Every person who came into the world of cryptocurrencies has heard about listing more than once, and many experienced traders are concerned about this event. Listing is associated with something pleasant where one sees an opportunity to make money, but also in the aftermath most may experience otherwise.

Therefore, in this article I would like to analyze with you the main points of cryptocurrency listing, where everyone will make a conclusion about the usefulness of this procedure.

What is listing?

Listing is the process of adding a cryptocurrency to an exchange for traders, investors of this or that cryptocurrency to access the trading instrument. The crypto market is evolving every day and the number of cryptocurrencies is growing before our eyes and the first thing creators face is competition. Listing helps a project get more attention from both investors and holders. Also the liquidity of token increases and the more sites listed the project, the higher the credibility, further success and respectively the capitalization through which the project will develop increasing the value of its asset.

The effects of a listing on crypto

Often before a listing on a major exchange, the price begins to react not at the time of trading, but when news of the listing appears.

We will now take you through an example of how this works:

Let's break down a funny situation as news of XRP's listing on Coinbase Pro came out on Twitter. On September 10, the popular Twitter account Whalebot Executive posted a message about an XRP listing on Coinbase Pro but then deleted it after denying it was factually incorrect. The situation is amusing, of course, but we only look at how the listing affects crypto.

So that was the reaction to the listing news and its rebuttal. This situation looks more like manipulation, there are plenty of such examples, but this one once again confirms how the news about the listing works, as well as the reaction about bad news. The cryptocurrency market is a high-risk and very manipulative type of trade remember that.

#crypto2023

It's very good that arbitrum made the stigma completely on-chain, without any signatures or merkleProofs.

For example on HashFlow there was a signature and their server was down for half an hour, and Optimism did merkleProof and was also very laggy. But it's too bad we don't have gazvar on the network. Having sent a transaction with a good MaxBid and a limit, you still have nothing to do but wait.

There is a FIFO system here - First In, First Out. That is, you can not affect the acceleration in any way

And the main problem that worries me the most is that with high block limits, I could not find a really heavy block, at least with a 10,000,000 limit, while searching through the scanner.

* The stigma transaction itself consumes about 400,000,000 limit, if the block is still only scored at 2-3 million, it will take a very long time to stigma, as 1 block will only hold 5-7 stigmas.

Consider this option:

1 block is ~ 1 second and holds 5-7 transactions, take 6 (3,000,000/400,000)

Total claymores - 600k+ 600,000 / (1 * 6) = 100,000 seconds = 27 hours, 46 minutes But I think all the same will not be and the block will obviously weigh a lot more.

For example, if we take BNBChain as an example, a block holds 120 million. 1 block is ~ 1 second and contains 300 transactions, let's take 6 (120,000,000/400,000) 600,000 / (1 * 300) = 2,000 seconds = 33 minutes

Too big limit in a block is also difficult for me to imagine, because then many nodes may lie, because all this limit - is calculated exactly on them and makes the CPU load

Also, do not forget that after each loaded block, baseFee increases. Therefore, if in the beginning it may be 3 guay, then at the end and all 100 (and here's a commission as in the air)

Results

I hope with this post I was able to open your eyes and now you have an idea of what to expect. The $ARB stigma is a real stress test for the network and there has never been such a stress before.

Also I expect a lot of rooflins about how during the branding the commission in Arbitrum may be higher than in Ethereum, or that the blockchain is down (but in fact the transaction is just in the queue).

If this whole story with block limits is a myth and they really can be that big and nodes can handle it all, then the stigma will go very quickly and pleasantly for all users.

#arbitrum

This is probably the most joyful event for the entire CIS over the last year, because according to our senses it was you and I who received almost all tokens from airdrop (I think for sure >50% of the suply).

- Why?

- Overseas, people aren't very smart about multi-accounts, and in general it's not a norm to abuzz something there.

- Add to that the fact that there are no channels/sources for anddrop on eng-audience

- And most importantly, there's a super small maximum reward of 18,000 tokens per account * Whatever whale you are, you won't get much (compared to $BLUR or $HFT)

Arbitrum is an EVM network, it can be added to Metamask and in general its interaction with it is almost the same as its big brother, Ethereum

However, it has a few features that completely change the course of stigma:

No mempool - you can't see current transactions that are not yet in the block and have been sent recently. / For this reason there is no how-to frontrunner and other MEV stuff here.

No GasPrice - You can't put GasPrice above others to have your transaction processed faster than others. / All you are allowed to do is put a MaxBid for GasPrice, in the end everyone on the block will have the same commission.

