Category: Cryptocurrency News

On March 3rd, 2022, ViaWallet, a multi-chain & multi-cryptocurrency decentralized wallet, organized a Twitter Q&A Session in collaboration with CoinEx Exchange. The questions centered on ViaWallet’s project ideas, unique features, security level, future development and partnership. Here are some of the questions asked during the session along with in-depth responses provided by the organizers. Overview 1. Can you briefly explain the main idea/purpose behind the ViaWallet project? ViaWallet is mainly designed to meet the demand for asset management. Right now, you can trade and store (short-term) crypto assets in any crypto exchange. Yet, we believe that the specialized storage and management of cryptos also matter, and there is strong demand for such functions, which is why we decided to launch ViaWallet. Compared to a crypto exchange, ViaWallet focuses more on the storage and management of assets. More importantly, the application is safer and meets the demand for asset security and management. The upgrades of ViaWallet have also been centered on such demands. To meet the demand for the management of different assets, ViaWallet rolled out a multi-chain/multi-crypto model. In ViaWallet, both the single-crypto wallet and the multi-crypto wallet are available. ViaWallet now supports 45 coins, spanning mainstream public chains such as BTC, ETH, CSC, TRON, Terra, Polygon, BSC, DOGE, and over 1 million tokens, covering most mainstream tokens, which meets the demand for the management of multiple cryptos. 2. How is ViaWallet different from other wallets? What makes it different? Compared with other wallets, ViaWallet has been optimized in terms of multi-crypto management, transaction experience, and security — the top three concerns among ViaWallet users. To begin with, ViaWallet is a multi-chain, multi-crypto wallet that supports 45 coins and over 1 million tokens, covering most mainstream cryptos. It is one of the best wallets in terms of the number of cryptos supported. Moreover, the list of cryptos supported by ViaWallet keeps getting longer. Secondly, ViaWallet features simple interactions, which are beginner-friendly. For many new users, crypto wallets are not easily accessible because they have no idea how such applications are used. Always putting users first, ViaWallet meets demands through enhanced functionalities while simplifying wallet-user interactions. Finally, ViaWallet promises enhanced security. As we all know, security is the top concern for asset management. From coding to product design, ViaWallet prioritizes its security. In a decentralized wallet, users have control over the private key, which means that assets are 100% controlled by users. To keep the APP safe and secure, we have also introduced a wide range of ensuring mechanisms, including app lock, security password, mnemonic phrases, ciphertext QR code, etc. 3. What are the major problems ViaWallet seeks to solve? As a multi-chain wallet, how does it intend to secure the assets of users especially due to the numerous transactions they will perform through the wallet? We are now trying to further improve the user experience while enhancing ViaWallet’s security and supporting more cryptos. Stay tuned for more updates! As a multi-chain, multi-crypto wallet, ViaWallet has to process massive transaction info, which is also a function that we prioritize. One of the advantages of ViaWallet is its ensured security and reliability, which enables satisfying user experiences. Firstly, in terms of product design, we have rolled out multiple protection mechanisms, including app lock, security password, mnemonic phrases, and ciphertext QR code, to keep the APP safe and secure. Secondly, ViaWallet is a decentralized wallet. In other words, you can get registered without providing any private information. Instead, you can use the APP simply by importing the private key/mnemonic phrases or creating a new wallet. Since we do not collect or store your private key, you will exercise 100% control over the assets. Apart from this, members of our R&D team are seasoned developers with job experiences in leading Internet companies and deep industry insights. As such, the coding of ViaWallet is highly reliable, and the team is also striving for more optimization to improve the APP’s performance. It should also be mentioned that ViaWallet is backed by a professional, multilingual customer service team, enabling more satisfying user experiences. Functions 4. What advantages/facilities does