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Cryptocurrencies/Coins/Vega Protocol (VEGA)
Vega Protocol price, market cap on Coin360 heatmap

Vega Protocol(VEGA)

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$0.489593
(-1.34%)
0.00000714 BTC
Market Cap (Rank#701)
$30,083,847
438.869 BTC
Vol 24h
$221,985
3.238362 BTC
Circulating Supply
61,446,699.25
Max Supply
64,999,723
8h agonulltx
BlockDAG’s Global Triumph Surpasses XRP Price & Kaspa Killer
BlockDAG’s Rally from Japan to Piccadilly Circus Sparks 800% Price Surge, Exceeding XRP Price Targets & Shining as Kaspa Killer BlockDAG has recently demonstrated its global dominance through significant achievements in Japan, Las Vegas, and Piccadilly Circus, London, solidifying its status as a top crypto to invest in. This strategic […]
13 days agonulltx
BlockDAG’s Piccadilly Event Draws BNB & Bitcoin Cash Investors
BNB Enthusiasts Rally at BlockDAG’s Notable London Piccadilly Showcase with $26M Presale Amid Bitcoin Cash Rise BlockDAG’s recent event at London’s Piccadilly Circus was a standout, drawing significant attention following similar events in Tokyo and Las Vegas. With its presale hitting $26 million, BlockDAG continues to carve out a prominent […]
51 day agonulltx
BDAG’s Presale Success, DOGE’s Rally & Floki’s New Milestone
Las Vegas Show: BlockDAG $14.2 Million Presale Sets Stage For $600 Million Roadway Leaving Dogecoin And Shiba Inu In Dust BlockDAG has quickly become a focal point in the cryptocurrency scene with its impressive presale, raking in $14.2 million and boasting an unparalleled potential ROI of 20,000x. Amid Dogecoin’s prediction […]
53 days agonulltx
BlockDAG’s $13.2M Presale: BNB Chain Meme Coin & TON’s Rival?
BlockDAG Takes Over Las Vegas Post Technical Whitepaper Launch, Analysts Predict 30,000x ROI! BNB Joins The Meme Frenzy, Toncoin Pushes Through Volatility. The Binance (BNB) Chain has recently made headlines by joining the meme coin craze, adding a playful twist to its portfolio amid a market rebound. As meme coins […]
76 days agocoindesk
Dogwifhat Becomes 4th-Largest Meme Coin as Community Completes Fundraising for Las Vegas Sphere Showing
The meme coin based on a dog wearing a pink beanie became an instant hit during the ongoing crypto bull cycle, now boasting a $2.6 billion market capitalization, but its skyrocketing price could signal increased market froth.
78 days agocoindesk
Dogwifhat Community Plan to Put the Meme on the Vegas Sphere
Social media users wonder if the display marks “cycle top” behavior.
204 days agocoindesk
Roger Ver Seeks Winding Up of Matrixport in Seychelles Lawsuit
The investor launched a suit last year in Seychelles against Matrixport's subsidiary Smart Vega, which runs Bit.com, for confiscating $8 million, which he says Jihan Wu is keeping because Wu blames him for the collapse of CoinFLEX.
210 days agocointelegraph
Sam Bankman-Fried lawyers pitch for changes to judge's jury instruction
SBF attorneys have made several requests over the course of the past few months ranging from requests for early bail before trial to vegan food and prescription drugs.
224 days agocoindesk
SBF Dined With Eric Adams at NYC Mayor’s Go-To Italian Restaurant
The erstwhile crypto titan and avowed vegan was also scheduled to meet Empire State Gov. Kathy Hochul at The Capital Grille steakhouse, according to FBI trial testimony.
279 days agocryptopotato
SBF Pleads Not Guilty Again, Complains About Lack of Vegan Food in Prison (Report)
The latest indictment has supposedly removed the accusation that SBF violated US campaign finance laws.
279 days agocryptodaily
SBF Pleads Not Guilty To New Charges, Complains About Jail Food
Disgraced FTX founder Sam Bankman-Fried has pleaded not guilty to seven new charges brought against him in a Manhattan federal court on Tuesday. The FTX founder was making an appearance in court after spending ten days in jail and also raised complaints about the food being served in jail. SBF Pleads Not Guilty To New Fraud And Conspiracy Charges The new charges, all related to fraud and conspiracy, were handed down on the 14th of August after prosecutors alleged that Bankman-Fried had used over $100 million of stolen customer funds and assets to donate to electoral candidates and politicians. The court had revoked his earlier bail after the United States Department of Justice alleged that the former CEO had repeatedly tried to influence witnesses and interfere with a fair trial through public shaming and harassment. This was Bankman-Fried’s first court appearance since his bail was revoked on the 11th of August. Since then, SBF has been in custody at the Metropolitan Detention Centre in Brooklyn. According to data from the Federal Election Commission, Bankman-Fried had reportedly given over $40 million in political donations in 2022. Other big donors from Bankman-Fried’s circle included Ryan Salame, former co-CEO, and Nishad Singh, the former director of engineering at FTX. Federal Election Commission data showed that Salame had donated over $23 million almost exclusively to Republican candidates and related PACs. Meanwhile, Nishad Singh had given around $8 million during the 2022 midterm election cycle. Complaints About Jail Food During his hearing, lawyers representing SBF informed the federal court that jail authorities had failed to provide him with a vegan diet as he had requested. Mark Cohen, the lawyer representing the former billionaire, stated that the lack of adequate food at the Brooklyn Metropolitan Detention Centre was hampering Bankman-Fried’s preparations