Category: Cryptocurrency News

Huobi Global is the third major cryptocurrency exchange to pen a blockchain ecosystem development agreement with the South Korean city.

A court located in Seoul, South Korea issued a warrant for the arrest of Kwon and five other people who are currently in Singapore.

As you all know, Ethereum is about to shift to Proof-of-stake consensus in less than 24 hours. So, here is some data on current ETH and GPU mining stats. ​ https://preview.redd.it/q4uu3ycjbsn91.jpg?width=1181&format=pjpg&auto=webp&s=475343808555b6c19cd45985ce195581c8687273 Ethereum's total network hash rate is 901,320 Gh/s. To simplify the calculation, Lets assume only RTX3070 GPUs are being used currently by miners to…
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I want to monitor the Merge. Not just the countdown, but the formation of the new blocks, validation status, etc. Anywhere good to do that? Preferably some simple overview as I don't have much technical knowledge except some bacis. submitted by /u/LarsPensjo [link] [comments]

I'm seeing more and more people getting their second free NFT avatar from Reddit. I hope everyone gets a second one and it's not just a glitch or something. It's the same ones that were dropping before, so nothing new, but it's still cool that they give another one so you can costumize if you…
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What if buying a piece of real estate wasn’t a complex and time-intensive process? Dealing in real estate typically involves interacting with an intermediary, swimming through paperwork, and paying steep fees and commissions. Even with the latest advancements in technology, many jurisdictions still require real estate buyers and sellers to show up in person to execute their documents. Most often, this is due to notaries being required to see people physically sign documents, and while some notaries can do this task virtually, not all have the same capabilities. Now, with the help of cryptocurrency (specifically NFTs and smart contracts), the trajectory of real estate transactions is rapidly changing. We’re talking about taking out the middleman and obtaining and transferring ownership with ease. Sales can even be made through sites similar to eBay, but with a new level of added security. In this writing, we will be specifically focusing on crypto’s effect on the luxury real estate market. But first, let’s start with the basics—how NFTs and smart contracts work. What is an NFT? NFTs, short for non-fungible tokens, are cryptographic tokens that can come in the form of many things (e.g., music, drawings, videos).  Each NFT is 100% unique and cannot be replicated or replaced. Many times, NFTs represent digital ownership of something, such as a piece of digital art. In other instances, they can be representative of a physical item, such as real estate property and memberships. NFTs use blockchain technology to maintain their verifiability and proof of ownership. Theoretically, the actual digital file that an NFT lies on can, in fact, be copied, but this does not mean that someone has taken over ownership. The culprit would need access to the smart contract that’s attached to the NFT as well. Moreover, they would have to be able to alter the smart contract that has been recorded on the blockchain, which is virtually impossible to do. What is a smart contract? Smart contracts are self-executing pieces of code built to facilitate a transaction. The transaction automatically resolves after pre-defined conditions have been met. The contracts are coded into the blockchain and maintained by regulators after recording them. They are binding contracts that do not require the interference of a central authority or legal system. Because of this, they’re much more cost-efficient. After all, attorneys, realtors, and appraisers are never cheap. How are the two transforming luxury real estate? As previously mentioned, the two above elements are changing the luxury real estate industry by cutting out intermediaries, but another way is by innovating the use of memberships. If you’ve ever owned a timeshare or had a country club membership, you probably know that ownership is not easily transferred. Moreover, your package typically includes an annual renewal process and membership dues. Now, with promising memberships such as the Aspen Lakes Membership by RHUE Resorts, assets can be owned in perpetuity without the need for annual renewal. Said assets can even be passed down through family members and friends if desired. Conversely, memberships can be sold in secondary markets such as OpenSea, an NFT marketplace that’s similar to eBay. Through the NFT membership model, Aspen Lakes Membership purchasers can enjoy: Little to no application process or fees No annual recurring dues Transferability with ease (no middleman required) Existing amenities, such as the world-class 18-hole golf course, pro-shop, restaurant, wedding and event center. Most NFTs are restricted to being purchased with cryptocurrency only which can ostracize certain investors. RHUE Resorts is combating this by allowing the purchase of memberships through cryptocurrency or debit/credit cards. This allows them to appeal to the traditional market while also engaging crypto-enthusiasts. City DAO Another example is the crypto project City DAO. The idea here is that a person can purchase a piece of land in Wyoming and sell rights of governance to interested parties. Those who want to be a piece of the government structure must obtain a certificate of citizenship via NFT. It’s important to note that citizens are not the owners of the land. They only make decisions regarding it, which includes policy changes and regulations. Of course, in this kind of “government” structure, there are only so many memberships that can be purchased. FlyFish Club FlyFish Club (FFC) brings an interesting spin to the food industry. The private dining club hosts the world’s very first NFT restaurant that requires an NFT membership for dining access. Said restaurant will feature over 10,000 square feet and be in an “iconic location” in New York City. In addition, FFC NFT purchasers can enjoy “various culinary, cultural, and social experiences,” according to the FlyFish Club website. The project makes several big promises, however, it’s still in its infancy. Great offerings and optimistic ideas While NFTs and blockchain are opening doors in several industries, it’s still hard to tell which ventures are going to “stick.” Projects like City DAO have interesting ideas but have yet to provide anything concrete. On the other hand, companies such as RHUE Resorts are established and flourishing, providing luxury in real life immediately. The blockchain looks to revolutionize numerous industries with the many efficiencies and advantages it has over traditional alternatives. Real estate has shown that it’s ripe for improvement and looks to be the perfect candidate to enter the world of cryptocurrency and NFTs.

