Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com

On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining capacity. Bitcoin Mining Infrastructure Firm to Increase Capacity With Help From Blockchain.com Cryptocurrency mining, […]

You shall not pass: Tolkien estate blocks ‘The Lord of the Rings’ JRR Token

The time of the JRR Token has come, but it wasn’t able to defeat the Tolkien Estate in a ruling that has forced the project to shut down and cease trading.

Everything proposed by “the metaverse” is worse than alternatives that already exist

Let's look at Zuck's pitch video, for example. In the metaverse you can… Play poker with your friends There are already plenty of ways to do this online, right in my browser. If I really want to see my friends' faces, we could setup a zoom call while we play, and I can see their…
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Pour one out for your boy

Well, as stupid as it is and I know I'm pretty dang dumb for this. I lost my Raven wallet and backup for it which I am actively mining to. I saved the 12 word phrase both on my phone and my PC… Only issue is, I sold both like a dumbass and completely forgot…
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Chimeras Announces NFT Sales for in-Game Assets

PRESS RELEASE. Chimeras is announcing a brand new collection of NFT-based characters for sale on INO platforms and its marketplace. November 23rd, 2021, Kyiv, Ukraine – Play-to-Earn gaming metaverse Chimeras is launching a brand new collection of NFTs based on in-game characters. There are two types of characters in Chimeras’ in-game world – Chimeras and […]

The Panthira exchange is very close to completing the listing for RVN.

submitted by /u/Funkoma [link] [comments]

Earn Passive Income on Crypto Assets with BNBMatrix

Decentralized finance technology allows you to raise revenue on the blockchain. So, no regulations and hassle of dealing with banks, brokerages, etc. Instead, the decentralized finance (DeFi) ecosystem entirely depends on blockchain smart contract dapps where you can directly deposit, withdraw and earn profits through yield farming without the involvement of a third party. Yield farming is a great way to earn passive income through crypto-assets. You lend or stake crypto to earn interest. As yield farming is a top crypto investment trend in 2021, the number of decentralized applications (dapps) is also increasing. These dapps run on a blockchain or peer-to-peer network. If you want to invest in cryptocurrencies, it is time to find a reliable and safe dapp on the Binance Smart Chain (BSC). Let’s introduce one of the best yield farming smart contracts that will revolutionize the DeFi space, i.e., BNBMatrix. BNBMatrix – A Safe Dapp for Yield Farming BNBMatrix.io is a smart contract-based BNB yield farming dapp on BSC that claims to give high returns of 119% to 234%. BNBMatrix promises a stable and high yield on your investment which can be as low as 0.01 BNB. Features of BNBMatrix Here are the key features of BNBMatrix: 1. High-Profit Margins  BNBMatrix yield farming earns depositors daily rewards ranging from 7.8% to 17% (depending upon the deposit period of 7 to 30 days). Thus, the total ROI is 119% to 234%. For example, if you lock your BNB for 30 days, you get a 7.8% ROI. This makes BNBMatrix, the highest ROI yield farming dapps on BSC. 2. User-friendly  BNBMatrix offers a simple, clean, and uncluttered user interface which makes it easy to use this dapp. 3. Quick Deposit and Withdrawals BNBMatrix has quick deposit and withdrawal processing. Users have to connect their decentralized wallet either by scanning the QR code or directly logging on to the desktop. BNBMatrix supports 4 different BNB wallets on desktop browsers and 64 wallets on mobile browsers – including Ledger Live, Infinity Wallet, Encrypted Ink, and Wallet 3. 4. Safe and Secure  BNBMatrix is 100% safe. The platform has been audited by Haze Crypto and is declared secure for BNB yield farming in the BSC network. The audit concluded that BNBMatrix has no backdoors, vulnerabilities, or scam scripts. 5. 24/7 Customer Support 24/7customer service is available to assist users via Telegram and other social media channels. 6. Referral Program BNBMatrix has a referral program for users. After investing, users will receive a referral link to share with friends. BNBMatrix pays an 11.5% referral commission over 5 levels Level 1: 5% Level 2: 3% Level 3: 2% Level 4: 1% Level 5: 0.5% Reputation Even though BNBMatrix is still relatively new, it has already made a name for itself. In just the first fifteen days, it attracted deposits of more than 2000 BNB. Moreover, in fifteen days, BNBMatrix already has more than 9000 BNB deposits! Conclusion The conception of cryptocurrency led to the development of innovative DeFi services – the most recent and popular being Yield Farming. Despite the recent dip in Bitcoin, yield farming has been the fastest growing crypto investment trend in 2021. Crypto enthusiasts have been inspired to experiment with alternative cryptocurrencies such as Ethereum, Litecoin, and Binance Coin (BNB). Thus, more and more people want to invest in BNB yield farming and, BNBMatrix.io is one of the promising options to do so.   Image: Pixabay

Central Bank’s Targeting of P2P Crypto Transactions Forces Startup to Quit Nigeria

The Nigerian startup behind the social payment app for cryptocurrency and fiat, Kurepay, says the Central Bank of Nigeria (CBN)’s current crackdown on crypto entities has forced it to suspend operations in Nigeria. ‘Horrible’ Year for Crypto Adoption According to a report by the Cryptoassetbuyer, this suspension of operations is set to commence at the […]

Commonwealth Bank of Australia recognizes risks in missing out on crypto

“We see risks in participating, but we see bigger risks in not participating,” said CBA CEO Matt Comyn on the bank’s recent crypto adoption play.