for his trial, which is set to begin in October. Mr. Cohen also told the court that his client was not provided with the attention deficit hyperactive disorder (ADHD) drug Adderall. He also added that his client’s supply of Emsam, used to treat depression, was running low. Judge Sarah Netburn assured Mr. Cohen that she would ask the United States Justice Department’s Bureau of Prisons, which is in charge of running the jail, to address concerns related to SBF’s medication. She added that while she was reasonably confident that the prison offered vegetarian food, she was unsure if vegan food was available. Meanwhile, the Bureau of Prisons released a statement saying all inmates had access to appropriate medicines, healthcare, and hot meals. It further added that the facility ensures the provision of nutritionally healthy meals and follows the requirements of a national menu that is analyzed to ensure all dietary requirements are met. Following the hearing, Bankman-Fried sought support from his mother, speaking to her at length. “After the hearing, Bankman-Fried spoke to his mother, Stanford Law School Professor Barbara Fried, across the low partition between the courtroom well and the galley.” Preparations Underway For October Trial Meanwhile, Sam Bankman-Fried and his legal team are working hard in preparation for his trial, set to begin in October. Lawyers representing SBF had even requested that he be allowed to stay out of jail on weekdays, arguing that this would allow them to focus on building a defense for the disgraced FTX founder. The judge refused to grant this request. However, on the 22nd of August, Bankman-Fried was granted a short release from prison from 8:30 am to 3 pm. During his release, he was present in a supervised courtroom with his lawyers as they prepared for the upcoming trial. Meanwhile, the jury has also been issued guidelines by prosecutors on how to approach the trial. According to the guideline, the jury has to treat each of the seven charges differently. They were also requested not to let their verdict on one charge influence their decision on any of the other six charges. FTX was the second-largest cryptocurrency exchange, valued at around $32 billion. However, its bankruptcy sent shockwaves through the crypto and financial world and impacted several projects. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
279 days agocryptodaily
SBF Pleads Not Guilty To New Charges, Complains About Jail Food
Disgraced FTX founder Sam Bankman-Fried has pleaded not guilty to seven new charges brought against him in a Manhattan federal court on Tuesday. The FTX founder was making an appearance in court after spending ten days in jail and also raised complaints about the food being served in jail. SBF Pleads Not Guilty To New Fraud And Conspiracy Charges The new charges, all related to fraud and conspiracy, were handed down on the 14th of August after prosecutors alleged that Bankman-Fried had used over $100 million of stolen customer funds and assets to donate to electoral candidates and politicians. The court had revoked his earlier bail after the United States Department of Justice alleged that the former CEO had repeatedly tried to influence witnesses and interfere with a fair trial through public shaming and harassment. This was Bankman-Fried’s first court appearance since his bail was revoked on the 11th of August. Since then, SBF has been in custody at the Metropolitan Detention Centre in Brooklyn. According to data from the Federal Election Commission, Bankman-Fried had reportedly given over $40 million in political donations in 2022. Other big donors from Bankman-Fried’s circle included Ryan Salame, former co-CEO, and Nishad Singh, the former director of engineering at FTX. Federal Election Commission data showed that Salame had donated over $23 million almost exclusively to Republican candidates and related PACs. Meanwhile, Nishad Singh had given around $8 million during the 2022 midterm election cycle. Complaints About Jail Food During his hearing, lawyers representing SBF informed the federal court that jail authorities had failed to provide him with a vegan diet as he had requested. Mark Cohen, the lawyer representing the former billionaire, stated that the lack of adequate food at the Brooklyn Metropolitan Detention Centre was hampering Bankman-Fried’s preparations for his trial, which is set to begin in October. Mr. Cohen also told the court that his client was not provided with the attention deficit hyperactive disorder (ADHD) drug Adderall. He also added that his client’s supply of Emsam, used to treat depression, was running low. Judge Sarah Netburn assured Mr. Cohen that she would ask the United States Justice Department’s Bureau of Prisons, which is in charge of running the jail, to address concerns related to SBF’s medication. She added that while she was reasonably confident that the prison offered vegetarian food, she was unsure if vegan food was available. Meanwhile, the Bureau of Prisons released a statement saying all inmates had access to appropriate medicines, healthcare, and hot meals. It further added that the facility ensures the provision of nutritionally healthy meals and follows the requirements of a national menu that is analyzed to ensure all dietary requirements are met. Following the hearing, Bankman-Fried sought support from his mother, speaking to her at length. “After the hearing, Bankman-Fried spoke to his mother, Stanford Law School Professor Barbara Fried, across the low partition between the courtroom well and the