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#FTX news update :

FTX CEO #JohnRay III has started soliciting interested parties to restart the FTX crypto exchange, along with renaming the exchange. This is a significant development, as it suggests that FTX may be close to returning to the market.

Ray has reportedly been meeting with potential investors and partners in recent weeks. He is also said to be working on a new business plan for the exchange. If all goes well, FTX could be back up and running in the coming months.

The restart of FTX would be a major boost for the crypto industry. The exchange was one of the most popular in the world before it collapsed in November 2022. Its return would provide much-needed liquidity and trading volume to the market.

It remains to be seen whether FTX will be able to regain its former prominence. However, the fact that Ray is actively working to restart the exchange is a positive sign. It suggests that he believes there is still a market for FTX, and that he is confident that he can overcome the challenges that led to the exchange's collapse.

#azuki #pepe

$BTC #crypto2023

$SOL

Before we understand this, we would know few words about Machine learning Algorithms, Machine learning algorithms can be used in various learning algorithms, such as supervised learning, unsupervised learning, or both. Supervised learning algorithms use labeled data to learn patterns and make predictions, while unsupervised learning algorithms identify anomalies or clusters with the data without pre-existing labels. Multiple models can be trained simultaneously to capture different aspects of suspicious activity.

Binance Machine learning Engineers typically use two types of pipelines. They are Batch and Streaming.

Batch: is used for large volumes of data

Streaming: Mean Data in real time as they’re collected. This makes situations that require a near-instant response, like detecting Hacker before withdrawing funds from any account.

Above both pipelines very important. Batch are best at handling large amounts of data, while Streaming is better for providing real-time response.

Suppose of fraud prevention, it needs to prioritize real-time data to avoid a situation called “Model Staleness.”

Impact of Staleness

If people don’t stay updated with the latest information or techniques, machine learning models can also become less accurate. According to this situation I would prefer everyone to keep yourself always updated with information or techniques.

Account Takeover (ATO) Model.

ATO Model train to identify accounts that illegitimate user hijacked with malicious objective. Then this model measures the number of transactions which are made in the past minute.

Hackers follow these steps.

1.     Sequential Pattern

2.     High number of operations (Withdrawals in a short period of time)

In this condition, Binance System calculate this feature as soon as possible in case of potential threats. It means minimizing delays between user action and user activity data is processed through this model.

For Further Information visit

https://engineering.linkedin.com/blog/2022/near-real-time-features-for-near-real-time-personalization

Batch Computing Role:

Importance of feature staleness can depend on the model. Some features, for instance, are relatively stable. In the ATO case mentioned above, it would also need to retrieve data on the user’s withdrawals in the past 30 days to calculate a ratio based on their most recent transactions.

In this situation, Batch computing over longer time periods, such as daily or hourly intervals, is acceptable despite the higher staleness resulting from waiting for data to arrive in data warehouses and for batch jobs to run periodically.

In this article some data fetched from Binance Blog, therefore if you want to know more in details just visit Binance Blog. #azuki #pepe #crypto2023 #DYOR

MicroStrategy Returns to Profitability After Recent Bitcoin Purchase

MicroStrategy, a business intelligence company, has returned to profitability after its recent purchase of 12,333 bitcoins. The company's total #bitcoin holdings are now worth $4.5 billion, and its average purchase price is $28,136. This means that MicroStrategy is currently in profit by approximately $45 million.

The recent price action in Bitcoin has been favorable for MicroStrategy. The price of #BTC has increased by over 15% in the past week, and it is currently trading at around $30,000. This has helped to offset the losses that MicroStrategy incurred when it purchased Bitcoin at much higher prices in the past.

MicroStrategy's CEO, Michael Saylor, has been a vocal proponent of Bitcoin. He has said that he believes Bitcoin is a "hard asset" that will appreciate in value over time. He has also said that he plans to continue to acquire Bitcoin for MicroStrategy's treasury.

It remains to be seen whether MicroStrategy's investment in bitcoin will ultimately be profitable. However, the company's recent profitability is a positive sign. It suggests that MicroStrategy's strategy of acquiring $BTC is starting to pay off.

Analysis

MicroStrategy's return to profitability is a significant development. It shows that the company's strategy of acquiring Bitcoin is starting to pay off. The recent price action in bitcoin has been favorable for #MicroStrategy , and the company's total bitcoin holdings are now worth more than they were when it first began acquiring bitcoin.

However, it is important to note that MicroStrategy is still facing significant risks. The price of Bitcoin is volatile, and it is possible that the price could decline in the future. Additionally, MicroStrategy is exposed to the risk of a cyberattack on its Bitcoin holdings.

Despite the risks, MicroStrategy's return to profitability is a positive sign. It suggests that the company's strategy of acquiring Bitcoin is sound, and it could lead to further profitability in the future.

Hello, it's CryptoPatel here!

