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The top two most invested ETFs are:

• iShares Core S&P 500 ETF (IVV): This fund received $13 billion in inflows and manages $428 billion in assets.
• Vanguard 500 Index Fund ETF (VOO): Received $11.1 billion in inflows and manages $398 billion in total assets.

It can also be said that the Bitcoin chart has been squeezed into a narrow range in the last day and that Ethereum has started to rise.

In addition, Hedera Hashgraph (HBAR) announced that it has signed a 5-year agreement by announcing a partnership in Saudi Arabia. According to this agreement, a studio worth approximately $250 million will be established in the country in the fields of Web3, AI and Blockchain technologies.

B2C2, a Liquidity Provider, has received regulatory approval from Luxembourg as a VASP (Virtual Asset Service Provider) aiming to further develop in Europe. With this approval, B2C2 will provide cryptocurrency services to its corporate clients via the OTC method.

Finally, we can give the news that Monero (XMR) was shaken by the Binance delist news. XMR, the pioneer of privacy tokens, fell below its lowest level of the last 2 years after this bad news.

The post BlackRock Bitcoin ETF Attracts Serious Investors appeared first on Coin Engineer.

• ANT/BTC
• ANT/USDT
• MULTI/USDT
• USDT/VAI
• XMR/BNB
• XMR/BTC
• XMR/ETH
• XMR/USDT

After trading is stopped for each specific trading pair, all open orders will be automatically canceled.

Once the delisting is complete, you will need to make sure that the “Hide Small Balances” feature is disabled in all of your wallets to be able to see your assets in full.

Deposits made after February 21, 2024, 03:00 (UTC) for the ANT/BTC, ANT/USDT, MULTI/USDT, USDT/VAI, XMR/BNB, XMR/BTC, XMR/ETH, and XMR/USDT trading pairs will not be reflected in your account. Withdrawals of these tokens from Binance will not be possible after May 20, 2024, 03:00 (UTC).

These delisted tokens may be converted to stablecoins depending on the situation after May 21, 2024, 03:00 (UTC). However, do not assume that this conversion is guaranteed. An additional announcement will be made in advance of the conversion if applicable, and the stablecoins will be credited to users’ Binance accounts after the conversion is complete.

Binance Simple Earn will start delisting the mentioned tokens from Flexible Products on February 19, 2024, 03:00 (UTC). Users may choose to redeem their Flexible Products in advance; otherwise, these Flexible Products will be automatically redeemed on the specified date and then transferred to users’ Spot Wallets.

The post Binance Announces Delisting of These Altcoins! appeared first on Coin Engineer.

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In its watchlist published on January 4, 2024, Binance announced that it has added Aragon (ANT), Firo (FIRO), Keep3rV1 (KP3R), Mdex (MDX), MobileCoin (MOB), Reef (REEF), Vai (VAI), Monero (XMR), Zcash (ZEC), and Horizen (ZEN). With the addition of these 10 new altcoins, the number of assets on the watchlist has increased from 23 to 33.

The cryptocurrency exchange also announced that it has removed GMX (GMX) and SushiSwap (SUSHI) from the watchlist.

What is the Binance Watchlist? What risks await assets on this list?

Altcoins included in Binance’s watchlist are more volatile and carry more risk than other altcoins. These altcoins are reviewed and monitored regularly by Binance. It is stated that the altcoins on the watchlist no longer meet the listing requirements on the exchange and that these assets are at risk of being delisted.

Users who trade with assets on the list are required to pass the tests directed to them every 90 days and accept the conditions. The tests are conducted to determine whether users are aware of the risks before trading with assets on the watchlist.

Here are some of the risks that await altcoins on Binance’s watchlist:

• Higher volatility: Altcoins on the watchlist are more likely to experience sharp price swings than other altcoins. This can lead to significant losses for investors.
• Less liquidity: Altcoins on the watchlist are less liquid than other altcoins. This means that it may be more difficult to buy or sell them at a fair price.
• Risk of delisting: Binance may delist altcoins from the watchlist if they no longer meet the exchange’s listing requirements. This would make it impossible to trade these assets on Binance.

