Author: dfmines

Cryptocurrency News and Public Mining Pools

What is the can’t-miss project of the Ethereum ecosystem?

submitted by /u/Conscious-Proof-8309 [link] [comments]

eath 2.0 gas

After we transition to eth 2.0 in the future, how much is gas expected to coast for erc-20? submitted by /u/billlyrx7 [link] [comments]

Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHs

During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset networks, however, saw their hashrates decline since their ATHs and the processing […]

Spanish government will implement new rules for crypto ads

The CNMV will require advertisers to report ten days before running ads targeting 100,000 people or more.

accidentally swapped ethereum instead of wrapped eth for a token. will it still work?

if a token says you need to buy it with wrapped ethereum but you use normal ethereum will the order still go through? thank you submitted by /u/uttftytfuyt [link] [comments]

Price analysis 1/17: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE

Bitcoin and most major altcoins took a turn for the worse after BTC price dipped below $42,000.

Trying to get into ethereum development. Why is environment setup so difficult?

Edit: If anyone can introduce me to a good tutorial on development please let me know, thank you. Hi. I'm trying to get into blockchain and ethereum smart contract development. I have some experience with java spring, node js, and python flask app dev. I am currently following tutorials on this guide: The authoritative guide…
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Hiring Blockchain Engineer

Looking to hire US based Blockchain Engineer fluent with multiple protocols. Where: Tampa, Florida Does not allow remote Salary based on experience: 80-250k Description: Seeking multi-protocol fluent blockchain engineer/developer to join our team as we scale into the US. 2+ years web3 experience req. Must be knowledgeable with most common API’s. Contact: PM on Reddit…
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Crypto pro tip, How to avoid scams in reddit!

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

OHM Holders Wake Up To Blood, How This OlympusDAO Whale Sank Its Price by 44%

In 2021, Ethereum based OlympusDAO and its native token OHM exploded as the protocol onboarded new users seeking to leverage its high annual percentage yield (APY). At its peak, the price of OHM went from $330 to an all time high of $1,639, but the asset seems to be on a downward trend since October last year. Related Reading | Why This Token Thrives With A 38% Profit While Bitcoin And Ethereum Bleed According to Wu Blockchain, a OlympusDAO Whale triggered a cascade of liquidations on the protocol during today’s trading session. This led to a 44% crash in OHM’s price within an hour. At this time, the APY offered to OHM holders stood at around 190,000%. As reported by NewsBTC, OlympusDAO is an algorithmic currency protocol that was classified in 2021 as high risk, but with the potential to display a “countercyclical” price behavior by research firm Delphi Digital. In other words, OHM’s price could move against the general sentiment in the market. However, OHM seems to have been unable to meet its potential or at least seems to have failed at appreciating as the crypto market trends to the downside. OHM’s price action has been driven by early investors taking profits on their gains. User Freddie Raynolds identified the Ethereum transaction used by a “savage” OlympusDAO user to dump $11 million in OHM. The transaction caused a 25% slippage and $5 million in liquidations for this asset, as Raynolds reported via his Twitter account. Recorded on the Ethereum blockchain 12 hours ago, the OHM holder used decentralizaed exchange SushiSwap to swap over 82,526 OHM tokens for $11 million in DAI. The transaction was tracked down to a pseudonym holder called “el sk”, @shotta_sk, on social network Twitter. The OHM whale apparently sold part of his funds to “survive” the current crypto market conditions. Via Twitter, he claimed the following: Derisked some of my OHM to ensure my family can weather any economic outcome. Remaining risk on with the rest indefinitely. Perfect Time To Get Into OlympusDAO? OlympusDAO experienced an increase in its number of users, its treasury assets, and total value locked (TVL) during 2021. Thus, some users claimed that today’s OHM crash should be leverage as a buying opportunity. The protocol and its team behind have set out to create “the reserve currency for DeFi” with their 3,3 mechanism and the introduction of new features, including an incubator and a pro version of the platform. However, the protocol has seen a lot of criticism. Related Reading | Why this OlympusDAO’s product could be amongst DeFi most lucrative The CIO of Selini Capital Jordi Alexander published a two-part article on OlympusDAO, OHM, and its 3,3 mechanism. Therein, Alexander refers to the protocol as a “ponzi”. Addressing the possibility that his article affected OHM’s performance, he said: Only selling affects price, there’s no shorting so only whale holders can sell lots. So, you can ask them if they cared, but I imagine they were looking for an exit anyway- Price has been in a big downtrend for weeks.