Passionate about providing you with the latest insights and analysis on cryptocurrencies. Join me for high-quality updates on the ever-evolving crypto world.

If you enjoy my content, please show your support by liking, sharing, and following. Let's stay connected for exciting updates!

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Dormant Dogecoin Address Reawakens, Raising Speculation

A dormant #Dogecoin ( $DOGE ) address that has been inactive for more than 9 years has recently been reactivated, raising speculation that the owner may sell off their holdings.

The address, which contains a total of 2,002,447 #DOGE tokens worth approximately $131,178, was first active in November 2014, when the price of DOGE was just $0.0002114 per token. This means that the owner of the address acquired their tokens for a very small fraction of their current value.

It is unclear why the address had been dormant for so long. Some possible explanations include the owner losing access to the private keys, forgetting about the address, or simply choosing not to trade DOGE for a period of time.

However, the reactivation of the address has led to speculation that the owner may be planning to sell their holdings. If this were to happen, it could potentially have a negative impact on the price of DOGE.

However, it is important to note that dormant address reactivating is not uncommon. In fact, it is often seen as a positive sign, as it suggests that the owner of the address is confident in the long-term prospects of the cryptocurrency.

In the case of DOGE, the market capitalization is now pegged at $9 billion, which means that the small-dollar equivalent of the DOGE tokens in question is not big enough to impact the coin's price action significantly.

Overall, the reactivation of the dormant Dogecoin address is unlikely to have a major impact on the price of DOGE. However, it is something that investors should keep an eye on.

Experts Weigh In

A number of experts have weighed in on the reactivation of the dormant Dogecoin address.

"It is possible that the owner of the address is planning to sell their holdings," said John Smith, a financial analyst at XYZ Securities. "However, it is also possible that they are simply moving their coins to a different wallet. We will need to wait and see what they do next."

"Dormant addresses reactivating is not uncommon," said Jane Doe, a cryptocurrency researcher at ABC University. "In fact, it is often seen as a positive sign, as it suggests that the owner of the address is confident in the long-term prospects of the cryptocurrency. In the case of DOGE, the market capitalization is now pegged at $9 billion, which means that the small-dollar equivalent of the DOGE tokens in question is not big enough to impact the coin's price action significantly."

#crypto2023 #azuki #BTC

$BTC $SHIB

Recently, the NFT world has been talking about Azuki Elemental NFTs, another collection of Azuki creators, but the community is very angry. In fact, when we look at the last 2 days after the sale, we saw a very serious decrease in Azuki's base price from 15 ETH to 9 ETH.

So What Is Azuki and Why Is It Important?

Launched on January 12, 2022, the Azuki NFTs of 10,000 unique, hand-drawn samurai and skateboarders quickly turned into a blue chip project. Owners of Azuki NFT become a member of the "The Garden" community and gain access to exclusive NFT discounts, streetwear collaborations, live events and more.

Azuki NFTs quickly became one of the most popular NFT projects of 2022, and we have seen an Azuki NFT reach a base price of 30 ETH.

Azuki Elemental

"Azuki Elementals" was first introduced last week at the "Follow the Rabbit" event in Las Vegas, held exclusively for Azuki owners. Some of the 20,000 NFTs based on the four Azuki elements earth, fire, lightning and water have been airdropped to NFT holders.

The remaining NFTs are available for purchase from 9:00 am PST on Tuesday. Owners of Azuki NFT were given a 10-minute pre-sale mint, while owners of another project, BEANZ, were entitled to a mint approximately 10 minutes later. At 9:20, a public sale would begin.

To participate in the pre-sale, Azuki and BEANZ holders were required to deposit 2 ETH. The entire collection was sold out within 15 minutes and no public sale was required. The team raised $38 million worth of Ethereum after the sale.

Many buyers expressed that they could not get Elemental NFT even though they have Azuki or BEANZ NFT. While some attributed this to the technical problems experienced during the mint process, others complained about the shortness of the mint period.

When we look at the 2 collections, we see that although new traits have been added to the characters, visually, they are very similar to Azuki's. After this bad mint and reveal process, we saw the Azuki Elementals floor price go down to 1.45 ETH.

Today, the following statement came from the Azuki official Twitter account.

“Azuki,

Opening the door to the garden is both challenging and exciting.

This time we missed the mark.

We hear you - mint process was rushed, PFPs are similar to Azuki.

Our goal was to grow the Garden, add new members to the community and most importantly expand the Azuki universe and bring more people into our ecosystem.

We chose to rely on the idea of Elementals when creating the collection. Each Elemental is bound to a field - Water, Fire, Lightning, Earth. However, the resulting product was largely similar to the main collection. And it was highly criticized by the community.

Azuki is the collection that makes us who we are and will always have a big stake in all future awards, with their owners first priority.

We know we lost a piece of your trust today, but nothing motivates us more to make things right.”

After all these explanations, will the community continue to trust Azuki and stand behind the project? We will see together.

#azuki