Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Where do you stake Etherum?

Do you put in liquidity pools or places like NEXO? What is the easiest/best option? Thanks! submitted by /u/chester-chewy-1 [link] [comments]

Jack Dorsey isn’t Twitter’s CEO

Jack quit being Twitter's CEO: https://nitter.net/pic/media%2FFFX1IQ0WUAEqaLH.jpg%3Fname%3Dorig submitted by /u/TimDaub [link] [comments]

Fighting for Web 3.0: Digital wallet wars are the new browser wars

The same way the browser became the window into the early internet, digital wallets are becoming the interface for the decentralized internet, or Web 3.0.

FBI Collaborates With Citibank, Sony, Japanese Authorities to Seize $180 Million in Bitcoin

The Federal Bureau of Investigation (FBI), in collaboration with Citibank, Sony, and Japanese law enforcement, has taken action to “return more than $154 million in funds that were allegedly stolen from a subsidiary of Tokyo-based Sony Group Corporation.” The U.S. Department of Justice detailed: “As a result of this coordinated effort, investigators obtained the ‘private […]

Where did all the Bears go that were claiming we are going into a Bear Market?

Like seriously. I was seeing so many people capitulate and switching from PermaBull to PermaBear after we went down to $45k. There was even this one post calling we were going to $42k before going back up. I was even seeing a few YouTubers calling $30k again like I was in shock that some people…
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Bitcoin finally woke the fuck up and broke through 50K – the bull is back and angry as hell.

Mods: Reposting this without the price speculation (my bad for Rule 5.7). ​ Okay, so after 4/5 attempts this past 10 days, Grandpa finally decided to make the bears weep. Tomorrow is Friday and we all know what that means – hopefully shorts getting destroyed. It was more than likely than we'd go up instead…
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Cash out some RVN for more GPUs…

Where or how do you guys sell RVN to minimize fees? I’ve been amassing it for a while and want to sell a bit to buy more GPUs, but don’t want to throw any away in multiple step fees. Thanks! submitted by /u/JonTargarysnow [link] [comments]

Elon Musk tried to be cool with crypto in 2021 let’s hope he f*** off in 2022

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

VeChain Foundation Welcomes New DEX To Its Ecosystem

The VeChain ecosystem continues to grow and recently saw the deployment of a new decentralized exchange (DEX). Called ZumoSwap, it was designed as an alternative to Vexchange, the automated market maker (AMM), and liquidity provision protocol already launched on this network. Related Reading | VeChain’s DEX To Launch Governance Token And Yield Farming Program In a Medium post, the team behind ZumoSwap addressed the questions most VeChain users must be making: why launch a new DEX when Vexchange is already functional? According to ZumoSwap, there is “something that doesn’t feel right” about its competitor. Inspired by Uniswap, the most popular DEX running on Ethereum, the team behind ZumoSwap presented data that suggest Vexchange could have higher fees for its users. Rather than the standard 0.3% fee for slippage on Uniswap, Vexchange charges around 1% which represents a significant increase when compared to the Ethereum protocol. Therefore, ZumoSwap was created to meet users’ demand for a “native DEX” capable of providing them with a cost-efficient alternative and multiple features. The team behind the VeChain DEX claimed the following: After careful thinking, we decide to get rid of ALL Uniswap + Web3 code and build from scratch. This is a VeChain project, not one of the Ethereum dApp. The DEX should be able to integrate with “any wallets that VeChain provides” and operate with what the team called “one-click swap”. They claimed this will improve the DEX experience as it will remove the need for users to operate with two transactions to make a token swap. On ZumoSwap, you only approve what you need to swap, and better yet, it is done within the same transaction you swap. No longer need to wait for two steps! Fast and secure. The Many Features Of ZumoSwap, A Native VeChain DEX In addition to the aforementioned features, ZumoSwap will encourage VeChain users to transact, swap their tokens and keep themselves active. These activities, the post claims, are discouraged by Ethereum and other competitors. Thus, a protocol that was created to facilitate a transaction becomes less usable as users are priced out from the platforms. In that sense, users will “always” be able to transact with a 0.3% slippage on ZumoSwap. The platform has integrated an “Auto VTHO Farming” feature. This will let users keep their VTHO yields and provide liquidity to the DEX by supplying VET to the pools. The team behind the project claimed there are “no additional actions required; you farm the VTHO like in your own wallet”. This could make ZumoSwap an alternative for the users that want to generate more rewards with their VET and keep themselves active on the VeChain ecosystem. ZumoSwap will also operate with a fee delegation mechanism and will launch a ZUMO token in the future. Congrats @zumoswap with the launch of a new DEX to swap #VeChain based tokens! According to the team, ZumoSwap offers low cost, one-click swaps using multi-clause transactions & works on all official VeChain wallets among other features such as VTHO farming & more. https://t.co/nvw0VlChKC — VeChain Foundation (@vechainofficial) December 23, 2021 The ZumoSwap native token and its tokenomics will be described in the future. However, the team behind the project did reveal the following about a potential airdrop: It will be released in a similar manner of Bitcoin and details will be announced in the following articles. All Liquidity providers and traders and X Node holders will receive the airdrop. Related Reading | VET Breaks Major Trend Line, Why VeChain Could See Massive Explosion As of press time, VeChain (VET) trades at $0,091 with a 4.8% profit in the past day.

Crypto Biz: What's up with Jack? Dec. 16-23

Jack Dorsey’s controversial views about venture capital and Web 3.0 triggered a flurry of responses on Twitter this week.