Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

PSA/scam alert: livestream impersonating spacex’s youtube stealing crypto currency

another one of these scams popped up on youtube, some hacker took over and re-branded a channel with nearly 1m subs to impersonate spacex. They claim if you send them cryptocurrency, they will send you back double. Do not fall for this, you will lose your coins! Please report this scam so it gets taken…
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Rainmaker Games Announces Its Native Token $RAIN Is Staking on Rainmaker Platform

$RAIN is the token behind Rainmaker Games, a platform dedicated to helping users all around the world engage in play-to-earn games in the most seamless way possible. 25 million rain tokens are currently sitting in the reserve. Those tokens are the ones that went unsold during the project’s fair token launch that took place via Copper Launch last month. That reserve is how users are going to get paid for staking their tokens and supporting the project. But just because it’s starting out with 25 million tokens, doesn’t mean it’s going to stay that way. The project might increase the amount of $RAIN tokens available and staking pools as tokens begin to vest and get unlocked through the Community Incentives reserve. Rainmaker Games is going to make it much easier for gamers to earn revenue while playing games and interacting with each other, and with staking now live, it’s going to reward even those that aren’t playing games but are clearly dedicated to supporting the platform. It’s time to learn more about the $RAIN token, how to stake $RAIN tokens, and what the potential payout is for users. The Two Staking Options That Put More $RAIN In User’s Wallets Rainmaker Games is giving users two simple ways to stake $RAIN tokens: single-side staking and liquidity pool (LP) staking. Earning $RAIN with Single-side Staking In single-side staking, users simply deposit $RAIN directly into the staking pool and earn rewards. The pool pays out 20% of the total daily rewards provided by the staking reserve. Users don’t have to do anything else to get that 20%. The other option is to stake through liquidity pools. LP Staking $RAIN Tokens Rainmaker Games is using Uniswap V2 for its liquidity pools. Users can deposit RAIN-ETH Uniswap LP tokens after adding liquidity to the exchange. Anybody using a different version of Uniswap (V1 or V3) will not receive staking rewards, so be sure to use V2. This pool receives 80% of the staking rewards paid out by the Community Incentives reserve. Staking Bonuses for Making It $RAIN Even More Rainmaker Games’ staking initiative provides users with a linear bonus structure that multiplies the number of token rewards for stakers that lock in their tokens for a set period of time. The longer tokens are staked for, the greater the bonus. Here’s a quick look at the bonus reward formula: 1 (standard weight) + The Amount of Weeks locked/52 weeks = The Time Waited Ratio Being Used Here’s a quick breakdown of the results the bonuses can yield for users: No bonus— staker does not want to lock their tokens 25x bonus— staker locks their tokens for a period of 13 weeks 5x bonus— staker locks their tokens for a period of 26 weeks 75x bonus— staker locks their tokens for a period of 37 weeks 2x bonus— staker locks their tokens for a period of 52 weeks Instructions for Staking $RAIN The first step to staking $RAIN is to simply log onto the project’s staking portal. Users then connect their MetaMask wallet by clicking the Connect button in the right-hand corner of the page. Support for other wallets is coming soon. The next step is to select the desired staking pool (make sure you’re using Uniswap V2). Before clicking the Stake button, users can take a look at the specific details of the pool selected. Clicking the Stake button leads to another screen where the user can choose either flexible or locked-in options for their staking. Locking in means earning greater rewards in exchange for giving up flexibility. The Rainmaker Games blog offers a more in-depth step-by-step guide to staking. It’s about to be pouring $RAIN in the crypto gaming world. Gamers and interested stakers can join the revolution by staking tokens or by following the RAIN community on Telegram or the project’s website.  

OMG Taxes

First of all, just wanna say holy f***. I just spent the last 10 hours trying to import everything into Koinly. Spent the $179 to file the stupid taxes. Things I’ve learned today? JFC almost nothing. There are so many wallets not supported in Koinly such as Cosmos, Bitforex, OMI, Yieldly. I spent so much…
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can some one answer this ?

i've a weird question about ethereum ecosystem is there any way to know how many lending smarts contracts have been deployed since the launch of the smart contracts in 2015 thanks submitted by /u/d-unknown [link] [comments]

Cryptocurrency Worth $435 Million Seized by 12 UK Police Forces in Five Years

U.K. police have revealed how much cryptocurrency they have seized in the past five years in response to Freedom of Information requests. The London Metropolitan Police seized more bitcoins than other police boroughs. UK Police Reveal Information About Seized Crypto Twelve of the U.K.’s 43 police forces have seized cryptocurrency worth approximately £322 million ($435 […]

Go vote for $RVN Listing on the sub r/CoinBase.

submitted by /u/Fritz-Robinson [link] [comments]

The need for emergency funds

I’m 21 and I’ve been in crypto for a little under a year now and in that time I’ve made decisions I’ve been really happy with, resulting in small gains. These decisions are buying Ethereum and Algorand. But today my dog had to be rushed to emergency because she couldn’t walk and we found out…
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The Avatar Industry [OC]

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

Top Dog Or A Meme Joke: Shiba Inu Slumps 5% As Whales Buy More

Shiba Inu first appeared on the scene as a joke-coin in 2020, aimed squarely at the top dog of the time Dogecoin. The meme coins uccessfully marketed its way to the position while avoiding rumors of a fraud and what appears to be a slow but steady start Shiba Inu Slumps 5% At press time, SHIB was down 5%, along with DOGE and other large cap crypto currencies, as the global cryptocurrency market cap fell to $2 trillion. SHIB/USD price slumps 5%. Source: TradingView At the time of publication, SHIB was one of the most popular coins on Twitter. According to Cointrendz data, it received 2,320 tweets. At the time of publication, the three most popular coins were Bitcoin, Ethereum, and Solana. There were 15,069, 6,159, and 2,482 tweets about each of them, respectively. Shiba Inu, like other meme coins, is entertaining to trade and has made some people quite wealthy in a short period of time. However, whether it’s Safemoon, Shiba Inu, or Dogecoin, there isn’t much value beneath the surface. As a result, with these tokens, buyer beware. Has the SHIB lost its sense of humour? Perhaps. There will always be something more dazzling and opulent to come along. The meme coin market is brimming with opportunities. Shiba Inu’s fan base is unquestionably one of the largest in the crypto world. It’s an issue of perception whether or not that’s changing. Related article | Recapping 2021 Memecoin Mania: Dogecoin, Shiba Inu, & More Whales Buy More SHIB The number of active addresses on whale tracking website WhaleStats has increased by 88%, indicating that Shiba Inus have attracted more whales. When entities begin to make transactions or other manipulations with their funds, the increase in activity is tracked. s Whale activities surge. Source: Whalestats However, the increased activity may be followed by greater selling activity, based on the token’s price behavior on the market. The dog-inspired coin has lost almost 15% of its value in the last four days, according to TradingView statistics. Shiba Inu whales have also bought more. The coin’s dominance has previously slipped, allowing FTT token to overtake SHIB as the largest holding among Ethereum network whales. Source: Whalestats However, Shiba Inu whale holdings received a $300 million boost shortly after, putting it back in first place with $1.7 billion in whale-tier address balances. Substantial market buying activity failed to lift on-chain data.  Measures such as net flows and network growth remaining in the red. Related article | Paypal Loses AMC Theaters Throne, Bitpay Will Support Shiba Inu Payments Featured image from Unsplash. Chart from Whalestats,and TradingView