Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Reddit Users Want To Form a DAO To Buy Reddit

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

This could be huge for both ETH and RVN.

submitted by /u/budiiii12 [link] [comments]

Bitcoin hits $49K as BTC price gets unlikely boost from Erdoğan’s Turkish lira tinkering

The man who declared “war” on crypto in September helps fuel snap overnight gains.

Reminder: Robinhood has put a stop to the purchase of numerous equities. When it was convenient for them, they locked the buy button. Robinhood is not a good place to acquire Bitcoin. Even if the dust has settled, we remember.

This is the time, more than ever to stop messing around with these corporate scumbags, whether you're in the United States, the United Kingdom, or anywhere else where Robinhood/similar operators exists. Tell those leeching dicks on Wall Street to get out of your business; they're antiquated and useless now that there are so many rivals.…
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Happening Now: ETH 2.0 Testnet goes live in preparation for the upcoming merge

submitted by /u/nebula21399 [link] [comments]

ERTHA Sold Out on Seedify and Gamefi in Less than a Minute

Seedify and Gamefi are the top gaming launchpads in the blockchain sector. ERTHA is pleased to have launched there and sold out the community pools in 53 and 32 seconds respectively. To back up, ERTHA metaverse is Heroes of Might and Magic game-type inspired economic and social life built on Binance Smart Chain. Users can explore and investigate the world by choosing specializations and increasing the strength of your nonfungible token (NFT) and country. ERTHA’s globe consists of 350,000 HEX land plots, represented as NFTs. By owning a HEX land plot, you will earn revenue for every transaction in the native token ERTHA as a landowner. The game is designed to replicate a real-life environment, simulating the actions that people have to perform in order to earn a living. Ertha’s world is a complex and intricately designed playspace ripe for the creation of new governments, economies, and shaky alliances between its player base. Players must balance production, trade, and financial budgets, in order to stay one step ahead of the competition. For those looking for an introduction to Metaverses and Play-to-Earn gaming, Ertha represents an opportunity like no other. These are the detailed results of the launchpads: Seedify: December 19, 2021 An established incubator and launchpad for blockchain gaming platforms and gamers, Seedify offers an avenue for its community to gain early access to the tokens of high-potential projects before they get listed on crypto exchanges. Seedify IGO (19th Dec) Community Pool was sold out in 53 seconds Seedify IGO raised $300k GameFi: December 20, 2021 A comprehensive hub for game finance, the platform is focused on catering to blockchain gamers, investors and traders and features a launchpad that’s meant solely for introducing new games. Gamefi IGO (20th Dec) Community Pool was sold out in 32 seconds Gamefi IGO raised $250k Red Kite: December 21, 2021 An engaging launchpad and decentralized finance (DeFi) platform that is being powered by PolkaFoundry, Red Kite aim to offer a one-of-a-kind, seamless token sale process. Redkite IGO scheduled for 21st Dec. $250k will be raised Notably, ERTHA NFT Land sales are really picking up momentum. This is a good opportunity to get your revenue-generating land.

