![]() Market outperformers include NMR, UFT, and AMP, up by 86%, 47%, and 25%, respectively.Top stories of the day:Binance Taps Khaby Lame of TikTok Fame as Brand AmbassadorBinance announced on Thursday that it has partnered with Khaby Lame, the Italian Senegalese creator who grew to fame through his viral TikTok videos, to be a global brand ambassador.NFT Sales Volume up by 0.67% in 24hBTC price falls below $19.3k, down over 3% in 24 hoursDeFi Data: Total Value Locked is down by 3.48% in 24hToday's Fear & Greed Index is 11, the level is Extreme FearMessari Research: DCG’s Barry Silbert Wins from SEC ETF stalemate, but Investors LoseMarket Selloffs Lead to Rising Inflows of USDC: Circle CEONorth Korean Hackers Reportedly Behind the $100 Million Harmony ExploitEU Passes A Bill to Trace the Flow of Bitcoin & Crypto Assets In Regulatory Tightening MeasuresOpenSea Reports Email Data BreachGenesis Faces ‘Hundreds of Millions’ in Losses as 3AC Exposure Swamps Crypto Lenders: SourcesSEC Rejects Grayscale’s Spot Bitcoin ETF ApplicationMarket movers:LUNA: $2.0646 (-17.99%)ETH: $1018.74 (-8.74%)BNB: $212.3 (-3.81%)XRP: $0.3255 (-2.02%)ADA: $0.4444 (-5.29%)SOL: $31.98 (-7.17%)DOGE: $0.0641 (-8.39%)DOT: $6.8 (-4.76%)TRX: $0.06335 (-2.46%)SHIB: $0.00001005 (-4.01%)Top gainers on Binance:NMR/BUSD (+86%)UFT/BUSD (+47%)AMP/BUSD (+25%) As of 08:00 PM (UTC) today, BTC is trading at $18,892, down by -6.48%.Most major cryptocurrencies by market cap are trading lower. The global cryptocurrency market cap now stands at $0.85T, down by -5.24% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $18,746 and $20,408 over the past 24 hours. By decentralizing transaction insurance, AMP eliminates third parties, such as merchant settlement, from consumer-to-business payments. AMP can be considered a form of transaction insurance that uses collateralized AMP to offset losses incurred by counterparties should a transaction fail. ![]() The open-source nature of AMP makes it possible for developers to use AMP technology to create secure transfer and collateralization platforms or applications. Once a transaction is verified, collateral is automatically released to the counter-parties. Payments made with AMP through the Flexa network are collateralized via a staking process, supported by smart contracts that lock assets until transactions are verified. AMP can be used to secure virtually any kind of asset transacted between parties, including fiat currency, property sale proceeds, loan distributions, and digital payments. AMP price is updated on Binance in real time.ĪMP can be collateralized with assets such as Bitcoin (BTC) or Ethereum (ETH), then used to make payments via Flexa instantaneously. As Flexa’s exclusive collateral token, AMP is used to minimize risk between counter-parties in transactions and facilitate crypto-collateralized payments at virtually any retail or online location. AMP is an ERC-20 token used to collateralize payments on the Flexa asset transfer network.
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