC accumulation to hedge against inflation.

    3. Funding the Acquisitions

    • Loans & Equity: Secured a „1 billion loan from MMXX Ventures and raised „10 billion through shareholder rights offerings.
    • Shareholder Participation: 13,774 investors purchased shares at a discounted price of „555 per share.

    Timeline of Metaplanet’s Bitcoin Purchases

    Date BTC Purchased Approx. Value (USD) Total Holdings
    June 2024 23,351 BTC $1.6 million 203.7 BTC
    July 2024 42.4 BTC $2.4 million 246.1 BTC
    August 2024 57,273 BTC $3.4 million 303.4 BTC
    October 2024 156.7 BTC $10 million 1,018 BTC

    👉 Explore Bitcoin investment strategies for institutional portfolios

    Why Bitcoin? CEO Simon Gerovich Explains

    Metaplanet adopted Bitcoin as a strategic reserve asset to counteract:
    – High Debt Burden
    – Economic Volatility
    – Currency Depreciation Risks

    Gerovich cited MicroStrategy’s success as inspiration, emphasizing BTC’s scarcity and decentralized nature.

    FAQs: Metaplanet’s Bitcoin Holdings

    Q1: How does Metaplanet fund its Bitcoin purchases?
    A: Through loans (e.g., „1 billion from MMXX Ventures) and equity offerings („10 billion raised in October 2024).

    Q2: What’s the current value of Metaplanet’s BTC stash?
    A: ~$68.8 million, based on a holding of 1,018 BTC.

    Q3: How has Bitcoin impacted Metaplanet’s stock performance?
    A: Shares skyrocketed 618.75% YTD, reflecting investor optimism.

    Q4: Is Metaplanet the only Asian firm investing heavily in BTC?
    A: While rare, other firms like Nexon (Korea) have allocated treasury assets to Bitcoin.

    Q5: What’s Metaplanet’s long-term BTC strategy?
    A: To hold BTC as a primary treasury asset, leveraging its appreciation potential.

    Q6: How does Bitcoin compare to traditional investments for Metaplanet?
    A: BTC’s 155.8% returns in October 2024 far outperformed traditional markets.

    The Bigger Picture: Institutional Adoption

    Metaplanet’s actions signal a broader institutional shift toward Bitcoin, particularly in Asia. As macroeconomic uncertainties persist, BTC’s role as a non-correlated asset gains traction among corporations.

  • Jaguar Land Rover Develops “Smart Wallet” Software Rewarding Users with Tokens for Sharing Driving Data

    British automotive giant Jaguar Land Rover (JLR) has announced plans to launch a “smart wallet” software that allows users to earn IOTA tokens as rewards for sharing their driving data. This innovative system, currently in testing, aligns with JLR’s vision of achieving zero emissions, zero accidents, and zero congestion.

    How the Smart Wallet Works

    The software will be installed in JLR vehicles, enabling drivers to:
    – Automatically report road conditions like traffic congestion and potholes to navigation providers or local authorities
    – Participate in ride-sharing programs to earn additional tokens
    – Use accumulated IOTA tokens for:
    – Toll payments
    – Parking fees
    – Electric vehicle charging

    👉 Discover how blockchain is transforming automotive technology

    Current Testing Phase

    JLR’s software engineering hub in Ireland is leading the pilot program using:
    – Jaguar F-PACE
    – Range Rover Velar

    While commercialization timelines remain unspecified, the project demonstrates JLR’s commitment to mobility innovation.

    Industry Perspectives

    Dominik Schiener, Co-founder and Chairman of the IOTA Foundation, emphasized:

    “This smart wallet technology works across all vehicle brands. Our vision is automotive industry interoperability – not creating brand-specific tokens like ‘Jaguar Coin,’ but a universal token for the vehicle economy.”