In the Race for the Blockchain Podium, This Project Is Lengths Ahead

Ethereum is still struggling to bear the weight of growing crypto adoption; Is Gather Network blockchain’s most undervalued Layer 1 solution? 2021 has been a year of explosive growth for blockchain technology and cryptocurrencies. The emergence of NFTs and DeFi has added generous helpings of rocket fuel to the fire of a rapidly growing industry, with the total cryptocurrency market cap reaching an all-time high of $3 trillion in November. But the industry’s second-biggest blockchain, Ethereum, is yet to follow through with scalability promises and continued spikes in transaction fees and increased transaction finality on it’s network have seen both user and developer attention trickling this year into Layer 2 improvements. What’s more, players such as Solana entered the Layer 1 ring in a big way in 2021, looking to knock Ethereum off it’s throne as the next best blockchain. But there is another blockchain that may well have gone under the radar when it comes to low fees, rapid transaction finality and locktight security guarantees. Gather Network raised $960k in a 25x oversubscribed private sale back in September 2020 and the team behind the project have been building non-stop ever since; today Gather boasts a fully functioning proof-of-work blockchain that is poised to welcome a world of blockchain developers and dApp builders into its ecosystem. The Swiss Army Knife of Blockchains As a multi-layered platform, Gather looks to disrupt industries such as Cloud Computing and Digital Advertising, enabling publishers to monetize without intrusive digital ads and simultaneously giving both businesses and developers access to reliable and affordable processing power. But the Gather blockchain, which forms an integral part of the Gather ecosystem, is also more than capable of supporting the flurry of developers looking for an affordable solution when looking to tokenize a business model or create the next big dApp. With smart contract support, EVM and RPC compatibility, the Gather blockchain welcomes those with Ethereum development experience, opening the gates for fresh innovation away from stifling project deployment fees. The Gather team recently announced plans to launch a DEX (decentralized exchange) as the first of many dApps on the platform and other future developments include deploying a layer 2 side chain that is powered by Gather Masternodes alongside the main Gather chain. No More Gas Guzzling Ethereum has long been a popular blockchain for the world’s new age developers to build on, but it continues to struggle with capacity limitations. As user numbers balloon, so do the numbers associated with delayed transaction times and sky-high fees; a recent effort to buy a rare copy of the US Constitution at Sotheby’s auction house saw a failed transaction cost the collective buyers more than $1.5 million in Gas fees, highlighting the painful result of using a blockchain that’s often running at near full capacity. The Gather blockchain looks to climb the ranks as a viable alternative in 2022 and beyond, offering fast, cost-effective and sustainable transaction and deployment experiences for both developers and users. Secured via proof-of-work algorithm GTHash, working on the Gather blockchain also means lower power consumption and a lighter carbon footprint; both are important to Gather CEO Raghav “Reggie” Jerath, who discussed green Bitcoin mining and the importance of minimizing overall energy consumption related to blockchain technology in a recent interview with e-cryptonews.com.   Photo by Paul Felberbauer on Unsplash

Elon Musk Criticizes the Current State of Web3, Wonders About Future of Metaverse

Elon Musk, CEO of Tesla, has criticized the current state of the metaverse and the Web3 movement, suggesting the latter concept is a “marketing buzzword.” The crypto influencer also posted a video of David Letterman making fun of the early internet in an interview with Bill Gates, and wondered what the future will bring. Musk […]

NFT Collection BitColors Acquires Crypto Media Platform BTC Peers

The BitColors team has acquired crypto media outlet BTC Peers It is the first acquisition of a media platform by an NFT collection Reaching and influencing a broader crypto audience remains crucial to chances at future success and it is interesting to see how NFT collections attempt to captivate a growing audience. Most projects focus on short-term hype to let artists and speculators capitalize on the momentum by flipping assets. Other projects take a long-term approach. I follow updates of BitColors because the collection striving to be a different type of NFT project, and it’s interesting to see how it will turn out. I also bought 3 BitColors in order to fully dive into their community and maybe benefit from holding them someday. At its core, the project lets users own and trade NFT colors, which remains anovel concept in the world of non-fungible tokens. Several projects leverage these NFT colors to add a unique aspect to their solution, whether a promising comic book, a depiction of time, Roman numerals, or a virtual collection of [rare] butterfly species. More importantly, the project is not another boring pfp avatar venture, of which there are quite a few in the NFT world today. Influencing Crypto Enthusiasts Via Media While BitColors has noted substantial success in the NFT world, continuing the move forward remains essential. The collection maintains a 215 ETH in volume traded on OpenSea to date. One way to bring a broader audience to the BitColors NFT project – and any ventures derived from these NFT colors – is by influencing crypto-enthusiasts via media. More specifically, BitColors has acquired leading crypto news media platform BTC Peers this week. As crypto media platforms capture a broad audience, they are perfect tools for projects to get their message across. Rather than paying for individual marketing campaigns, acquiring an established name in the industry is a better business decision. BTC Peers has positioned itself as a no-data-collection platform and one that foregoes pop-ups, pop-unders, and other annoying marketing techniques. All readers are treated with respect, aligning well with the overall BitColors vision. Additionally, the platform has thousands of internet resources – including Shpigel, Wikipedia, Bitcoin.com, Entrepreneur.com, Investing.com, etc – using them as a source, instilling trust in the platform and the content it provides. Closing Thoughts The NFT industry continues to grow and evolve rapidly. Building a successful art project is no longer sufficient to stand out in this competitive market. Instead, projects need to build an ecosystem and establish their branding on a global scale. Acquiring crucial resources, such as a news outlet, is one example of achieving that goal through means that would otherwise not be explored. Moreover, it paves the way for projects to get their message out in an unfiltered manner. That is a crucial difference-maker for NFT collections seeking to tug on people’s emotions and heartstrings, like BitColors.

Bent Finance confirms pool exploit, advises investors to withdraw funds

Bent Finance proactively advised investors to withdraw funds and plans to reimburse losses “one way or another.”