Non-Static Gas Limit - Depending on GasPrice in Ethereum, GasLimit in Arbitrum changes. / In all popular networks, the native coin transfer is a 21,000 limit. In Arbitrum, even such a transfer always consumes a different amount of gas.

Very fast and large blocks - a block lasts ~1 second, and its limit is more than a trillion gas (for comparison, on the air - 30 million) / However, although the block has such a large limit, I could not find a really large block. Even during periods of heavy load, the block only consumed a couple million

Problems that can occur

Okay, we've covered the technical stuff, now let's break down what problems you might have with tokenization:

Public nodes will be very slow - There aren't many of them in general, and the requests and peaks will just be very heavy. / It might be worth buying a custom Noda, raise your own if you want to reassure yourself 2

Low MaxBid - You sent a transaction with low maxGasPrice and baseFee went to the moon fast and now you have to wait/accelerate the transaction / And all this acceleration and just pending is still a bunch of each Metamask's requests to nodes :) 3

Low GasLimit - Generally a minor problem, but possible. / If your transaction takes a long time to process, and GasPrice in Ethereum goes up, the limit may no longer be enough to process the transaction

#arbitrum

According to Glassnode service, the price of BTC rose by 35.8% in the past week, which is the fifth case in history. Previously, a similar phenomenon was observed in 2015, 2017, 2019 and 2021, and in four out of five cases such growth occurred already on the bull, and only in 2015 this performance was the beginning of an uptrend.

#bitcoin

- He recommends not lending money to customers to make money from it, let venture capitalists do it.

- If there isn't enough income, you can charge a small fee for your services, such as facilitating transactions.

- If the cost of transactions is too high, you can use blockchain technology to lower your costs.

#crypto2023

Yesterday, Polymarket's forcast market, which has a "Will Arbitrum token drop by March 31, 2023" bet, saw a dramatic change:

As of this morning - participants were betting 60% on the "Won't" option and 38% on the "Will Drop" option, but massive market buying changed that ratio: As of 8am YES - 70%, NO - 30%, now settled YES - 63%, NO - 42%.

Do insiders know anything? What causes the change in airdrop prediction sentiment?

Rumors about airdrop started massively spread by influencers, Brainless (i.e. Bankless) funder wrote: "have a good rest, tomorrow is a big day, listen to your mom and dad".

But everything was a bit simpler: Cobie Influencer, seeing the dynamics of Yes token purchases, decided to add fuel to the fire and together with his colleagues spread a rumor about the soonest drop, which caused a wave of speculation, describing the information spreading method this way:

"The trick is to write about airdrop every time someone makes a mass buy in the March forecast market. I've been wrong 5 times, but in the end I'll be right, and everyone will forget about the other cases."

#cryptonews

A couple of minutes ago, an article came out on Coindesk stating that: Arbitrum token drop will take place on March 23

"The Arbitrum DAO will have control over key decisions at the core protocol level, from how blockchain technology is upgraded to how revenue from the blockchain can be used to support the ecosystem," the Arbitrum Foundation said in a statement.

Sappley will be 10 billion tokens. The Arbitrum community will control 56% of those tokens. The remaining 44% of ARB is allocated to investors and employees of Offchain Labs, the development firm that built Arbitrum.

Airdrop is allocated 11.5% of the sapplay for users and 1.1% DAO for developers who work in the Arbitrum ecosystem. The rest of the community tokens will go to the treasury.

#drop

The Fed, the main financial regulator in the U.S., will launch FedNow instant payment system in July. The central bank said in a statement.

"As the launch nears, we urge financial institutions and their industry partners to accelerate preparations for FedNow's service rollout."

Some experts believe the new system will be preparation for the introduction of the CBDC digital dollar.

#crypto2023

SEC Chairman Gary Gensler again voiced the opinion that all proof-of-stake tokens are legally securities:

"These protocols are often developed by a small group of entrepreneurs and programmers. I would suggest that each of these token operators ... must comply with compliance. The same goes for intermediaries."

#cryptonews

Highlights

GPT-4 supports image and text input, while GPT-3.5 only accepts text.

The GPT-4 has performed comparable to humans in a variety of professional and study tests. For example, it passed the bar exam, placing in the top 10% of test takers.

OpenAI spent 6 months testing and configuring GPT-4. In simple chat the difference between GPT-3.5 and GPT-4 is not so noticeable, but on more complex tasks it becomes apparent. GPT-4 is more robust and creative than GPT-3.5, and can handle more complex and intricate requests as well as complex images. However, OpenAI admits that GPT-4 is not perfect, and it still has problems with fact checking, reasoning, and overconfidence.

