Author: dfmines

Cryptocurrency News and Public Mining Pools

EIP 1559 Officially Launching on Ethereum in July

EIP 1559 has now been officially confirmed for Eth's July London update. That means more predictable and lower fees for users, and it will introduce a BURNING mechanism that will burn part of the transaction fees on the network in ETH. That could very well mean ETH could see serious deflationary pressure (comparable to bitcoin's…
Read more

What does it mean to ‘stake’ ETH 2.0?

I've been in crypto for about a year and despite some research, I am a little embarrassed to say I still don't quite understand what it means to 'stake' a coin. Can anyone explain it to me in terms I might more easily understand? submitted by /u/Metasketch [link] [comments]

GameStop tale exposes regulatory paternalism and DeFi’s true value

GameStop brings forward the prospect of a paradigm shift that challenges existing regulations: decentralization.

Internal transactions missing in Wallet

Dear community, I have made my first sale this week on Rarible, via Opensea. However there is no transaction documented on my Metamask wallet after the purchase was made. I waited 2 days but no change. I checked the contract on etherscan and it seems ok – my address is correct there and I see…
Read more

No more 'Bitcoin effect'? MicroStrategy stock falls by 50% in 17 days

The excitement around Bitcoin has spilled over beyond spot price, data shows, with MSTR going from above $1,300 to $629 in just 17 days.

Binance Extortion

This is going to be a long thread with every event from last August on how Binance has stolen my grandfathers money, how they fuck you around, and why you shouldn't do business with them. Here we go. ​ July 17th, 2020: Signed up on Binance, compeleted Basic verification. ​ August 12th, 2020: Advanced Verifiation…
Read more

The Great Moon Experiment: 10,000 in Moons – $500 USD – 10 Coins on Binance, Redditors pick the Coins. – March 5th Update

That's right, we're officially 4 months in from the start of the project and Crypto keeps chugging. We started the month with Bitcoin at $36k, Elon Musk started tweeting, businesses started buying, we hit 58k (another new all time high) and we've been going back and forth from there. So, with this in mind, how'd…
Read more

‘Better as friends’: DeFi protocols Yearn and Cover announce cessation of merger

The relationship is “c-over” between Yearn Finance and Cover, an emotional split related to a new protocol from Cover developers.

Market capitalization is more important than price!

Feels like this should be said with the influx of new investors and not just into crypto but investing in general. The price doesn’t matter, it’s all about market capitalization in determining a coin’s value. Just because a coin is under $1 doesn’t mean it’s ‘cheaper’ than other coins. Tired of seeing these “ADA WILL…
Read more