Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

How do Flexa Network payments using AMP as collateral actually prevent fraud?

The way I understand it when a transaction is reversed AMP is liquidated from the pool of stakers, distributing the loss and thus decentralizing the risk of fraud while providing security to merchants. But what happens to the fraudulent actor? Do I just get a free coffee (or car, or house)? For instance, what's to…
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ELI5: Is ETH a toll road?

None of my ETH owning friends can answer this so maybe someone here can. Catch me if im wrong here. Also Im not trying to be an ass i just genuinely dont know much and cant find info about this. It seems to me that hypothetically Say I am a healthcare tech company looking to…
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2 blocks within 1.5 hours with 550Mh/s after 1.5 weeks of nothing

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

Popsicle Finance, update on the Bullish Migration. Multi Chain DeFi Liquidity.

submitted by /u/MrCoffeeGuy420 [link] [comments]

NEAR Records 70% Rally On Terra Integration, Will It Close The Year In Profit?

During December, highly scalable blockchain Near and its underlying asset has experienced an important rally. Coming in hot from a monthly low at around $6, the NEAR token currently trades at $15,37, close to its all-time high north of the $16 mark. In the past 7-days, according to data from Coingecko, NEAR has record a 71.5% rally and an 87.4% increase in the last 30 days. The team behind the protocol has been announcing improvements and partnerships that have contributed with this token’s trend to the upside. Related Reading | LUNA Hits ATH After Astroport’s Deployment, Why Terra Could Continue Growing In 2022 Terra’s UST stablecoin integration with NEAR and the Aurora ecosystem has been a highly expected event by users. Per an official post, the integration was facilitated by a partnership with NearPad, an Aurora DeFi gateway, and Rose, a liquidity and stableswap borrowing protocol running on the same ecosystem. The team behind NEAR believes the partners will be able to strengthen the Terra ecosystem and stablecoin UST as they become more adopted on Aurora. In that sense, users will have several new use cases that will be able to leverage including moving assets from Aurora to Terra or any other compatible blockchain. Users will be incentive to participate and to provide UST liquidity on the aforementioned ecosystems. Aiden Knox, founder of NearPad and Rose claimed the following on this integration: Partnering with Terra to bring UST to ecosystem to our community will be a big step towards growing the Near and Aurora ecosystem. I’m excited to be working closely with the Terra team to not only bring UST to NearPad and Rose, but also for the deeper integrations and collaborative projects this partnership enables. NEAR To Support One Of The Fastest Growing Stablecoins The Near protocol has been working on its interoperable capabilities as the project aims to support a “multi-chain future”. In that way, users will be the most benefits as more use cases, and applications become accessible, and they can reach any asset or projects in different networks. Co-Founder of NEAR Illia Polosukhin said: NEAR has been built for simplicity, security and scalability. Stablecoins like UST provide a simple interface to store value and interact with apps which need to use a stable unit of account. Recently, the Terra ecosystem implemented several major upgrades on the mainnet with provides it with interoperability, and a burning mechanism for its underlying asset, LUNA. As NewsBTC reported, this network has taken the crypto industry by storm. Related Reading | Terra Begins LUNA Burning, Why It Could Target $140 In addition, Do Kwon, one of Terra’s founders, recently celebrated the expansion in UST as the stablecoin reached a $10 billion market cap. Thus, it has become the largest decentralized stablecoin which demonstrates, according to Kwon, that “there is no more doubt in the product market fit”. Congrats to @terra_money on reaching $10bn outstanding. Amazing achievement, but will seem small compared to what will be accomplished in the coming years. Long live decentralized stablecoins. Long live @terra_money. https://t.co/3Uz2ZYFAWz — Peter Johnson (@TheChicagoVC) December 26, 2021

Decided to try my luck on solo mining

submitted by /u/Or1gin91 [link] [comments]

Noob question about gas fee

I have some ETH in my Coinbase Wallet that I wish to buy 0xBTC for, but I have to pay the equivalent of 100$ in gas fee to buy 500$ worth of 0xBTC… Am I doing something wrong or misunderstanding something? To me it seems a bit unfair to pay 1/5 in fees. submitted…
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What will the halving do to pool miners?

I’ve been mining in a pool for a little while since I only have 1 graphics card and at the moment I am earning about 16 rvn a day. Once the halving happens will my profits be 8 rvn a day or still 16 since its in a pool? submitted by /u/Kyle3Hix [link]…
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3 end of the year tips if you racked up an insane tax bill in 2021

2021 was huge for the crypto ecosystem, and there’s a good chance many of you reading this probably saw big gains during the year. If this is you, then congratulations! However, if you were actively buying and selling and not passively holding, there’s a good chance that you probably have an insane tax bill to…
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