    Blockchain in Automotive: Industry Trends

    A recent IBM study revealed that:
    – 62% of auto executives believe blockchain will disrupt the industry
    – Key applications include:
    – Secure data sharing
    – Mobility transactions
    – In-vehicle marketplaces

    Major industry developments include:

    Initiative Participants Focus Area
    MOBI Consortium BMW, Ford, GM, Renault, IBM Blockchain standards for smart mobility
    Autonomous Data Sharing GM & BMW Self-driving car data exchange
    Supply Chain Tracking Volkswagen & IBM Cobalt sourcing for EV batteries

    👉 Explore the future of tokenized mobility ecosystems

    Frequently Asked Questions

    How does the smart wallet track driving data?

    The system uses built-in vehicle sensors to automatically record and transmit road condition data when the sharing feature is enabled.

    What can users do with earned IOTA tokens?

    Tokens are redeemable for mobility services including tolls, parking, and EV charging, with potential future applications.

    When will this technology be commercially available?

    JLR hasn’t announced a specific rollout timeline, as the program remains in testing.

    Is this technology exclusive to Jaguar Land Rover vehicles?

    While currently being tested by JLR, the IOTA Foundation designed the system for industry-wide adoption across all vehicle brands.

    How does blockchain benefit the automotive industry?

    Blockchain enables secure data sharing between vehicles, infrastructure, and service providers while creating new tokenized mobility economies.

    Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice.

  • Is Mobile Blockchain “Mining” Technological Progress or a Free-Riding Scam?

    In our daily lives, transactions through credit cards or Alipay are recorded by centralized institutions like banks or payment platforms. Blockchain networks, however, operate differently—transactions are verified and recorded by miners. These miners bundle transactions into blocks, forming an immutable chain.

    The Mechanics of Mining

    Mining sustains blockchain networks. As an incentive, miners receive tokens (like BTC, ETH, or LTC) for their computational efforts. Essentially, miners act as mints, generating cryptocurrencies through proof-of-work (PoW) mechanisms like Bitcoin’s SHA-256 algorithm.

    👉 Discover how crypto mining compares to traditional investments

    Key Takeaways:

    • Decentralized Ledger: Unlike banks, blockchains rely on distributed consensus.
    • Token Rewards: Miners earn cryptocurrencies for validating transactions.
    • Market Stability: Mining offers a steadier ROI compared to volatile crypto trading.

    A Brief History of Mining

    1. CPU Era (2009–2010)

    • Early Bitcoin mining used basic home computers.
    • Low profitability due to minimal rewards and high electricity costs.

    2. GPU Revolution (2010–2013)

    • GPUs outperformed CPUs by 800x in hash rates.
    • Notable event: 10,000 BTC traded for two pizzas, highlighting early adoption.

    3. ASIC Dominance (2013–Present)

    • Custom-built rigs (e.g., Avalon, Antminer) rendered CPUs/GPUs obsolete.
    • Network difficulty adjusted dynamically, favoring industrial-scale operations.

    👉 Explore the evolution of mining hardware

    Mining Milestones:

    Era Hash Rate Example Hardware
    CPU 20 MHash/s Home PCs
    GPU 400 MHash/s NVIDIA GTX 1080
    ASIC 3.5 THash/s Bitmain Antminer

    Types of Mining Algorithms

    1. Proof of Work (PoW)

    • Bitcoin (SHA-256): Requires ASICs.
    • Ethereum (Ethash): GPU-friendly (transitioning to PoS).

    2. Proof of Stake (PoS)

    • Validators chosen by token holdings (e.g., Ethereum 2.0).
    • Energy-efficient but criticized for centralization risks.

    3. Hybrid Models

    • Dash: Combines PoW mining with PoS master nodes.

    Cloud Mining: Hassle-Free Participation

    Cloud platforms lease hash power to users, eliminating hardware costs. However, scams abound—always verify providers.

    The “Mobile Mining” Controversy

    Why It’s Problematic:

    1. Negligible Hash Power: Phones lack computational capacity for real mining.
    2. Data Exploitation: Apps like “NetEase Planet” harvested user data under the guise of “authorized mining.”
    3. Ponzi Schemes: Fake “mainnet launches” and worthless tokens prey on uninformed users.