An active subscription to ChatGPT Plus ($20) will be required to use the new version of GPT-4 now. OpenAI plans to eventually introduce a paid subscription for those who use the system in large volumes, but hopes to leave some free queries for regular users.

Features and examples of how to use the new model

Over the past two years, the team has redesigned the entire deep learning stack and partnered with Azure to build a supercomputer from the ground up. A year ago, OpenAI trained GPT-3.5 as the first "test run" of the entire system, including finding and fixing several bugs and improving the previous base. The result is GPT-4, which runs stable and is the first major model whose training effectiveness can be accurately predicted in advance.

GPT-3.5 and GPT-4 differ slightly in simple queries. The difference is seen in complex tasks that require creativity, reliability, and maximum response detail. For example, solving tests and olympic tasks. The green bars on the graph indicate how much better the new model performs:

The table below shows the points the GPT-4 scored in the various American tests. The small print indicates the top percentile scores. Of particular interest was the math section of the SAT Math exam, which includes problems in algebra and geometry, including those requiring theoretical knowledge of set functions and number modulus, as well as knowledge of equations containing radicals, degrees and functions. GPT-4 scored 700 out of 800 and was in the top 11% of those taking this test. And the AI did not specifically train to take the SAT tests:

The developers also tested how the AI handles different languages. They tested 26 languages. English was obviously the most understandable language for ChatGPT with a score of 85.5%, Italian came second with 84.1%, Russian had a relative rating of 82.7%, Thai with 71.8%, and Telugu (one of the Indian languages) with 62% - the minimum of those tested:

Visual input

GPT-4 now understands not only text, but also images: documents with text and photos, diagrams, screenshots and more.

In this picture, the AI correctly recognized that the iPhone charging wire is "stylized" to look like the old VGA connector, and that it all looks like a "gimmick for the oldies":

From this picture, the AI calmly extracted data and added up meat consumption in Georgia and West Asia:

The AI also solved and described in detail a physics problem written in French:

Made a squeeze out of a complicated manual:

Risks and mitigation measures

The team is strengthening the security of GPT-4 through screening and filtering the data before training. Experts were hired to test high-risk queries. Feedback and data from experts in these areas were used to improve the model. For example, the team worked to have GPT-4 reject queries such as "synthesizing hazardous chemicals."

Compared to GPT-3.5, developers reduced GPT-4's propensity to respond to requests for illegal content by 82%, while increasing the response rate to confidential requests (such as medical advice and self-harm) by 29%, according to OpenAI policy.

Overall, team interventions have reduced dangerous requests, but there are still situations where users break the algorithm and access dangerous content. Since the risks associated with artificial intelligence are constantly increasing, it becomes necessary to achieve a high degree of reliability in such situations.

It is likely that GPT-4 and subsequent models will have both positive and negative effects on society. The team is engaging outside researchers to assess the potential impact at this stage and in the future.

Two days ago, another DeFi lending protocol of Euler was hacked by a hacker.

He managed to withdraw almost $200 million and is now laundering funds through Tornado Cash, and Euler can do nothing about it.

The desperate developers offered him a reward of $20 million if he returned the remaining 90% of the funds... But the hacker ignored them. Now Euler is offering a million for information about the identity of the criminal.

Years pass, and the vulnerabilities that allow attackers to take unsecured loans remain. Interestingly, Euler conducted several security audits, but they did not find such a trivial vulnerability

#crypto2023

Coinbase director Conor Grogan tested an active Ethereum contract via GPT-4. The chatbot identified a number of security vulnerabilities and pointed out areas where this contract could be exploited.

This smart contract had previously been hacked in 2018 with exploits, which ChatGPT accurately pointed out.

Grogan added that "AI will eventually help make smart contracts more secure and easier to create."

#cryptonews

PeopleDAO, a decentralized autonomous organization created to buy a copy of the U.S. Constitution, lost 76.5 ETH due to a mistake by the chief accountant who accidentally sent a link to a Google Table with monthly payments to participants (with editing rights) to an open channel on the project's Discord server.

Since the link provided editing rights to the document, the attacker inserted his address and payment amount into it, and then made the line invisible. The incident happened on March 6, PeopleDAO representatives reported it five days later on the project's Twitter.

#crypto2023

Binance is returning the standard trading fee for all trading pairs (BTC/USDT, BTC/BUSD, and others) starting March 22.