ViaWallet give its users? ViaWallet offers a safer and more easy-to-use option of asset management. First of all, ViaWallet provides a more secure and reliable approach to asset management. In this decentralized wallet, users have 100% control over their assets. In addition, it uses multiple measures (e.g. app lock) to keep the APP safe and secure when it is running. Secondly, ViaWallet features a simple, intuitive product design, which makes crypto wallets fully accessible to beginners. To us, the user experience is always a priority. ViaWallet always pursues more intuitive wallet-user interactions and will continue to do so in future upgrades. This will help new users get started with the APP soon after it is installed. ViaWallet offers all-inclusive services. The APP now supports 45 coins and over 1 million tokens, covering most mainstream currencies. Plus, the DApps on public chains such as ETH, TRON, and BNB Chain are all available in ViaWallet, spanning decentralized exchanges, decentralized lending/borrowing, synthetic assets, and other types of DApps. ViaWallet also provides customer services in multiple languages, which enables more satisfying user experiences. 5. Is it possible to stake $CET in ViaWallet? At the moment, ViaWallet does not support the direct staking of CET, but you can stake $CET through CSC DApps (e.g. IFPool) supported by ViaWallet. 6. What chains does ViaWallet currently support? ViaWallet now supports 45 coins, including BTC, ETH, TRON, CSC, NEAR, Terra, and Avalanche, and over 1 million tokens. Go to the ViaWallet website for the specific public chains supported by the wallet: https://viawallet.com/assets. 7. Is it possible to swap the coins with no liquidity added to the pool? Yes, of course. You can swap coins through our Swap function. At the same time, we also provide DApps like OneSwap, Uniswap, and SushiSwap that facilitate the swapping of assets. You can choose a swapping platform based on your own preference. 8. Does ViaWallet support decentralized exchange? ViaWallet now offers all kinds of DApps, including well-known DEXes such as OneSwap, Uniswap, SushiSwap, etc. Download ViaWallet now to experience the premium DApps: https://viawallet.com/download 9. Can you tell us some of your recent partnerships? How do you plan to make them better? ViaWallet has recently partnered up with SWFT, a cross-chain swapping platform, to enable the swapping of coins across multiple chains. In the future, we will announce more partnerships for the benefit of users and offer more satisfying services. In future upgrades, we will support NFTs, list more cryptos, and provide all-new interactive experiences. In the meantime, ViaWallet will be available in more languages and cover more fiat currencies to better serve users around the world while offering more convenience. 10. Do you have plans to include NFT projects in the future? The plan for supporting NFTs is already underway and will go live in a new version that will soon be released. The first NFT-supported version will feature services such as the storage, transfer/receipt, and inquiry of NFTs. Additionally, we will also list NFT-related DApps such as OpenSea to help you trade NFTs. Stay tuned for the next update to try out the latest features of ViaWallet ahead of others! Brand & Community 11. Why did you choose this name “ViaWallet”? Can you explain the meaning behind it? The launch of ViaWallet is backed by the foundation laid by ViaBTC Pool, a world-leading crypto-mining service. As one of the major subsidiaries of ViaBTC Group, ViaWallet is committed to the vision of “Via wallet, linking you to the future finance”, which is why the APP is named ViaWallet. 12. How did you get the community involved in developing the project? How do you build a strong community to grow globally? Here at ViaWallet, user feedback is always a priority. In 2021, we introduced a new function called “Suggestions” (at the “Me” page in the APP) to encourage users to give us advice and feedback about user experiences. This new feature allowed us to listen to the users, and we have taken much of their feedback to heart and will adopt the valuable suggestions we received. If you have any suggestions while using the APP, please feel free to let us know. In addition, we have built a customer service team to help users solve problems through tickets, emails, Telegram messages, etc. After reviewing the issues, the team will create the corresponding solutions to offer smoother and more stratifying product experiences.      

