Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Alternatives to Wyre?

I'm trying to buy some ether with my bank card. The two alternatives I know of are transak and wyre. Transak does not work for me because it requires KYC, which is a no-go. Wyre through, takes me straight to the payment processor without any fuss. The problem though, is that wyre has the wrong…
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The Ethereum FUDBuster – An Attempt 1

Hey everyone, so I decided to take some time to address some of the common FUD that has been thrown into this subreddit with hopes it may help some newbies into ETH to at least understand the whole context to the FUD that is used usually by Bitcoin Maximalist. I will definitely make mistakes, so…
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I think Ethereum has become an elitist blockchain

PS: I'm not here to shill any coin. But unless drastic changes take place soon, I consider Ethereum to have failed in this regard despite being the smart contract leader for so long. This is mainly due to high and ridiculous fees. It has somewhat become an elitist network which only rich people can used,…
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Minted some cool art on Rarible please go over and support me. Thank you.

Minted some cool Pieces of art on Rarible please come over and support me on my journey on the Ethereum network. Grateful. submitted by /u/kayaknile [link] [comments]

For French speaker, or translators users: Se lancer dans la Defi – How/Where to start on Defi

Comment démarrer dans la Defi cryptoouf.com/tutos/comment-demarrer-dans-la-defi ​ ​ https://preview.redd.it/azfsqw0tkvi71.png?width=900&format=png&auto=webp&s=d69d5f571358df2a1f854c9f52d94fcd211becc4 submitted by /u/cryptouf [link] [comments]

Is it pointless to buy ether or any other crypto currency now?

Let's say ether goes to 7000$. Even though that's an increses in more than 3000$, that's just multiply by two. So if you had invested 10$, you now have 20$. That's the same as ether going from 1$ to 2$. Ether has increses it's value by x3000, that won't possibly happen again. Isn't the best…
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People only say Eth, because they can’t spell Etheriuem properly.

And I’m sure you’re in the same case! submitted by /u/Crypthomie [link] [comments]

Why Chinese Banks Are Adding Digital Yuan To Apps? Here’s What You Need To Know

The Chinese Central Bank Digital Currency (CBDC) is progressively spreading out to more users. This can be seen as 35 banks in China include the digital Yuan in their mobile apps. According to a local report, the digital RMB App reveals a recent addition of more banks to the interface. Before now, the digital app only had 6 state-owned banks. Furthermore, these added banks now have access to the digital renminbi App to recharge digital RMB wallets. The banks include city commercial banks, joint-stock firms, rural commercial banks, rural credit cooperatives, and others. Related Reading | Bitcoin Bull Cathie Wood Attracts Big Short Michael Burry To ARK Innovation ETF Also, the report from Shanghai Securities Journal states that both small and medium-sized banks are embracing digital currency. The state-owned journal explained that these financial firms are striving to avail e-CNY services to their clients. How The Digital Yuan Testing Has Progressed From the initial testing of the digital yuan in the country, the process had only the prominent Chinese 6 state-owned banks. Subsequently, as more adoption of cryptocurrency flow into several mainstreams, the testing includes more firms. As a result, financial organizations such as city banks, joint-stock companies, and rural credit cooperatives constitute the recent 35 banks in the testing. In the same vein, 94 banks are planning to embed the digital yuan. The local report includes 3 foreign banks,15 private banks, and 76 city commercial banks. They plan to utilize a new clearing platform to access the digital yuan. Furthermore, the report discloses a private Shanghai-based firm, City Bank, that built the clearing platform. City Bank Clearing is a reputable platform in the financial industry, and it also provides outstanding financial technology. Related Reading | SushiSwap Narrowly Escaped A $350 Million DeFi Hack, Here’s How Moreover, the report mentions that JD.com, an e-commerce giant, has successfully undergone CBDC testing on its platform. Before now, the company participated as well as funded trials in readiness for its testing. It’s making a move to meet the demands of its business customers. The recent activities indicate more expansion of digital yuan trials across the country. Due to the popularity of cryptocurrency, more companies are opting for digital yuan testing. Even the People’s Bank of China has indicated its interest in the test during Beijing Winter Olympics in 2022. Featured image from Pixabay

2.0

is this also the sub for ETH2 cuz only cuz i have 1 now… submitted by /u/immortalbentley [link] [comments]