However, it will extend the zero commission for bitcoin trading only to the BTC/TUSD pair (beneficial for those who want to take a certain amount of bitcoin and save money).

It seems that the exchange is gradually starting to replace BUSD with TUSD and encourages users with favorable conditions.

#cryptonews

Hello,🇺🇸 U.S. inflation slowed to 6%, Bitcoin climbed above $26,000.

Tether printed 2 billion USDT.

Circle's CEO announced that the USDC stabelcoin issuer has accessed its deposits at Silicon Valley Bank ($3.3 billion).

Circle, the issuer of the second most capitalized USD Coin Stablecoin (USDC), has asked the U.S. Congress to regulate the "stable coin" market as soon as possible.

The Securities and Exchange Commission (SEC) requested a budget of $2.44 billion for 2024 - up from $2.15 billion in 2023.

The European Parliament voted for legislation affecting the regulation of smart contracts.

#crypto2023

Now that the situation with the USDC has been more or less resolved, journalists from the WSJ and Bloomberg are trying to analyze what happened. And a strange picture emerges.

Everyone ran away from the USDC because they had enough information about its collateral - investors knew that the money was in a troubled bank. But the paradox is that everyone ran to USDT.

The fact that no one knows exactly where Tether's money is plays into its hands - USDT has FUD protection because the stable's reserves are shrouded in secrecy.

So, today Tether has printed another 2 billion USDT, and meanwhile, USDC's capitalization has fallen by $4 billion since the beginning of the crisis - people still don't return to USDC! Although USDC is still the most regulated stablecoin In short, everyone just really hopes that USDT will not turn into a pumpkin

#cryptonews

The Fed is the United States Federal Reserve System, which is the central bank of the United States. It was established in 1913, and its main purpose is to ensure price stability and the stability of the US financial system.

The Fed has broad powers to regulate monetary policy, including setting interest rates and controlling the money supply.

The Fed performs a number of functions, including issuing money, controlling the money supply, setting interest rates, managing financial markets and the banking sector. It also works closely with other central banks around the world.

The Fed is made up of 12 regional banks that serve different regions of the US. In addition, the Fed has a supreme governing body, the Federal Reserve Board, which consists of seven members appointed by the US President and confirmed by the Senate.

How does the FRS affect the cryptocurrency market?

The FRS has influence on the cryptocurrency market in several ways.

First, the Fed can influence cryptocurrency prices through changes in interest rates. If the Fed raises interest rates, it may reduce demand for cryptocurrencies, as investors may prefer higher returns from safer investments such as bonds or deposits. At the same time, lower interest rates could increase demand for cryptocurrencies, as they may become more attractive to investors in search of high returns.

Second, the Fed can influence the price of cryptocurrencies through its monetary policy. For example, if the Fed expands the money supply, it can lead to inflation and therefore reduce the purchasing power of the U.S. dollar. This can lead to an increased demand for cryptocurrencies, as they can become an alternative to the U.S. dollar.

Finally, the Fed can influence the cryptocurrency market through its regulation. For example, if the Fed imposes new rules and requirements on cryptocurrency companies and exchanges, it could affect their ability to function and adjust to the new requirements. This, in turn, could lead to changes in cryptocurrency prices and demand.

But it is worth noting that cryptocurrencies are a relatively new asset, and their prices and demand for them can be affected by many factors, not just from the FRS.

#cryptonews

Today at 14:30, the US inflation data will be released, which often causes the market to react with increased volatility.

Last month's figure was 6.4%, and this month's forecast is 6.0%. For the positive, less than 6.0% is desirable. Keep in mind that the market grew on rumors of a soft Fed policy.

Such measures are just a pretext for manipulation, because high inflation and bank failures have always been the main idea behind Bitcoin's creation.

#cryptonews

The federal government / FDIC actions have led to a massive attack on regional banks by shorts.

The market is betting that the collapse of Silicon Valley Bank could spread financial contagion throughout the sector, and the government would be unable to stop the looming bancruncheon.

After all, by its later actions, the government has said: yes, we will reimburse users, but bondholders and shareholders of such banks will be rolling in a big red grate, so the shorts have decided to help the government out a bit on this one: Stock dynamics for today:

1. Western Alliance, $WAL: -75%

2. First Republic, $FRC: -65%

3. Zions Bancorp, $ZION: -43%.

4. PacWest, $PAC: -41%.

5. Comerica, $CMA: -33%.

6. Fifth Third, $FITB: -20%

#cryptonews