Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Withdraw Ethereum from Binance to Trezor Wallet, rejected

Why would this withdrawal have been rejected? I sent it over ERC-20, and have done it once before without issues submitted by /u/BrisPoker314 [link] [comments]

Ether at $17,000, $56M for BitConnect Victims, Post-KYC Binance

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

Get Ready! An Extra Signal Drop and Bonuses Are Coming at StormGain on Black Friday

Black Friday is almost upon us, and the world is preparing to snap up bargains during the year’s biggest shopping holiday. But Black Friday isn’t just a time to save money. At StormGain it’s also a time to make money. StormGain will be running a special Black Friday promotion for the whole week starting Monday, 22 November, and ending on Sunday, 28 November. The main perk of Black Friday Week will be a special trading signals drop to users’ accounts. StormGain trading signals are based on technical analysis tools and provide easy-to-digest tips on crypto movements to help you quickly jump on trade opportunities. Don’t miss out on this chance to supercharge your trading and profits! What kind of deals can I expect? StormGain clients who have previously made a deposit on the platform have to make a Bitcoin trade with the maximum leverage during the Promotion Period. After that, they’ll receive a free trading signals drop on Black Friday itself (26 November). Additionally, clients who deposit 50 USDT or more will receive double the signals and a 10% bonus on top of everything else! Clients who have yet to fund their account can make their first deposit of 50 USDT or more to receive a trading signals drop on 26 November and a 20% bonus. All participants will receive between 5 and 10 signals on Black Friday (26 November) via push notifications. Bonuses will be credited to participants between 29 and 30 November. Should you buy the dip? How to use StormGain’s Black Friday promo for maximum profit To make the most of the extra trading signals, it’s important to prepare to actively trade during this time and take a look at current market trends. Bitcoin is on the decline following a drop from the recent all-time high of $69,000, leading to many calls in the crypto community to ‘buy the dip’ as the top crypto currently hovers around $60,000. Bitcoin believers have been vindicated in the past, as Bitcoin has fallen a few times in recent years, only to bounce back and hit new highs. The trick is timing the bounce to catch the rebound. And what about altcoins? As much as many altcoins present improvements on Bitcoin’s system, the truth is that their value tends to remain tied to the original cryptocurrency’s. Where BTC goes, other coins tend to follow. As such, with few exceptions (such as Avalanche or ARC Governance Coin), Ethereum and other BTC competitors have also dipped and are also likely to bounce back, though perhaps not at the exact same time. That’s where the extra trading signals come in handy. To make the most of market movements during Black Friday week, you’ll need to be on the ball and aware of many different crypto pairs’ short-term activity. The trading signals drop will do a lot of the work for you, allowing you to trade more effectively and efficiently. Get ready for Black Friday trading! Don’t forget to trade BTC with the maximum leverage and/or make a 50 USDT+ deposit during the promotion period to take advantage of this special opportunity to maximise your gains. If you’re not a StormGain client yet, sign up in just a few seconds to qualify for the bonuses and enjoy trading on the crypto platform with the best perks in the business. Remember, you have to accept the invitation to get into the game. Make sure you turn on email and push notifications from us and keep an eye peeled for the promotion start!

I’ve been using defi for a year now. Here’s my take on the Good, Bad, and Ugly of Defi

The Good No more <1% interest rates, no more management fees, no more discrimination, no more paperwork, and no more long lines. And you can actually beat inflation with passive income and living off of interest. Bonus points because you can do so while being invested in crypto. With Defi you can Be Your Own…
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Congratulations on your first Selling Low, Buying High experience! You paid the price for your education!

How do I know that some of you sold Low then bought high again? Because I did the same in my first dip in May! This is just human emotions take charge of everything,FOMO was kicking hard when BTC was over 65k ,everything was in green and thought It would just only goes up and…
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Building multichain is a new necessity for DeFi products

Web 3.0 will be a multichain mosaic, and the winning DeFi projects will be those that build experiences connecting as many blockchains as possible.