Investors should carefully consider the risks before trading altcoins on Binance’s watchlist.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Binance Adds 10 New Altcoins to Watchlist! appeared first on Coin Engineer.

The attacker executed nine different transactions successful in zeroing the balance of the Monero CCS Wallet.

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Moonstone Research undertook the task of exploring how the attacker moved these funds. The security company’s analysis revealed some interesting results. Additionally they were able to track three of the attacker’s transfers with certainty. Also 2 months after the attack, XMR developer Luigi, one of the two people who had access to the wallet seed phrase, declared on GitHub that the wallet had been completely emptied. According to Luigi, he noticed this situation a month after the theft.

The other person with access was former Monero (XMR) developer, known as “fluffypony”, Ricardo Spagni. He surrendered to US authorities for extradition to South Africa in July 2023 and was accused here of invoice fraud against a biscuit company.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Monero (XMR) Community Funding Wallet Stolen! appeared first on Coin Engineer.

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Bitcoin emerged a few weeks after the Emergency Economic Stability Act in the USA in October 2008 prevented the collapse of the financial system. This serves as a peer-to-peer electronic cash system, based on cryptographic proof, where participants can interact directly without the need for a reliable third party. Investors can use Bitcoin for the first time to transfer money directly and securely. For example, any network participant can verify and resolve transactions at a reasonable cost thanks to the intelligent combination of cryptography. However, we should not forget that he does it using the Bitcoin blockchain.

What is the Purpose of Cryptocurrencies?

Why Do We Need Crypto? We should deeply know the purpose of the crypto we research without asking these questions. Cryptography is used to create cryptocurrencies. Also, these assets are protected by mathematical algorithms.

Debt is a process that creates traditional fiat currencies; therefore, the numbers in your accounts essentially represent an obligation. This is a kind of collateral system. However, nobody can buy cryptocurrencies utilizing debt. Instead, cryptos have their own value and represent this value.

Cryptocurrencies aim to keep individuals in control and responsible for their assets. Therefore, Bitcoin, a non-permissive payment method, is a stand against the influence of banks and governments on citizens’ financial activities.

Another example is Monero. XMR is an untraceable, safe, and private cryptocurrency. It is an open-source software that everyone can use. With Monero, you would become your financial institution, your financial situation would be under your control and responsibility.

If you are still thinking about whether there is a need for cryptocurrency, remember the serious shocks caused by the collapse of the over-leveraged dollar equivalent product of the global finance market. However, the emergence of blockchains like Ethereum causes faster transactions, unlike traditional banks.

Can Crypto Replace Banknotes?

Both fiat currencies and cryptocurrencies do not have a natural value. Their values ​​are derived from the trust users have in central banks for fiat currencies, while for cryptocurrencies, the blockchain technology and the verified consensus.

While centralized authorities control fiat currencies, cryptocurrency transactions have a decentralized structure. Many organizations like JP Morgan are researching to understand the importance of digital assets in the commercial world. In addition, countries like El Salvador have adopted Bitcoin as a legal payment method. However, it is hard to predict when crypto will fully replace fiat currencies.

Moreover, maintaining the balance of both central and decentralized money systems is crucial for the success of the transition from fiat currencies to cryptocurrencies. According to Deutsche Bank’s 2030 forecast, blockchain, technologies that support unlimited decentralized access to fiat currencies and digital currencies will add value.

However, the adoption speed of blockchain technology shows that phasing out the old physical wallet and storing all the money securely on a blockchain ledger could take ten years or less.

In the comment section, you can freely share your thoughts and comments about the topic. Additionally, please don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news.

The post Why Do We Need Crypto? appeared first on Coin Engineer.