galley.” Preparations Underway For October Trial Meanwhile, Sam Bankman-Fried and his legal team are working hard in preparation for his trial, set to begin in October. Lawyers representing SBF had even requested that he be allowed to stay out of jail on weekdays, arguing that this would allow them to focus on building a defense for the disgraced FTX founder. The judge refused to grant this request. However, on the 22nd of August, Bankman-Fried was granted a short release from prison from 8:30 am to 3 pm. During his release, he was present in a supervised courtroom with his lawyers as they prepared for the upcoming trial. Meanwhile, the jury has also been issued guidelines by prosecutors on how to approach the trial. According to the guideline, the jury has to treat each of the seven charges differently. They were also requested not to let their verdict on one charge influence their decision on any of the other six charges. FTX was the second-largest cryptocurrency exchange, valued at around $32 billion. However, its bankruptcy sent shockwaves through the crypto and financial world and impacted several projects. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
280 days agocointelegraph
Sam Bankman-Fried is low on meds, living on $3 peanut butter in prison
Lawyers representing the former FTX CEO say he's being served a “flesh diet” in prison even though he's vegan, and has been subsisting on bread, water and peanut butter.
287 days agocryptodaily
Prime Trust Files for Chapter 11 Bankruptcy
Cryptocurrency custodian Prime Trust and some affiliates filed for Chapter 11 bankruptcy on Monday. Las Vegas-based cryptocurrency custodian Prime Trust filed for Chapter 11 bankruptcy earlier this week after Nevada regulators placed it into receivership in June. Prime Trust Records Significant Deficit on Its Books Nevada’s Financial Institutions Division (NFID) placed crypto custodian Prime Trust into receivership, took control of the business, and froze its operations and businesses. Regulators decided to step in after it determined the company was insolvent and could not serve its customers. Prime Trust said in a filing that it has between 25,000 to 50,000 creditors and estimates its liabilities to be between $100 million and $500 million. The firm added its assets are worth $50 million to $100 million. The Chapter 11 filing indicates John Guedry, the former president of the Bank of Nevada, will act as a receiver and lead the restructuring committee. Judge Susan Johnson of the Eighth Judicial Court of the State of Nevada will oversee the bankruptcy proceedings. Prime Trust will continue in their role as “debtors-in-possession” under the court’s jurisdiction. In a press release announcing its bankruptcy, Prime Trust said: “The Company, under the supervision and direction of the Special Committee, continues to manage their businesses as “debtors-in-possession” under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court.” It added, “The Company intends to file a number of motions with the Bankruptcy Court designed to facilitate the Company’s orderly evaluation of all strategic alternatives, including potentially a sale of the Company’s assets and operations as a going concern.” Regulators claim Prime Trust misused customer funds to pay withdrawals since December 2021 after the firm lost access to several customer crypto wallets. Prime’s voluntary bankruptcy filing comes as no surprise. In a press statement, the NFID commented on its decision to place the firm under receivership: “The Nevada Financial Institutions Division (“NFID”) was actively monitoring the solvency of Prime Trust, LLC (“Prime”) in anticipation of a potential acquisition or merger.Ultimately, Prime failed to safeguard assets under its custody and cannot meet all client withdrawals. As such, Prime has breached its fiduciary duties to its clients, in violation of Nevada trust laws. NFID’s primary objective is to preserve any enterprise value remaining in Prime for the benefit of Prime’s clients.” Several of the company’s affiliates, including Prime Core Technologies Inc., Prime Trust, LLC, Prime IRA LLC and Prime Digital LLC, also filed for bankruptcy relief. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
287 days agocryptodaily
Prime Trust Files for Chapter 11 Bankruptcy
Cryptocurrency custodian Prime Trust and some affiliates filed for Chapter 11 bankruptcy on Monday. Las Vegas-based cryptocurrency custodian Prime Trust filed for Chapter 11 bankruptcy earlier this week after Nevada regulators placed it into receivership in June. Prime Trust Records Significant Deficit on Its Books Nevada’s Financial Institutions Division (NFID) placed crypto custodian Prime Trust into receivership, took control of the business, and froze its operations and businesses. Regulators decided to step in after it determined the company was insolvent and could not serve its customers. Prime Trust said in a filing that it has between 25,000 to 50,000 creditors and estimates its liabilities to be between $100 million and $500 million. The firm added its assets are worth $50 million to $100 million. The Chapter 11 filing indicates John Guedry, the former president of the Bank of Nevada, will act as a receiver and lead the restructuring committee. Judge Susan Johnson of the Eighth Judicial Court of the State of Nevada will oversee the bankruptcy proceedings. Prime Trust will continue in their role as “debtors-in-possession” under the court’s jurisdiction. In a press release announcing its bankruptcy, Prime Trust said: “The Company, under