Unlock your old MEW/Parity Wallet with your Parity Phrase

After using the instructions from https://www.reddit.com/r/ethereum/comments/bd5dys/restore_parity_wallet_from_mnemonic_option_not/ and Downloading https://github.com/MyEtherWallet/etherwallet/releases/tag/v3.9.0 paritywallet. I opened the index.html file with VS Code as a live server as well as locally; it would allow me to Decrypt the wallet successfully with the parity phrase but, would not load eth balance in Wallet or Connect the Any eth networks So this…
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Floki Inu Cryptocurrency Ads Under Investigation in UK

The U.K.’s advertising authority has launched an investigation into advertisements for the cryptocurrency floki inu (FLOKI). The ads, titled “Missed Doge? Get Floki,” have appeared on London buses and the underground. The team behind the floki inu ad campaign says the advertisements are “legally cleared,” and the advertising authority’s action is “an attack against cryptocurrency […]

Jack Dorsey’s TBD Presents Whitepaper For Decentralized Bitcoin Exchange

The first product of the Bitcoin-focused TBD will be tbDEX. A decentralized exchange that they deem “A Liquidity Protocol” in the recently released whitepaper. The Bitcoin network is permissionless, anyone with an Internet connection can jump in at any time. However, the Fiat world we live in is not. The banking system has endless requirements for participation, and those leave a high percentage of the population bankless and vulnerable. “We believe that the economy should be inclusive. We need to build on-ramps to this future where everyone can access and participate in the economy,” says TBD in the post that announces tbDEX. Related Reading | Jack Dorsey: Square Could Build Bitcoin Mining System A subsidiary of Jack Dorsey’s Square, they created TBD “with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services” for Bitcoin. And now, they have a plan.  What Is TBD ‘s Value Proposition? The tbDEX aims “to build bridges between the fiat and cryptocurrency worlds,” that much is clear. We still live in a Fiat world and, if Bitcoin is going to succeed, we need new, simpler, and cheaper ways to interact with said world. “There are serious challenges to realizing this vision. Fiat rails are regulated, and no interface with either the traditional monetary system or “real world” can be completely trustless.”  So, what solution does TBD proposes? The tbDEX will allow participants to interact and transact with each other like Bisq and similar projects. However, TBD will also let users “mutually and voluntarily rely on trusted third-parties to vouch for the counterparty.” In the whitepaper itself, TBD contemplates that Participating Financial Institutions or PFIs will be part of the network.  “PFIs can be, but are not limited to, fintech companies, regional banks, large institutional banks, or other financial institutions; PFIs have access to fiat payment systems and the ability to facilitate fiat payments in exchange for tokenized cryptocurrency assets or vice versa.” The tbDEX will provide financial institutions with tools for KYC and AML procedures: “The protocol will also carry the required regulatory-clearing information required by PFIs to conduct their AML and KYC checks before they provision liquidity to the wallet owner. However, the necessary information may vary based on the jurisdiction.” Wait a minute… a decentralized exchange that requires KYC? What would be the point of that? Well, the protocol doesn’t require KYC procedures, but some institutions might. The good news is, participants don’t have to deal with those institutions if they don’t want to. They can just interact with each other and establish trust in other ways.  BTC price chart for 11/20/2021 on FX | Source: BTC/USD on TradingView.com The Cost Of Anonymity This is where it gets interesting. According to the whitepaper: “The tbDEX protocol facilitates decentralized networks of exchange between assets by providing a framework for establishing social trust, utilizing decentralized identity (DID) and verifiable credentials (VCs) to establish the provenance of identity in the real world.” It’s important to notice that “the protocol itself neither collects nor records any personally identifiable information.” However, if a participant wants anonymity it’s his or her responsibility to optimize for it. Once again, the whitepaper:  “Our goal is not to maintain anonymity of transactions at all costs. Nor is it to undermine an individual’s ability to optimize for anonymity. Nothing in principle precludes anonymous transactions for financial privacy on the tbDEX network. A PFI could, in principle, require no VCs, but such transactions would represent a high degree of risk to the counterparties.”  To assume that risk costs money. It’s as simple as that. The announcement post puts it nicely. “Transaction costs are ultimately driven by risk. At maximum anonymity, transaction costs will necessarily be higher; at maximum disclosure, they should be lower. This approach to price discovery allows the marketplace to find the right balance.”   Related Reading | Is Hyperinflation Inevitable? Jack Dorsey Says It’ll “Change Everything” If You Have A Suggestion, Send It To TBD The whitepaper is a rough outline of that tbDEX will eventually be. “This initial draft of the whitepaper is meant to establish a conceptual understanding of the high-level design of the proposed tbDEX protocol. It should not be considered complete or final. It represents a proposed design for public comment.” If you have any suggestions, contact TBD via Twitter or send them a pull request on GitHub. Featured Image: tbDEX diagram from the whitepaper | Charts by TradingView

Who else here isn’t a whale?

A lot of times you see people here with comically large sums of money invested into crypto. Some people will throw 5 times what you owe in a single purchase. Yet a lot of us are also small potatoes in terms of money spent on investing in crypto. Anyway personally I'm certainly no whale though…
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