Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Algorand 3.0 will be released to MainNet on Sep 29th!

Highlights This release features the 1.0 version of AVM, extending Algorand's smart contract capabilities for even greater composability. Highlights in this release include: Application transactions: the ability for smart contracts to execute transactions on directly on chain. App cost pooling: larger contract size, by combining the budgets across an application group. Increased account smart contract…
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What do you think on moons today?

Hey! A few months ago reddit had caught my attention by introducing community points. Looks like it works way better than steemit or hive social media. Focus on an internal economy designing and restricting from a convenient external usage actually does its job. But I'm wondering what redditors think about it after more than a…
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International ‘Virtual Microgrid’ Project IOEN Successfully Closes $2.8M Fundraise

IOEN, an energy-focused project by a group of people passionate about saving the environment, has announced its successful funding. According to the official statement, the project has closed at a $2.8M investment by notable investors and blockchain leaders. They have chosen to use a combination of Holochain and efficient energy use to significantly cut back on total energy requirements and help the integration of renewable energy in communities worldwide. Cryptocurrency despite its many benefits is detrimental to the environment on a scale that many people choose to ignore. Ethereum and Bitcoin mining alone use up more electricity than entire countries in some cases. Crypto mining is an integral part of the blockchain which involves using computers to solve complex problems. This computational power is used as a verification process for transactions to keep intermediaries out and maintain the integrity of the chain. Although necessary, it is a problem that many have pointed out and hope to solve. Chains such as Ethereum have chosen to improve on this by changing their mining process from a proof-of-work to a proof-of-stake. This will reduce operational costs by an amazing 99.95% and further make transactions on the chain cheaper and faster. With Ethereum 2.0 already underway we could see a huge downturn in crypto’s environmental effects soon. Regardless, it highlights a problem that seems integrated into cryptocurrency by default and must be addressed should mass adoption ever be realized. Cutting energy costs has been a constant topic over the past decade in many industries. The effects of climate change are constantly being felt and despite all claims to the contrary, continuation down this path will surely destroy the planet. IOEN’s Virtual Microgrid Solution While searching for a way to solve the energy crisis, IOEN has set its sights on developing a greener, scalable, and long-lasting answer. IOEN is a non-profit initiative that seeks to use efficient distribution and management of energy to bring a greener energy alternative to the market. With open-source protocols and cryptocurrency, the project will empower communities worldwide to develop mini- and microgrids of connected devices to promote efficient energy distribution and gradually reduce overall energy requirements worldwide. As a result, energy needs will be fulfilled via local device consensus. Devices will work to inform one another about the grid’s energy needs and distribute the electricity where it is required. By integrating these grids into society and interconnecting them worldwide, the creation of a global virtual energy grid would give birth to a highly effective energy management system. IOEN Attracts Huge Investor Support To further their goals, IOEN has struck decisive relationships with a few names in the crypto space. It announced a $2.8M raise in its private funding rounds amassing various industry tycoons and popular venture funds. SL2 Capital led the round, building on their thesis to back mission-driven founders and support technologies creating new industries. SL2’s approach to incubate and use their extensive capital networks has brought significant investors who share the IOEN vision. Throwing their cap in the ring is Skyman Ventures. Focused on DeFi, gamefi and NFT technologies, Skyman Ventures is dedicated to helping crypto companies grow with capital, media and marketing. Similarly Maven Capital is supporting the project with capital and extensive networks of new crypto protocols. Holo, AU21 Capital, and Insignius Capital, among others, are also on the list of supporters of IOEN’s journey to a greener earth. With such heavyweight funding and marketing behind them, IOEN’s goal could become a matter of when rather than if. Why Holochain? Holochain leapfrogs the traditional consensus required on conventional blockchains which in turn massively reduces the gargantuan energy consumption required for proof-of-work mining. It also eliminates the requirements of holding tokens to influence the network required by proof of stake while still providing users with essentially the same features. In essence, it becomes a blockchain without the environmental effects. This also reduces the amount of storage required by users on the chain. It is also worth noting that the Holochain approach to data integrity makes it possible for end-users to both utilize and verify the distributed network’s data. This directly contrasts traditional blockchains, which usually need a considerable amount of hardware expenditure to get participation. This makes it a very rational option as a choice for any company looking to gain blockchain features without harming the environment.  

How to monitor a tokens richlist on testnet?

