Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

BLOCKS: Industry Agnosticity in Blockchain

BLOCKS is an innovative decentralized autonomous organization that offers blockchain solutions to companies that need to alter their modus operandi. The core objective of BLOCKS is to help companies revolutionize the way they operate and make industries benefit from blockchain technology, considered as the future of finance. One of its aims is to migrate traditional, existing businesses onto the blockchain. The business space is undergoing a massive transformation in terms of how enterprises are run, thanks to blockchain. This technology is continually evolving, and it’s only logical that companies tap into this new world of evolution to compete and better the services rendered to customers/clients. Technology has accelerated automation in such a way that human input has become minimal. Blockchain has even made it better due to the concept of decentralization. Businesses don’t need to depend on human endeavors to implement a decision or carry out a task. The technology has made performing tasks effortlessly and in a decentralized manner. But, not all businesses have been able to capitalize on the opportunities presented by blockchain. More than 80% of businesses in various industries globally are still stuck to the old infrastructures, which are gradually fading out. This will only make these businesses go extinct and lose clients to others that operate on a more agnostic blockchain solution. The BLOCKS, as a blockchain agnostic, intends to onboard these businesses as well as industries by providing scalable, speedy, and secure solutions to improve automation. By leveraging its solutions, enterprises can interact with the blockchain and facilitate transactions. BLOCKS Agnosticism Blockchain has led to the development of several DeFi applications for various use cases. However, many applications presently are designed to suit specific industries and use cases. This makes such an application rigid and unable to adapt to the constantly evolving ecosystem. This is one of the issues some businesses already leveraging blockchain solutions face in the DeFi space. Many blockchain solutions lack interoperability. That is, they can’t effectively communicate with other blockchains and facilitate interaction between different ledger technologies. An agnostic blockchain solution will take a business in the right direction by enabling flexibility of use and interaction between different ledger technologies. Blockchain is an emerging technology, which implies that it isn’t developed fully yet. It will continue to evolve as time goes on, just like many digital technologies that emerged before it. Therefore, enterprises should leverage on solutions that facilitate interaction between different ledger technologies for different use cases instead of depending on just one and then investing a huge amount of resources to develop more for other use cases. This is what BLOCKS will offer. It offers a solution that can be utilized for various use cases, so the company has the freedom to deploy the technology that suits their needs at that particular point in time. This maximizes efficiency, reduces complexities, saves the cost of building a new solution for another use case, and ensures that the variety of the business is taken care of. BLOCKS seeks to revolutionize the way companies interact with blockchains by offering a solution that solves the trilemma – speed, security, and scalability. The autonomous entity provides a simplified infrastructure that makes it more convenient for industries to come onboard seamlessly through a Web3 network. With this, businesses in various industries can interact better with blockchains, further improving the overall structure of the enterprise. BLOCKS As a Decentralized Autonomous Organization BLOCKS runs on peer-to-peer software that empowers a group of people to make decisions pertaining to shared resources and funding. It’s the world’s first registered DAO LLC, backed by the regulatory laws of Wyoming. The DAO evolved from being self-managed to a progressive decentralized autonomous body. It is a fully democratic organization. Every member has a say in the running of the organization. It is based on transparency and decentralization. Interestingly, BLOCKS will be giving out grants to automotive, defense, entertainment, real estate, and many other industries seeking to delve to the blockchain. One can become a member of the community by acquiring either 300,000 $BLOCKS tokens or one million $BLOCKS tokens. 300,000 $BLOCKS tokens qualify a member for The Silver tier, while one million tokens qualify for the Gold tier. Silver membership gives you access to voting a nominated ambassador and winning free airdrops. As a gold stakeholder, you enjoy the benefits of being voted as an ambassador. Ambassadors are given the chance to meet with the BLOCKS team to discuss proposals and make decisions that can impact the organization. Members also get the opportunity to purchase tokens at a discount. $BLOCKS are available for purchase on Uniswap.  