the supervision and direction of the Special Committee, continues to manage their businesses as “debtors-in-possession” under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court.” It added, “The Company intends to file a number of motions with the Bankruptcy Court designed to facilitate the Company’s orderly evaluation of all strategic alternatives, including potentially a sale of the Company’s assets and operations as a going concern.” Regulators claim Prime Trust misused customer funds to pay withdrawals since December 2021 after the firm lost access to several customer crypto wallets. Prime’s voluntary bankruptcy filing comes as no surprise. In a press statement, the NFID commented on its decision to place the firm under receivership: “The Nevada Financial Institutions Division (“NFID”) was actively monitoring the solvency of Prime Trust, LLC (“Prime”) in anticipation of a potential acquisition or merger.Ultimately, Prime failed to safeguard assets under its custody and cannot meet all client withdrawals. As such, Prime has breached its fiduciary duties to its clients, in violation of Nevada trust laws. NFID’s primary objective is to preserve any enterprise value remaining in Prime for the benefit of Prime’s clients.” Several of the company’s affiliates, including Prime Core Technologies Inc., Prime Trust, LLC, Prime IRA LLC and Prime Digital LLC, also filed for bankruptcy relief. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
295 days agocryptodaily
Chancer Announces BitMart Exchange Listing as Presale Races Past $1m Mark
London, United Kingdom, August 7th, 2023, ChainwireChancer, one of the most exciting new crypto projects in 2023, has raced past the significant $1 million fundraising milestone. This coincides with the announcement that their first exchange listing will take place on BitMart – a hugely popular exchange with users in over 180 countries with a trading volume of over $500 million per day.Those interesting in getting involved at the current price can do so at $0.011 before it rises by 9% to $0.012 in Stage 3 of the presale.Chancer’s CEO, Adam Kelbie, commented: “We're thrilled to see our trajectory accelerating with each passing day. The support from our community fuels our enthusiasm to dive deeper into the development of our beta platform. We're actively pursuing various exchange partnerships and keeping a close eye on the performance of similar projects. BitMart is just the initial step on this promising journey for Chancer!”Chancer tokens are available to buy on the official website.Chancer: a disruptive force reshaping the traditional betting industryChancer is gaining an impressive following off the back of a simple but powerful premise, “Your Game, Your Rules, Your Odds.”Their product removes the potential for manipulation by a centralized betting house or bookmaker, and puts the power back into the hands of the bettors.The concept is simple; anyone can set up a bet on anything they want using the Chancer platform, set the odds they want, and other people can choose to bet against them via a live broadcast.From the small-time wagers with friends on who can hit bullseye 3 times in a row, to betting thousands of people worldwide on the Super Bowl outcome with your own odds – as long as there is a way to verify the outcome, then there can be a betting market on Chancer.All bets are made and paid out in CHANCER tokens, which gives the coin utility as it is the lifeblood of the entire platform.Chancer is also CertiK audited, the leading blockchain auditor that has reviewed other leading projects in the space including The Sandbox, Floki, and Blockchain Bets.What’s driving Chancer forwardsChancer offers its users multiple ways to potentially earn, through betting, market-making rewards, staking, and the innovative Share2Earn scheme. With a unique setup where betting engagement directly influences rewards, Chancer has quickly piqued the interest of the social-centric crypto world.Founders, Adam and Paul Kelbie, are active participants in shaping Chancer's lively community. They consistently engage with members on multiple platforms and take part in Chancer's various wagers between each other and directly with community members.With the online gambling industry estimated at $64 billion in 2022, Chancer's potential to cause a significant shift is enticing crypto investors. By delivering on its plan, Chancer could pose a challenge to industry heavyweights such as Playtech and Bet 365.To continue gaining traction and attracting new users, Chancer is currently hosting giveaways, including $100,000 in tokens and a $25,000 Las Vegas trip. As a testament to its fun-loving ethos and commitment to its community, anyone holding CHANCER tokens can participate via Gleam.About ChancerChancer is set to develop the world’s first decentralized social predictive markets platform. This will allow Chancer token holders to create, and participate in their very own predictive markets based on their interests, expertise and social opportunities.The project intends to disrupt the global gambling and betting market by ‘removing the house’ and taking a slice of the market share as it garners attention by challenging the traditional bookmaking and betting business model.For more information: Website | Whitepaper | SocialsContactCEOAdam [email protected]
308 days agocryptopotato
Xandeum, the L1 with Scalable Storage Layer, Announces Grand Launch on July 30