    Red Flags:

    • Promises of “free coins” or guaranteed returns.
    • Requests for excessive personal data permissions.

    FAQs

    1. Is mobile mining profitable?

    No. Mobile devices lack the hardware to compete with ASICs or GPUs.

    2. What’s the difference between PoW and PoS?

    PoW rewards computational work; PoS rewards token ownership.

    3. Can cloud mining be trusted?

    Research providers thoroughly—many are scams with opaque operations.

    4. How does mining difficulty adjust?

    Blockchains like Bitcoin auto-adjust to maintain ~10-minute block times.

    5. Are there eco-friendly alternatives to PoW?

    Yes—PoS and delegated PoS (DPoS) drastically reduce energy use.

    6. What’s the future of mining?

    Post-ETH 2.0, PoS adoption may rise, but PoW will persist for coins like Bitcoin.

    Final Thoughts

    Mobile “mining” apps often disguise data harvesting or Ponzi schemes. True mining demands specialized hardware and deep technical understanding.

    Key Advice:
    – Invest time in learning blockchain fundamentals.
    – Stick to reputable mining pools or exchanges.
    – Avoid “get-rich-quick” schemes—profitability requires realistic expectations.

    👉 Learn how to start legitimate crypto mining

    Remember: In crypto, knowledge isn’t just power—it’s profit.
    “`

  • OKX Enhances Perpetual Futures Funding Fee Mechanism for Better Trading Experience

    OKX is upgrading its funding fee mechanism for perpetual futures contracts to improve efficiency and user experience. The changes will be implemented in four phases starting June 12, 2024, without altering the core funding rate calculation logic.

    Key Changes to Funding Fee Collection

    Aspect Before Update After Update
    Platform Fee Collection Funding fees were deducted only up to the liquidation threshold (100% margin level). Partial/full liquidation followed if needed. OKX will now deduct the full pending funding fee amount even if it exceeds the liquidation threshold (<100% margin level). Liquidation occurs only if balance remains insufficient.
    Isolated Margin Mode Prioritized transferable balance in cross-margin accounts (including auto-loaned crypto if enabled). Canceled isolated position orders if insufficient. Deducts only from isolated position margin. No order cancellations during collection.
    Cross Margin Modes Canceled pending orders (spot/isolated/cross) if available margin was insufficient. No order cancellations. Deducts directly from cross-margin capital, triggering liquidation only if needed.

    👉 Discover how these changes optimize your trading strategy

    Funding Fee Distribution Updates

    Mode Previous Method New Method
    Isolated Margin Added to cross-margin capital regardless of position type. Now credits directly to the isolated position’s margin balance.
    Cross Margin Distributed proportionally if collected fees were below expected. Full amount distributed during settlement. Added to cross-margin capital.

    Implementation Timeline

    Phase 1: June 12, 2024 (5 perpetual futures)

    • LINK-USD, LINK-USDT, LUNA-USDT, LUNC-USDT, SHIB-USDT

    Phase 2: June 17, 2024 (32 perpetual futures)

    Includes:
    – DOGE-USD/USDT, DOT-USD/USDT, PEPE-USDT, ETHFI-USDT, STRK-USDT

    Phase 3: June 24, 2024 (103 perpetual futures)

    Major tokens:
    – AAVE-USDT, MATIC-USDT, XRP-USD/USDT, SOL-USDT, ADA-USDT

    Phase 4: July 1, 2024 (87 perpetual futures + all remaining)

    Covers:
    – BTC-USD/USDT, ETH-USD/USDT, SOL-USD, TON-USDT, AVAX-USD/USDT

    👉 See the full list of affected futures contracts

    FAQ

    Q: Will this affect my open positions?
    A: Existing positions remain active. Changes only impact how funding fees are collected/distributed.

    Q: What happens if my margin is insufficient post-deduction?
    A: The system will attempt partial/full liquidation based on remaining collateral.