Keeping my cool ☃️

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There is a very dangerous disgusting scam going on Instagram with 650k followers impersonating Vitalik. Please upvote this so something can be done about it. People need to be aware of this

Guys, Please be aware there is an account on Instagram with the alias @vitalik.eth with almost 650k followers as of now. They are running harmless paid sponsored ads on photos of Vitalik. This fraud account is based out of Israel, Vitalik does not have Instagram. The clowns behind this page are stealing from people. The…
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Need help with choosing an exchange and staking

So to start off, I’ve been using Coinbase as my go to exchange but I’ve gotten to a point where I know a decent bit about crypto and am tired of paying the 2% fee on every buy and sell I make. I guess what I’m looking for is something reputable, easy to use, and…
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Eminem Buys Bored Ape Yacht Club NFT That Looks Like Him For $452K

Eminem, the Grammy Award-winning rapper, has joined the Bored Ape Yacht Club (BAYC), purchasing one of the non-fungible token (NFT) apes for 123.45 ether ($462,000) on the OpenSea platform. Eminem Buys BAYC NFT Eminem, the famed Detroit rapper, has joined the Bored Ape Yacht Club (BAYC). The NFT, named “EminApe,” depicts Eminem’s iconic Bored Ape figure wearing a khaki army cap and a gold chain necklace, both of which he frequently wears in real life. BAYC member GeeGazza sold the digital artwork for 123.45 ETH, which is around $450,000 USD. In November 2021, GeeGazza tweeted, “I still think Eminem is destined to buy my @BoredApeYC one day.” Six, a digital agency that has previously worked with celebrities in the NFT industry including as Wu-Tang Clan, Tycho, and Galantis, was responsible for the transaction. It’s also not Eminem’s first foray into NFTs: under the moniker “Shady Holdings,” the musician now owns 15 NFTs on OpenSea. In a tweet, BAYC member GeeGazza, who sold the ape, thanked the entertainer for purchasing the NFT. “I’m living in a simulation,” he wrote, adding: “Madness. Let me write a lyric in your next single.” I’m living in a simulation. Thank you @Eminem for buying my ape and joining the club! Madness. Let me write a lyric in your next single 🤣 pic.twitter.com/myGNRmMLeD — GeeGazza  (@Gee__Gazza) December 31, 2021 BTC/USD plunge from $50k. Source: TradingView Related article | Eminem’s Latest Album Kamikaze Name-Checks Bitcoin The Rapper Holds NFTs From Different Collections Slim Shady has 166 non-fungible token (NFT) assets from 32 collections, according to dappradar.com stats. After purchasing BAYC #9055 for 123.45, the address currently possesses 1.52 ether. Eminem received 124 ether from an account known as georgio.eth on ENS. That account owns 504 NFTs from 51 different collections, including Bored Ape Yacht Club #4936, and it spent 43.98 ether ($164,832) on two Cryptopunks. SABC #2615, Shaq Gives Back #4077, and Adult Fantasy Sub-Dude (130/151) are among Eminem’s other NFTs. The Shady Holdings address, in reality, contains a slew of ERC721 NFTs. Eminem’s NFT spending binge comes on the heels of his beat-inspired animated NFTs for Stans, which he released in April. Eminem’s NFT sale took place on the Nifty Gateway NFT platform. Slim Shady and Paul Rosenberg also joined a host of venture funds that invested $30 million in the NFT market Makersplace in August. Eminem’s NFT spending binge comes on the heels of his beat-inspired animated NFTs for Stans, which he released in April. Eminem’s NFT sale took place on the Nifty Gateway NFT platform. Slim Shady and Paul Rosenberg also joined a host of venture funds that invested $30 million in the NFT market Makersplace in August. Eminem has officially joined the second-largest NFT project on OpenSea by volume with his new EminApe. According to CryptoSlam, the BAYC has sold 284,765 ETH ($977.6 million) in secondary transactions so far, and the floor price is now at 60 ETH ($220,000). The rapper joined the ranks of a slew of other celebrities, including NBA player Stephen Curry and talk show presenter Jimmy Fallon. Bored Apes recently overtook CryptoPunks in terms of floor price, which is a huge accomplishment for a project that only began in April 2021. Related article | Snoop Dogg Joins The Bored Ape Yacht Club And The Sandbox. Read All About It Featured Image from Shutterstock | Charts by TradingView

Bitcoin launched exactly 13 years ago to date, on Jan 3rd 2009.

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The calm before the storm

The time we are in really resembles to the the end of the May crash. Back then the market dropped and dropped until we got used to the drops and people eventually didn’t care to much about the dips after the dips. When everyone was clam and used to the consistency of the dips not…
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Inside Britain’s ‘crypto village’ where pub staff are paid in virtual coins.

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Will we ever see programmable physical crypto?

Will the time come for the physical exchange of crypto? Like a very cheap form of cold wallet that could be traded physically like coins and bills are today? Perhaps ones bill is $79 and one could pay with a $100 bitcoin cold wallet thumb-drive and recieve the difference on another drive. Just like is…
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