Good day to all readers, On the Ropsten test network there is a token from which I would like to monitor its 'richlist'. I would like to receive a notification/mail/popup or anything when one of these accounts would receive an inbound or make an outbound transaction. Remind you, this is on the testnetwork, I'm not…
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APENFT Partners Up With Tron-Based Cool Cats

APENFT Foundation steps up its efforts to support promising and emerging non-fungible token projects on the Tron network. The company announced a new strategic collaboration with Tron Cool Cats — a spin-off of the Ethereum-based collection. This new partnership will focus on providing ongoing marketing and product development support to Tron Cool Cats. Following the recent creation of a $100 million fund dedicated to investing in high-quality NFT projects, APENFT has been ramping up its efforts to spot such art collections in the rapidly evolving Tron NFT landscape ecosystem. Excited to announce we have established strategic cooperation with @CoolCatsTron. NFT special fund will be used for the development and operation of @CoolCatsTron projects. We will jointly promote the construction of TRON NFT ecology. @justinsuntron @Tronfoundation @BitTorrent 🥳 pic.twitter.com/wDxqHrs51Q — APENFT (@apenftorg) September 25, 2021 “This strategic collaboration with APENFT means a great deal for our team and the entire Cool Cats community. The deal will not only help our kitties grow faster and stronger, but also it is a statement to our commitment to delivering quality art and outstanding secondary market support,” wrote the company in an email to NewsBTC. APENFT Foundation is a curotial project committed to bringing emerging and tier-one art into the blockchain in the form of non-fungible tokens. Despite not being around for a long time, the company has already played a significant role in supporting some of Tron network’s most popular and fastest-selling NFT collections, such as Tpunks and Tron Meebits. APENFT also owns digital art pieces from the world’s top crypto artists Beeple and Pak worth over $30 million. Tron Cool Cats Minting: Ongoing Meowing On Tron As most of the world-famous NFT collections, Tron Cool Cats consists of a series of 10,000 randomly generated artworks. Each of these kittens features a distinctive combination of visual attributes, such as eye color, fur shade, hairstyle, clothing, among many others. These truly unique (and cute) cats count on the support of Palmar Labs. Unlike the very first Ethereum-launched series, Tron Cool Cats are minted using the new TRC-721 standard. As the NFT market continues to expand its frontiers, artists and developers are exploring options to reduce minting costs. Through its new standard for NFTs, the Tron network offers a viable alternative to Ethereum’s high costs. Following the steps of previous projects on this network, Tron Cool Cats is offering a fixed minting price of 1,500 TRX or ~$135. If these kitties were to follow the luck of their Ethereum predecessors, holders could be looking at a whopping 150X value increase. As of this writing, the bottom price for Ethereum Cool Cats stands at 6.6 ETH or ~$19,200. Minting of Tron Cool Cats can be done using TronLink — the go-to wallet for participants of the Tron ecosystem — from both web-based browsers as well as mobile devices. Klever wallets are also supported, according to project representatives. Aside from the meows, Tron Cool Cats have plenty more to share with their owners. The project has set a 10% TRX pool for holders of multiple kittens. In other words, cat lovers holding over 30 kitties are entitled to a share of the raised TRX. As the next steps, Tron Cool Cats is getting ready to release its own marketplace, where cat fans will be able to buy, sell, and bid with absolute market transparency. But in the meantime, NFT collectors still have time to get hold of these tiny but potentially very valuable creatures.

30% Of Chinese Residents Use VPNs – Is a True Crypto Ban Even Possible?

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

Block explorer for my GETH node ?

Ideally, I would like to leave the node machine as it is, and connect from another machine (if possible) I checked this block explorer https://github.com/Alethio/ethereum-lite-explorer You run the docker instance and specify your node RPC address as APP_NODE_URL and you are done. However, it's quite limited. It doesn't give you a list of transactions for…
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Binance blocks fiat deposits and spot crypto trading for Singapore users

The crypto exchange giant has announced further restrictions to its operations in Singapore amid regulatory scrutiny.

Chipper Cash Extends Peer-to-Peer Money Transfer Service to South Africa

Chipper Cash, an African fintech start-up, has extended its peer-to-peer instant money service to South Africa. In addition to being able to use the remittance service, South African users will be able to buy, sell, and transfer cryptocurrencies like bitcoin, ethereum, and the USDC stablecoin. South Africa Ripe for Disruption and Innovation According to a […]