    Q: Are funding rate calculations changing?
    A: No, only the collection and distribution mechanics are being optimized.

    Q: How does this benefit traders?
    A: Reduces unnecessary order cancellations and streamlines margin management across isolated/cross positions.

    Q: Where are isolated margin fees credited now?
    A: Directly to the specific position’s margin balance instead of cross-margin capital.

    The OKX team appreciates your continued trust and is committed to delivering industry-leading trading infrastructure. All perpetual futures (including new listings) will follow the new mechanism after July 1, 2024.

  • What Was FTX? An Overview of the Exchange

    FTX was a leading centralized cryptocurrency exchange specializing in spot markets, derivatives, options, volatility products, and leveraged trading. Founded in 2018 by MIT graduate Sam Bankman-Fried, the platform quickly rose to prominence before collapsing in 2022 amid fraud allegations.

    👉 Discover how crypto exchanges work

    Key Takeaways

    • FTX was a global cryptocurrency exchange that filed for bankruptcy in 2022.
    • Founder Sam Bankman-Fried was convicted of fraud, conspiracy, and money laundering.
    • The exchange offered trading for cryptocurrencies, NFTs, derivatives, and leveraged tokens.

    FTX Operations and Management

    FTX operated two main platforms:

    1. FTX (International): Based in The Bahamas, serving non-U.S. customers.
    2. FTX US: A regulated affiliate for U.S. residents.

    Both platforms shared management, investors, and branding despite having separate capital structures. Notable investors included SoftBank, Tiger Global, and Temasek.

    Notable Partnerships

    • Sports Sponsorships: FTX Arena (Miami Heat), FTX Field (UC Berkeley).
    • Celebrity Endorsements: NBA stars Stephen Curry and Shaquille O’Neal held equity stakes.

    👉 Learn about crypto trading strategies

    FTX Security and Compliance

    FTX implemented several security measures:

    • Two-Factor Authentication (2FA): Required for withdrawals.
    • IP Whitelisting: Users could restrict transactions to specific IP addresses.
    • KYC Verification: Mandatory for full trading access.

    Despite these measures, FTX’s misuse of customer funds led to its downfall.

    FTX Products and Trading Pairs

    Key Offerings

    Product Description
    Spot Trading 100+ pairs (BTC, ETH, XRP, etc.).
    Futures Up to 20x leverage on perpetual and quarterly contracts.
    Options Calls/puts for hedging or speculation.
    Leveraged Tokens ERC-20 tokens with 3x leveraged exposure.

    FTX also supported fiat deposits in USD, EUR, GBP, and other currencies.

    FTX Fees and Limits

    • Trading Fees: 0.04%–0.07% for takers.
    • Withdrawal Fees: Free for large withdrawals (e.g., >0.01 BTC).
    • Fiat Limits: $50,000 max per 10-day period for verified users.

    FTX Collapse and Legal Fallout

    Bankruptcy and Charges

    • November 2022: FTX filed for Chapter 11 bankruptcy.
    • March 2024: Bankman-Fried sentenced to 25 years and ordered to pay $11 billion.

    Regulatory Actions

    • SEC/CFTC Lawsuits: Accused FTX of fraud and selling unregistered securities.
    • Customer Losses: Over $8 billion owed to 1 million creditors.

    FTX’s Impact on Crypto

    The collapse triggered:
    – Market Liquidity Crises: Withdrawals surged at exchanges like Crypto.com.
    – Broker Insolvencies: Genesis, BlockFi, and Celsius filed for bankruptcy.
    – Regulatory Scrutiny: Increased oversight of crypto lending and exchanges.

    FAQs

    Why Was FTX Banned in the U.S.?

    The FDIC cited misleading claims about deposit insurance, violating U.S. financial laws.

    Will FTX Customers Get Their Money Back?

    Bankruptcy proceedings aim to recover funds, but full reimbursement is unlikely.

    Could FTX Relaunch?

    The bankrupt estate may sell the FTX brand, but a revival remains uncertain.