A Uniswap (UNI) recent market downturn has forced UNI’s trading range to shrink significantly. During the bull market in July, UNI jumped by more than 60 percent in just over two days, prompting the subsequent fall. After this price increase, the weeks that followed showed a reversal pattern known as a “head and shoulders,” which eventually led to a price decline. The price showed significant volatility over a 16-day period, as evidenced by the market’s historical statistics. This volatility pointed to a fierce battle between bulls and bears. Related Reading: Terra Dries Up As LUNA Sheds 40% From Recent High Chart: TradingView.com The bears clearly won this war, as the price of Uniswap fell by 17.30 percent, as shown in the figure. Prior to a price reversal, the regression channel shows the declining trend even more strongly. Due to this turn of events, the cost of Uniswap has risen from $5.745.00 to $6.459.00, a price hike of 13.54 percent. Nonetheless, the coin went through another period of volatility as price swings were driven by bulls and bears. It happened after Uniswap bulls attempted a break above the 50% Fibonacci retracement line. Chart: TradingView.com The bears prevailed once again in the end. The coin’s price dropped by an additional 15.54 percent after this victory. The loss of 13.54 percent in nine days was fully wiped out by the catastrophe. Uniswap’s trend has been on the rise since the most recent market meltdown, which has brought us to our current position. But a problem occurred as a result of the movement; it narrows to a point towards the conclusion. The leading trend line served as resistance. The Stoch RSI rating indicates that the currency experienced a single strong sell signal at this point. Related Reading: Chainlink Integrates New Tech, And It’s Going Green – Healthy For LINK? Uniswap Chart: TradingView.com This alerted Uniswap speculators and traders to the possibility of another market correction. In this predicament, UNI’s price can only move in two directions: up or down. 1 – the price will surpass the psychological resistance of $6.8 and continue to rise, and 2 – Uniswap price will not stabilize at the 50% Fibonacci retracement level before retracing. This speculative activity prevents dealers and investors from conducting business in the area. It stands at such a vital place as any breakouts can result in big gains and losses. As of this writing, Uniswap bulls are aiming to hold their position above the 50% Fib mark. If the price breaks upward, it will gain speed towards the 38.20 Fibonacci level and may perhaps surpass it. If the price falls, it should not fall below the $5.87 support level. UNI total market cap at $4.5 billion on the daily chart | Source: TradingView.com Featured image from Somag News, Chart: TradingView.com

It’s a conundrum. Devs should get paid for their work, but what if the company they work for doesn’t really have the money to pay them properly? It’s a passion project but even passions still need to be paid for time and effort put in at some point. Or is it okay for there to…
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That shit is going to zero so I want to get rid of i sooner rather than later. I have a Ledger and a Trezor HW wallet. Where can I see if/when the fork happens? Where can I sell them? Any replay attacks or other risks to be aware of? Any other forks or freebies…
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Abu Dhabi Global Market’s financial regulator, the Financial Services Regulatory Authority (FSRA), recently unveiled six principles that will guide its “approach to virtual asset regulation and supervision.” Though not legally binding, the principles, according to the FSRA, must be “viewed as a complement to the comprehensive detail of our published framework.” A ‘Basis for Regulatory […]