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The difficulty adjustment for Bitcoin mining posted its first negative adjustment for 2021, dropping 1.5%.

Given that there’s been a surge in the “social” aspects of crypto i.e. NFTs, monetization of content, and generally speaking the exposure of crypto in the public, do you think decentralized social platforms might actually take off? Hive, Steem and the like have been around for many years but they’ve not really taken off in…
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Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing in the way of you and your loved ones’ well-being […]

Bitcoin price action goes from $45,000 to $40,800 in 48 hours thanks to an increasingly volatile macro environment.

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On March 2, the global music media brand Billboard announced the firm has partnered with Universal Music Group (UMG) in order to launch a non-fungible token (NFT) project called Chartstars. According to Billboard, the Chartstars project will be Billboard’s first NFT product focused on music fans, as Chartstars aims to “commemorate achievements and milestones on […]

Getting in on exclusive new NFT drops and bagging a rare collectible for next to nothing is the new-age way of rolling up in a brand new Tesla. But how do people get early access to NFT launches, and how can you get whitelisted for them? While the concept of whitelisting is fairly simple, how it pertains to NFTs might be tricky for those new to this space. In this short guide, we will cover what an NFT whitelist is, the benefits, and how you can get exclusive access to the world’s best artists and creators, one-of-a-kind experiences, and curated drops. What is an NFT Whitelist? Getting whitelisted is like receiving an exclusive VIP entry ticket to a product launch event. Product launches are all about creating hype for an upcoming product, and these events usually invite and feature loyal customers, investors, bloggers, influencers, and the media. When you’re invited, it doesn’t matter who you are; you are not getting through without a pass. You get that pass when you submit certain identification papers. However, in the world of NFTs, whitelisting involves a pre-approved list of wallet addresses. So an NFT whitelist is, in simple terms, a pre-approved list of cryptographic wallet addresses that have been allowed to gain early access to mint tokens, and this early access period only lasts for a certain amount of time. Benefits of Whitelisting So how does whitelisting benefit you? 1) Get guaranteed access to mint Everybody wants to buy NFTs, but not everyone can… because they keep getting sold out! Good projects attract a lot of attention, so buyers rush to mint tokens as soon as they launch. Therefore, your chances of getting in are slim to none. But getting early access solves this problem and guarantees that you’ll get your virtual mittens on what you like! 2) Buy rare tokens Getting in during a project’s minting process is your chance to get your hands on rarer tokens in a collection that could increase in value after it’s open to the public. 3) Avail discounts Projects also reward members on their whitelist with discounted minting process, which benefits both you and the creator! This means you pay a lower price, and the public sees the number of tokens being minted which raises trust in the project. This has another benefit for buyers: you can flip the NFT for huge profits! The concept of buying low and selling high applies to the digital art world as much as the physical art world! 4) Pay lower gas fees When you’re on the whitelist for an NFT drop, you can choose a specific time you’d like to mint your tokens. Since the transactions are done in different time windows, it’s spaced out, allowing less traffic on the network and resulting in low gas fees. How to get NFT Whitelist spots Now the big question – how can you get on the whitelist for the next biggest project? Getting yourself on whitelists involves some research and community engagement. You will have to find upcoming and new NFT projects that look promising and spend some time in the project’s Discord server looking through discussions and getting a sense of the scope and possibilities. Here is where you’ll also find news and information on launch dates, the benefits all members get, and other important information. Or… you can skip the line and the research and join the WHITELIST, by the Art on Internet  (AOI), which gives you early and exclusive access to the best of what artists and creators in the NFT space have to offer. WHITELIST gives away a collection of 10,000 passes, and its receivers all get whitelisted for 1 million new NFT giveaways. Members can collect multiple passes to increase their rankings in the Top 1000 Leaderboard and get access to the AOI Metaverse, the chance to apply for a collaboration with the artist, and, of course, early access minting. You also get access to a private Discord channel, where you can discuss upcoming projects and their possibilities with like-minded NFT-lovers and artists. As if those member benefits weren’t enough, AOI also holds monthly giveaways from the AOI vault, which gives members of #The1000 the opportunity to win rare collectibles. Conclusion If you’re looking to get into NFTs, there is no better year than 2022, but the competition is fierce! Your best hope of getting something truly valuable without paying exorbitant gas fees is getting whitelisted for new and exciting drops. Platforms like AOI take the guesswork and research out of the process and hand you exclusive access to the biggest drops in the world. This not only betters your chances of obtaining a rare NFT, but it is also the more financially sound option in the long run!