    The Bottom Line

    FTX’s rapid rise and fall underscored risks in centralized crypto exchanges. Its legacy serves as a cautionary tale for investors and regulators alike.

    👉 Explore secure crypto trading platforms
    “`

  • SEI Price Prediction: Is Sei Crypto a Good Investment?

    Sei (SEI) is a cutting-edge Layer-1 blockchain tailored specifically for DeFi applications, offering unparalleled speed, scalability, and reliability. Designed to bridge the gap between traditional financial systems and decentralized technologies, Sei leverages its innovative architecture to provide lightning-fast transaction finality and robust security.

    👉 Discover the future of Sei (SEI) and its investment potential

    Key Metrics at a Glance

    Metric Value
    Current Price $0.28
    Market Cap $1.54B
    24h Trading Volume $894.48M
    All-Time High $1.14 (Mar 2024)

    1. Sei (SEI) Overview

    Sei is a high-performance blockchain optimized for decentralized finance (DeFi), featuring:
    – Ultra-fast transactions (390 ms finality).
    – Front-running protection for fair trading.
    – Interoperability with Cosmos and Ethereum ecosystems.
    – Optimistic parallelization for scalability.

    1.1 SEI Market Data

    Metric Value
    Circulating Supply 5.56B SEI
    Total Supply 10B SEI
    1-Month High/Low $0.2872 / $0.1588

    1.2 Unique Features

    • SeiDB: Enhances storage efficiency.
    • EVM Compatibility: Supports Ethereum-based smart contracts.
    • Native Oracles: Ensure accurate price feeds.

    2. SEI Price History Highlights

    • 2023: Debuted at $0.0079, peaked at $0.63.
    • 2024: Reached ATH of $1.14.
    • 2025: Fluctuated between $0.15–$0.45.

    3. SEI Price Predictions

    Long-Term Forecast

    Year Min Price Max Price Avg Price Growth Potential
    2025 $0.25 $1.13 $0.70 +150%
    2026 $0.48 $2.21 $1.35 +380%
    2030 $1.30 $13.60 $7.50 +2,600%
    2040 $41 $205 $120 +43,000%

    Expert Opinions:

    • DigitalCoinPrice: $0.61 by 2025 (+120%).
    • Telegaon: $13.59 by 2030 (+4,750%).

    👉 Explore SEI’s roadmap and growth catalysts

    4. Factors Influencing SEI’s Price

    • Adoption: DeFi partnerships and developer activity.
    • Regulations: Global crypto policies.
    • Competition: Vs. Solana, Sui, and Ethereum.
    • Macro Trends: Bull/bear market cycles.

    Risks vs. Opportunities

    Opportunities Risks
    DeFi specialization High competition
    Low-latency trades Regulatory uncertainty
    Cosmos interoperability Market volatility

    5. Is SEI a Good Investment?

    Pros:

    ✅ DeFi-focused innovation.
    ✅ Fast, scalable transactions.
    ✅ Strong developer ecosystem.

    Cons:

    ❌ Niche use case.
    ❌ Dependent on crypto market trends.

    Verdict: High-risk, high-reward for long-term DeFi believers.

    6. FAQs

    Q1: Will SEI reach $1?

    Yes, if adoption grows; it previously hit $1.14 in 2024.

    Q2: Can SEI surpass Solana?

    In DeFi-specific use cases, but Solana leads in general adoption.

    Q3: Where to buy SEI?

    👉 Trade SEI securely on leading platforms

    Q4: Is SEI decentralized?

    Yes, it’s a Layer-1 blockchain with no central authority.

    Q5: What’s the 2030 price target?

    Estimates range from $1.30 (conservative) to $13.60 (bullish).

    7. Conclusion

    Sei’s DeFi-first architecture positions it as a dark horse in the Layer-1 race. While short-term volatility is expected, its long-term potential hinges on broader DeFi adoption and technological execution.

    Final Tip: Diversify investments and monitor Sei’s ecosystem developments closely.