Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Ethereum Arrow Glacier Upgrade

Ethereum Arrow Glacier Upgrade Arrow Glacier is the 3rd network upgrade planned for the proof of work chain of the Ethereum Network in 2021. ETA: December 8th, 2021 at Block 13,773,000 Learn about EIP included and the history difficulty bomb – https://medium.com/ethereum-cat-herders/ethereum-arrow-glacier-upgrade-e8d20fa4c002 submitted by /u/poojaranjan19 [link] [comments]

How to Invest in LuxFi – the Luxury Asset-Backed NFT Marketplace

For many people the luxury market is out of reach. However, with LuxFi, that is no longer the case. The platform combines blockchain technology, NFTs, and a luxury goods market open to anyone, anywhere. LuxFi will mark a significant shift in the way luxury goods are traded, and how people acquire them. LuxFi is at […]

Solana Ventures, Lightspeed Venture Partners and FTX launch $100M gaming fund

The intersection between blockchain technology, cryptocurrency and gaming is creating a new reality for gamers.

Bitcoin only needs to break $64K to run to new all-time highs — Analyst

The crunch point for Bitcoin bulls is closer than you might think, argues Michaël van de Poppe.

Polkadog Returns to the Market – And He’s Brought 10,000 Smart Friends Along With Him…

Einstein – also known as the Smart Dogs Society – is a new project launched recently by cryptologists, Polkadog, their latest canine-themed venture allowing investors to earn and win big with its ‘back from the future’ innovative NFT lottery. And, as always with this bunch of barkers, there’s plenty more to Einstein than first meets the eye. What can you expect with this latest crypto project from Polkadog? It’s difficult not to have noticed the sharp rise in popularity of NFTs – or non-fungible tokens – digital assets that live and trade in the crypto sphere. Einstein offers a complete ecosystem made up of five individual smart contracts incorporating a token, staking, yield farming, lottery and exclusive NFT collection. For 200 days, investors can win one of 50 unique NFT collectibles every day using points awarded for staking or farming their $Einsteins, with more activity (higher values over a longer period) generating more points and upping their chances of a win. It’s an exclusive opportunity the team calls an ‘invest, win and earn’ loop. Buying $Einsteins, and then putting those tokens to work ensures its supporters a two-pronged approach to an income, winning NFTs (themselves, a potential earner on the open market) while earning a minimum of 20% or 60% respectively for staking and farming. Plus, holding NFTs gives their winner more earning potential, unlocking entry to secret lotteries and token airdrop rewards. Why is it a loop? By reinvesting additional $Einsteins awarded, community members give themselves an even greater winning potential from the daily lottery. And so on. What else is unique to project Einstein? Its NFT collectibles – 10,000 in total – each one an individually-designed fictional canine character belonging to one of four breeds: Urban, Aqua, Cosmic and Roamer. Within each breed, you’ll find different collectible levels from ‘Puppy Dog’ (level 1) to ‘Top Dog’ (level 5), with the latter being more scarce and the favorites everyone will be keen to win. You can take a sneaky peek here at the four NFT breeds available to collect. The lottery is due to launch in November, kicking off with an airdrop competition to give the community a head start on collecting points for free – in exchange for spreading the word about Einstein on their social media platforms, which is fair. For those amongst us keen to get going collecting lottery points today, the Einstein token is available to purchase on PancakeSwap with staking and farming both open for business. So, no need to wait for the official launch if you prefer.  

Akita Inu token on Algorand blockchain is now up over 2,000% on the daily

https://tinychart.org/asset/384303832 https://app.tinyman.org/#/swap?asset_in=0&asset_out=384303832 Akita Inu seems like it could be Algorands very first successful meme coin. Currently it has a market cap of almost $3M and a liquidity of $130k. Both the market cap and liquidity has grown from almost nothing in 24 hours. The creator has also been issuing NFTs of the logo. This bull…
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Nervos debuts mainnet beta layer-two blockchain project

Following the roll-out, the platform is now welcoming Ethereum blockchain developers to build upon Nervos Network in a bid to broaden its DApp ecosystem.