[PRESS RELEASE – Las Vegas, Nevada, July 25th, 2023] Xandeum, a trailblazing blockchain startup committed to accelerating humanity’s transition to decentralized control, announces its highly anticipated launch on July 30, 2023, at 11:00 am PT. Leveraging the power of blockchain technology, Xandeum’s mission is to empower collective self-determination by creating a scalable, blockchain-based storage layer […]
320 days agocointelegraph
Interactive NFTs the future for sport, Vegas Sphere excites: NFT Collector
Andy Murray, UFC, women’s golf and NBA embrace unique NFTs as the interactive future for sport fans, and meet NFT Creator tjo.
323 days agocryptopotato
Massive Gaming Celebrates Global Launch of House of Blackjack with USDC Earning Race
[PRESS RELEASE – Sydney, Australia, July 10th, 2023] Massive Gaming has announced the launch of House of Blackjack, a realistic Vegas-style online blackjack game. To mark the milestone, Massive Gaming is hosting an Unlimited USDC Earning Race with Free Bonus Rewards. The event offers players the chance to win a total prize pool of at […]
373 days agocryptopotato
57-Year-Old Las Vegas Resident Charged for Alleged Participation in $45M CoinDeal Scam: DOJ
Given his age, Lee could spend his remaining life in prison if found guilty.
375 days agocoindesk
Vega Token Rallies Ahead of Protocol Possibly Going Live Monday
The platform is awaiting an expected approval from the community, says Vega’s co-founder.
384 days agocoindesk
Crypto Derivatives Protocol Vega's Mainnet Goes Live for Futures, Options Trading
The blockchain, called Alpha, is said to be built mainly to support decentralized trading.
2400 days agocryptodaily
Cryptocurrency mining hardware sales tailing off
PC processor maker AMD reported a sizeable boost in profits in its most recent quarter, largely thanks to sales of Vega 56 and Vega 64 GPUs which are popular among Bitcoin miners. These chips' massive processing power allows miners to harvest coins faster, and we've seen news of couriers flying stock, as soon as they hit the shelves, around the world to help kit out the latest major Russian or Chinese mines.  However, AMD predicts that sales for the next quarter will be down by around 15% from the mining market, while in the longer term, blockchain processing demands could see a future rise in sales. The predicted downturn could come from miners looking to consolidate their current systems, fine-tuning them to run at maximum efficiency rather than investing in even more hardware. The massive power and energy demands of mines If you are thinking of investing in a bitcoin mine, consider one of the world's largest set up in an old factory in China. It uses 25,000 networked PCs, producing billions of calculations each second and chewing through a daily electricity bill approaching $40,000. Farms like this are why China and Russia are cornering the majority of new coins.  While chips like AMD's Vega range can produce a sizeable boost in processing power, at some point cost will become an issue, even for companies mining millions of dollars worth of bitcoin and other cryptocurrencies. These farms are also rapidly killing the market for novice miners who stand only a fractional chance, even with some powerful hardware, of mining coins. This helps make the market more of a traditional investment one, as buyers look to convert existing currencies to invest in new coins that could experience high demand, as overall interest in cryptocurrencies continues to grow. Expect more drama from the mining factories in 2018 and beyond, perhaps as high-performance cloud becomes an option, removing the need for actual hardware-based mines.
2400 days agocryptodaily
Cryptocurrency mining hardware sales tailing off
PC processor maker AMD reported a sizeable boost in profits in its most recent quarter, largely thanks to sales of Vega 56 and Vega 64 GPUs which are popular among Bitcoin miners. These chips' massive processing power allows miners to harvest coins faster, and we've seen news of couriers flying stock, as soon as they hit the shelves, around the world to help kit out the latest major Russian or Chinese mines.  However, AMD predicts that sales for the next quarter will be down by around 15% from the mining market, while in the longer term, blockchain processing demands could see a future rise in sales. The predicted downturn could come from miners looking to consolidate their current systems, fine-tuning them to run at maximum efficiency rather than investing in even more hardware. The massive power and energy demands of mines If you are thinking of investing in a bitcoin mine, consider one of the world's largest set up in an old factory in China. It uses 25,000 networked PCs, producing billions of calculations each second and chewing through a daily electricity bill approaching $40,000. Farms like this are why China and Russia are cornering the majority of new coins.  While chips like AMD's Vega range can produce a sizeable boost in processing power, at some point cost will become an issue, even for companies mining millions of dollars worth of bitcoin and other cryptocurrencies. These farms are also rapidly killing the market for novice miners who stand only a fractional chance, even with some powerful hardware, of mining coins. This helps make the market more of a traditional investment one, as buyers look to convert existing currencies to invest in new coins that could experience high demand, as overall interest in cryptocurrencies continues to grow. Expect more drama from the mining factories in 2018 and beyond, perhaps as high-performance cloud becomes an option, removing the need for actual hardware-based mines.

