Author: dfmines

Cryptocurrency News and Public Mining Pools

Why I chose Ravencoin for my digital token projects.

submitted by /u/LSJI07 [link] [comments]

Terra (LUNA) Surpasses Ethereum Becoming Second Most Staked Asset

Over the past week, the price surge in the LUNA token has caused it to rise to become the second most-staked primary digital currency in TVL leaving Ethereum behind. In addition, a data source reported this data showing that Terra’s LUNA coin passed the Ether coin, which currently has more than $28 billion in Total Value Locked. According to the data report, the Terra crypto project has over 226,325 stakers, accounting for $29.5 billion worth of staked LUNA tokens. Thus, pushing the network to second place, towering over Ethereum. Related Reading | Bitcoin Outflows Spike As 30k BTC Exits Exchanges, Reserve Plunges Down Staking Rewards also released a report showing that the LUNA recently surpassed the ETH coin based on its network’s Total Value Locked up. From the data, LUNA had over $29.5 billion worth of LUNA tokens locked for staking. In contrast, Ether has $25.9 billion worth of locked for staking within its network. Other Regions Where Terra Surpasses Ethereum From the platform’s data, LUNA has over 226,325 token stakers. It just climbed up that position recently, toppling over four times the amount of ETH stakers, which were 54,768. Terra is currently following hard after Solana, with over $35 billion total value locked. LUNA is evaluated to reward users an average of 6.62% of their investments for annual staking revenues. However, ETH offers 4.81% in staking rewards, which are relatively lower than Terra’s staking incentives. Out of the top 10 staked cryptocurrencies, the crypto that rewards the most is the Polkadot (DOT) project that offers 13.92% on average. The crypto staking platform, Staking Rewards, emphasized LUNA’s victory over ETH on Tuesday. Whereas, some crypto users still debated that data from DefiLlama contrast with the figures. From DefiLlama’s data, Ethereum still trades above its contenders in TVL (total value locked) with a value of $111.4 billion. Moreover, on the other end, LUNA’s total value locked accrued $23.35 billion. These values include the total collaterals locked over DeFi (Decentralized Finance) protocols, not only staked ETH on the crypto staking platform, Beacon Chain but thus the differences. Presently, Beaconcha.in explorer’s data shows over 9.7 million ETH tokens staked, accumulating to $26.5 billion, tallying with data from Staking Rewards. Also, a similar trend the two aggregators have established is that LUNA’s values have spurred recently. Within the last week, the TVL of LUNA has grown by 26.905%. And it has risen above the BNB Smart Chain, which has a TVL worth $12.03 billion and is currently sitting at third place. Staking Rewards Defines Differences between TVL Metrics and Staked Value The data aggregator, Staking Rewards, has explained notable differences between TVL metrics and staked value. The TVL metrics include the total assets stored in DeFi protocols for components like lending. Related Reading | Bitcoin Exchange Withdrawals Suggests Whales Are Accumulating Over the past month, LUNA’s price has leaped by 78.4% and is currently trading at $89, with a market cap of $34.5 billion. Featured image from Pixabay, chart from Tradingview.com

Stripe Brings Back Crypto Support After 4 Years — Says ‘Crypto Is Going Mainstream’

Payment giant Stripe has brought back crypto support after it stopped processing bitcoin payments four years ago. The company now says, “Our optimism for the future of crypto was not unfounded … Crypto is going mainstream.” Stripe Brings Back Crypto Support Payment giant Stripe has re-entered the crypto space after four years, with the launch […]

Will EU regulatory measures kill ETH price?

submitted by /u/Impossible-Bus-501 [link] [comments]

NFTs have so much use cases aside from art and it is pretty infuriating that ignorant people who don’t understand its potential uses call the entire space a “pyramid scheme”.

For those who do not know what an NFT is, it can be simply described as a digital token that is stored in the blockchain. It is also Non-fungable, meaning that it is not interchangeable with other NFTs, unlike Bitcoin or Monero, as 1 BTC will always be equal to 1 BTC, same with Monero.…
Read more

Surviving like five months of a bear market is not easy at all. But remember the stories and experiences you will gain.

Since mid-November to know mid-march, that's literally four months of full blood on the streets. I can not count the amount of times we thought/hoped that this small bounce could be the reversal. But no, afterwards we took another hit and it just became worse and worse. Many may have left crypto completely, many are…
Read more

Europeans, we need to act now! They added the ban of Proof of Work back in to MiCA last minute and the vote is already this Monday 14.3. Here is what you can do to prevent that.

Ban of proof of work is back on the table in the european parliament, they sneaked it back in! We need to act now. Let them know, what we think about this. sources: tweet: https://twitter.com/paddi_hansen/status/1502546546914729984 article (german): https://www.btc-echo.de/news/bitcoin-verbot-kurzfristige-aenderungsantraege-bedrohen-btc-zukunft-136928/ Here is what can do (translated from btc-echo.de): For this reason, we are publishing a collected list…
Read more

Peer to peer and IP address

When you send tokens to another wallet address through MetaMask can the receiver see your IP address? I’m still learning some of the security of cryptocurrency. Thanks! submitted by /u/ButtsectsButtsauce [link] [comments]

Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry

Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia may use crypto to evade western sanctions and an ongoing audit of the Baltic nation’s AML policies. Government of Estonia Creates Stricter Regulatory Environment for […]