Dexsport – Betting on the Blockchain

Decentralized betting is taking over the world. Powered by blockchain and smart contract technologies, this new breed of online betting platforms vastly improves the quality of services provided to users. Although the online betting industry continues to expand 9% annually, if we take blockchain out of the equation, not much is being done in terms of innovation. Also, users don’t place much trust in online betting platforms, and with good reasons. There are countless stories of users receiving big prizes only to get their accounts frozen or be unable to withdraw the funds. Blockchain can help solve this issue and bring increased trust and transparency to online betting. Let’s see how exactly. Advantages of decentralized betting One of the earliest innovations in blockchain betting was the creation of the provably fair games. Probably fair is a method through which users can verify the random number generator, the algorithm responsible for creating the randomness of every bet. This algorithm is hidden in traditional online betting platforms, and users have no way to verify that the house is being fair. Later on, with the advent of Ethereum and smart contracts, further transparency was added. Any bet made is now written into a smart contract, making it so all transactions can be seen and verified on the blockchain. The whole betting system is made trustless, effectively eliminating the need for middlemen and cutting down on costs for users. Blockchain also helps enhance security. In decentralized betting platforms, users keep funds in wallets which they have complete control over. Problems like geoblocking are also circumvented since there is no central server, but rather a collection of nodes spread around the world that keep the network online. Users can also maintain their anonymity and financial privacy, as they won’t be required to share personal information or verify their identities. Another exciting use case, made possible by smart contracts, is the ability for users to create bets under their own terms and have others participate (P2P). In short, the house is not at the center of betting anymore. Blockchain reshaping the betting industry The betting industry is monopolized by a small number of companies, which keep the cost of betting relatively high due to restrictive legislation and substantial fees. The barrier of entry is also a problem, as geoblocking and KYC policies keep certain users from participating. However, the disruptive potential of blockchain can help usher in a revolution. Self-regulated betting platforms can be the new face of betting, operating as decentralized autonomous organizations (DAOs) that are democratically open to everyone and can run autonomously, independent from any regulatory restrictions. About Dexsport Dexsport is an innovative project that changes the way users think about betting. The platform is a DeFi prediction platform that includes: sports betting, play-to-earn games betting, prediction market, P2P prediction on cryptocurrency rates, and NFT marketplace. The Dexsport ecosystem caters to users interested in betting and blockchain enthusiasts and investors interested in putting their money in a common liquidity pool. To learn more about Dexsport, stay updated on all our developments, visit our Website, and join us on Twitter, Instagram, LinkedIn, and Telegram Group.  

The World’s First Decentralized Search Engine for Web3 to Be Launched at the Blockchain Conference in Lisbon

The content-based search engine built on the Cyber protocol is designed to operate with a new type of web interaction. The launch of the genesis ceremony of a bootloader network Bostrom is planned for November 5th at 13:00 GMT. Online translation will be available at cyb.io/genesis  and held at the conference Cosmoverse in Lisbon. In contrast with centralized search engines like Google, in the decentralized search engine Cyber, the links to the content are presented in the global knowledge graph where peers exchange information in a pure p2p fashion. This approach deprives traditional search engines of their power over the search results: in Web3 there will be no place for opaque search index algorithms, there will be no need for web crawlers that collect information about content changes, censorship or the vulnerabilities that are connected to the potential loss of confidentiality. “Web3 architecture assumes the links are direct to the content itself and not to the IP address or domain where the content is stored. Cyber is the response to the unfair domination of several major corporations that occupied the web searching niche. Users of the decentralized search engine will be able to search for the content by hash. After a user finds the content and it has been downloaded, the user becomes another node that distributes the content. It all resembles how Torrent networks work”, shared the team of the project Cyber. The content becomes registered in the knowledge graph of the Cyber protocol via the transaction with the Cyberlink. Unlike hyperlinks that link servers, cyberlinks are links between data. Thereupon, the transaction is validated with the Tendermint consensus algorithm and the Cyberlink is included in the knowledge graph. Every five blocks Cyber ranks the content in the knowledge graph based on the CyberRank algorithm that successfully stands against spam and Sybil attacks. To get V tokens (volts) that allow indexing the content and A tokens (ampers) for ranking, it is necessary to store for some time in the wallet the H tokens (hydrogen) which are the products of the liquid staking of the main token of the network (BOOT for Bostrom and CYB for Cyber). In that way, by having a network token, Cyber users will be able to access the knowledge graph resources and get staking income similar to the ones that are implemented in such networks as Polkadot, Cosmos, and Solana. Cyber’s mission is to create the Superintelligence.

American grocer Kroger says Bitcoin Cash press release was fraudulent

A fraudulent statement claimed that Bitcoin Cash would be accepted at over 2,000 grocery stores in the United States.