About Vega Protocol?

The live price of Vega Protocol (VEGA) today is 0.489593 USD, and with the current circulating supply of Vega Protocol at 61,446,699.25 VEGA, its market capitalization stands at 30,083,847 USD. In the last 24 hours VEGA price has moved -0.007303 USD or -0.01% while 223,641 USD worth of VEGA has been traded on various exchanges. The current valuation of VEGA puts it at #701 in cryptocurrency rankings based on market capitalization.

Learn more about the Vega Protocol blockchain network and how it works or follow the price of its native cryptocurrency VEGA and the broader market with our unique COIN360 cryptocurrency heatmap.

Introduction

Vega Protocol is a decentralized trading protocol designed to revolutionize the world of smart financial products. It aims to address the inherent problems in traditional financial markets, such as the need to trust third parties, high costs driven by intermediaries, and gatekeepers that stifle innovation. By leveraging blockchain technology and a dynamic liquidity marketplace, Vega Protocol offers fully automated, end-to-end margin trading on open public networks secured with proof of stake.

Technology & Mechanism

Consensus Mechanism

Vega Protocol utilizes a consensus mechanism that ensures the integrity and security of the network. The specific consensus mechanism employed by Vega Protocol is [insert consensus mechanism], which provides fast and secure transaction validation.

Blockchain Technology

Vega Protocol operates on a blockchain that is blockchain agnostic, meaning it can settle trades in any crypto-asset on a supported chain. This flexibility allows for seamless cross-chain settlement and opens up a wide range of trading opportunities across global markets.

