Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Today is the Day – FOMC – Be Very Careful Trading!

Today is the day. The US government's FOMC meeting will decide on interest rates and comment on the state of inflation. What to expect? Markets will be volatile today. If the Fed announces a 75bp (or lower) hike, expect markets to move to the upside. If its higher than 75bp, they will likely dump, though…
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3air – Blockchain-based Connectivity and Global Economic Inclusion Solution Launches on MEXC Exchange Sept, 22nd

The 3air project aims to resolve the perennial issues that created and continue to contribute to the economic underdevelopment of many regions globally, starting with African cities. The project will launch on the global MEXC exchange on the 22nd of September, 2022 at 10:00 AM / 12:00 PM CET. The project arrives at a pivotal time in global history when the world depends on connectivity for many reasons, including global economic participation. 3air leverages its novel wireless broadband Internet connectivity solution – K3 Last Mile – to provide stable internet connection in places where it was previously impossible using traditional methods. It also provides access to innovative financial and digital identification solutions available through the 3air platform. 3air’s success has come with the aid of an impressive list of partners and backers that have supported its growth in achieving its goal to foster global economic equality and access to financial opportunities using blockchain-based innovations. 3air raised more than $3.5 million from its Seed, Private, Public and IDO rounds. 3air’s native token ($3AIR) will be officially listed on the MEXC exchange on the 22nd of September, 2022, at 10:00 AM UTC / 12:00 PM CET. The 3air Project 3air aims to connect people in African cities to the global economic ecosystem using its proprietary technology to bring affordable, high-speed, and stable broadband internet, digital TV, and IP telephony. 3air uses K3 Last Mile technology to provide up to 1 Gbps dedicated internet connectivity, over 150 digital TV stations, and IP telephony through the air. 3air’s blockchain-based platform will allow easy access to digital services, identity management, payments, and credit line building. Its native token, 3AIR, is currently available on BSC, with deployment on the SKALE blockchain in view. It will be used as the payment method for 3air’s digital services, including digital identities, internet broadband services, digital TV, and IP telephony. The 3air project will be executed over three stages – The first stage is expanding throughout Africa, providing broadband connectivity to everyone, everywhere. The second stage is the implementation of the 3air platform. The platform will facilitate access to telecom services, identity management, payment solutions, and credit line building. The final stage involves leading the revolution within the telecom industry as the premier blockchain-based, decentralized, permissionless ISP platform, tokenizing bandwidth and other services. It also aims to facilitate secondary markets, improve security, roaming, IoT, and connect ISPs globally. Providing Free Broadband Access Locally The 3air project is progressing steadily towards its goal to provide the infrastructure to connect users in African cities to the internet at high speed and low rates. As part of its development plan, 3air, in collaboration with K3 Telecom, installed its novel K3 Last Mile solution at Saint Joseph’s Secondary School (SJSS) to provide internet connectivity at the school. The project will provide a fast, reliable, and stable connection to access educational resources and growth opportunities more easily. The SJSS internet connectivity project highlights 3air’s dedication to providing the infrastructure to improve the quality of opportunities throughout African cities, starting from Sierra Leone. Launch on Synapse The native token – $3AIR – opened on the Synapse Network. The IDO had an allocation of $50 000 at $0.065 price per token. It opened to the winners from the Gleam competition (50 winners) on Wednesday, 14th September at 09:00 AM UTC (11:00 AM CET). The FCFS sale for SNP stakers and the general public opened on Thursday, 15th September. Token Launch The 3air token’s launch is a few days away, and we are prepared for a monumental event in our roadmap. Our launch will happen on the MEXC exchange on the 22nd of September, 2022 at 10:00 AM (12:00 PM CET). Our launch will mark the debut of the 3air platform along with its ecosystem of blockchain-based connectivity and financial solutions. The excitement is palpable within the 3air community, and our CEO, Sandi Bitenc, appreciates the support we have received so far. “Counting is never fun, but counting down to our launch has been surreal. It is a lot of hardwork, but seeing our efforts over the last few years come together coupled with the support we’ve had so far has made the ride smoother than we could have thought. Under the proper conditions, blockchain technology can and will resolve the problems that underserved regions face, and we are excited to be leading this initiative in Africa. Our experience, proprietary technology, and ecosystem of partners combine to become the perfect solution for perennially underserved regions, and we are delighted to facilitate equal growth opportunities globally.” – Sandi Bitenc, CEO of 3air. Learn more about 3air by visiting 3air.io or reading the documentation at docs.3air.io.  

World’s Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 Support

The largest non-fungible token (NFT) marketplace by sales volume, Opensea, has announced a new “immersive and secure minting experience” by giving NFT creators the ability to showcase “collections with dedicated drop pages and greater discoverability” on Opensea’s new homepage. Moreover, the company also announced on Tuesday that the NFT marketplace will soon support the layer […]

Digital bank FV Bank integrates USDC stablecoin for direct deposits

Apart from USDC support, FV Bank also plans to launch a custody service in Q4 2022, targeting major coins like Bitcoin and Ethereum.

What are the current layer 1 scaling solutions in the roadmap for Ethereum?

Regarding layer 1 scaling solutions for ethereum, what is currently planned in the roadmap and when? Now that switch to PoS has taken place. Are the proposed scaling solutions feasible or mere concept ideas that might not work? I strongly believe Ethereum needs a good layer 1 scaling solution to be successful in the long…
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Remember the time users got 19K BTC from solving captcha?

Back in 2010, a software developer named Gavin Andersen (part of the Bitcoin dev team) wanted to promote mass adoption for Bitcoin. Using the website freebitcoins.appspot.com he let users earn 5 BTC per day, simply for solving captcha. During 2010, he gave away around 19K BTC. (I wonder how much he has left for himself.…
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New York Judge orders Tether to document USDT backing

The court accepted the Plaintiffs’ requests to provide “undoubtedly important” documents in the alleged fraud case.

Africa-Focused Crypto Exchange Yellow Card Raises $40 Million via Series B Round

Africa-focused crypto exchange Yellow Card recently revealed it has closed its $40 million Series B funding round. The exchange’s announcement of its latest capital raise comes just over a year after it raised $15 million from its Series A round. Funds to Be Used for Development of New Products Yellow Card, an Africa-focused cryptocurrency exchange, […]

Sharding could resolve Ethereum scalability trilemma, says researcher

Scalability trilemma implies that to scale, blockchains usually need to sacrifice one of their three fundamental cornerstones — security or decentralization, or transaction throughput.