Key Features

Scalability

Vega Protocol is designed to scale efficiently, allowing for a high throughput of transactions without compromising on performance. This scalability ensures that the protocol can handle a large volume of trades, making it suitable for both retail and institutional traders.

Security

Security is a top priority for Vega Protocol. The platform utilizes modern cryptography and distributed systems security mechanisms to secure user assets and protect against potential threats. By leveraging the decentralized nature of blockchain technology, Vega Protocol minimizes the risk of unauthorized access and ensures the safety of user funds.

Privacy

Vega Protocol prioritizes user privacy by implementing privacy-enhancing technologies. Through the use of advanced cryptographic techniques, Vega Protocol ensures that sensitive user information remains confidential and secure.

Decentralization

Decentralization is at the core of Vega Protocol's design. By eliminating the need for trust in third parties, Vega Protocol empowers users to have full control over their assets and trading activities. This decentralized approach also reduces costs associated with intermediaries and fosters a more inclusive and accessible financial system.

Development Team & Governance

Vega Protocol is developed by Vega Holdings Ltd., a team of experienced professionals dedicated to revolutionizing the financial industry. The project is committed to transparency and community involvement, with a governance model that allows stakeholders to participate in decision-making processes.

Use Cases & Potential Impact

Vega Protocol has the potential to transform the financial system and change the dynamics of power in markets. By enabling permissionless innovation and decentralizing risk management, Vega Protocol opens up new possibilities for safe trading of complex instruments. It can be used to trade a wide range of instruments across global markets, providing individuals and institutions with access to previously inaccessible markets. The impact of Vega Protocol extends beyond traditional financial markets. It can be leveraged to create innovative insurance products, facilitate asset-backed loans, and streamline core banking and insurance processes. By eliminating the need for trust in third parties and reducing costs, Vega Protocol aims to create a fairer and more accessible financial system that benefits everyone.

Purchase & Storage

How to Buy

Vega Tokens can be purchased on various cryptocurrency exchanges. It is important to conduct thorough research and choose a reputable exchange that supports Vega Tokens.

Wallets & Storage

To securely store Vega Tokens, it is recommended to use a wallet that allows for the safe storage of ERC-20 tokens. Popular options include hardware wallets, such as Ledger or Trezor, or software wallets like MetaMask.

Partnerships & Collaborations

Vega Protocol is actively seeking partnerships and collaborations to further enhance its ecosystem. By collaborating with other projects and organizations, Vega Protocol aims to expand its reach and create synergies that drive innovation in the financial industry.

Roadmap

Vega Protocol has an ambitious roadmap that includes ongoing development and the establishment of strategic partnerships. The project is committed to continuous improvement and plans to release new features and enhancements to further enhance the trading experience on the platform.

Risks & Challenges

As with any emerging technology, Vega Protocol faces certain risks and challenges. These include potential regulatory hurdles, market volatility, and the need to ensure the security and stability of the platform. However, the project is actively undertaking a legal and regulatory analysis to address these challenges and ensure compliance with applicable laws and regulations.

Community & Regulatory Compliance

Vega Protocol has a vibrant and engaged community of users and supporters. The project values community feedback and involvement, as it plays a crucial role in shaping the future of the protocol. Additionally, Vega Protocol is committed to regulatory compliance and is working closely with legal experts to ensure that the platform meets all necessary requirements. In conclusion, Vega Protocol is a decentralized trading protocol that aims to revolutionize the financial industry. With its innovative technology, scalable infrastructure, and commitment to decentralization, Vega Protocol has the potential to transform the way financial products are traded and accessed. By eliminating the need for trust in third parties and reducing costs, Vega Protocol empowers individuals and institutions to participate in a fairer and more inclusive financial system.
Vega Protocol Price0.489593 USD
Market Rank#701
Market Cap30,083,847 USD
24h Volume221,985 USD
Circulating Supply61,446,699.25 VEGA
Max Supply64,999,723 VEGA
Yesterday's Market Cap31,246,742 USD
Yesterday's Open / Close0.51583 USD / 0.508527 USD
Yesterday's High / Low0.51583 USD / 0.469365 USD
Yesterday's Change
-0.01% ( 0.007303 USD )
Yesterday's Volume223,640.86 USD
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