Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Technical Analysis: Bitcoin Hits $40,000, as LEO Leads Friday Rally

Bitcoin rallied above $40,000 on Friday, however, this was not the biggest mover in crypto markets to end the week. Cryptocurrencies climbed today, following news that over 400,000 jobs were added to the U.S. economy last month. Biggest gainers Bitcoin (BTC) climbed to $40,000, ethereum was fast approaching $3,000, with Solana nearing $110, however, none […]

US lawmakers issue warnings about digital yuan as Winter Olympics kicks off

“Do not accept any digital yuan,” said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China.

Is Coinbase down for anyone else ?

I feel like as soon as the Market starts to move, Coinbase goes down! I have been using Coinbase since 2017 and have always noticed this BS happening when the market decides to move. I don't know what they know, that we dont, but this is not fair! It's almost as if, they don't want…
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is accointing safe to use?

is accointing safe submitted by /u/Unknownpersona1111 [link] [comments]

How Can Dapps Be Hacked ?

I work with coding contracts on solana and even I don’t understand how a outside party can hack a contract Outside of leaving your private keys somewhere public how does a hacker hack exploit a dapp from the outside ? submitted by /u/Bigsexydrac0 [link] [comments]

QuickSwap Soars 7% After Partnering With CelsiusX, More Gains Ahead?

Largest decentralized exchange on Polygon, QuickSwap recently announced a cooperation With CelsiusX. The DeFi arm of Celsius, the decentralized financial services network founded by Alex Mashinsky, the partners are set to bring more liquidity and create yield opportunities for users on the sector. Related Reading | Celsius CEO: “Elon Is A Tourist In Crypto” The partnership also aids to onboard more users, from retail investors to institutions, into DeFi. In order to achieve this objective, CelsiuX will offer 2 popular cryptocurrencies, Cardano (ADA) and Dogecoin (DOGE), with a low presence on Polygon and will provide more liquidity for Ethereum (ETH). These cryptocurrencies will be available on QuickSwap as synthetic versions called cxADA, cxDOGE, cxETH. Per an official post, these tokens have low to non-existent liquidity for traders on Polygon. The partnership will seek to meet such a demand. Dogecoin (DOGE) has seen a massive rally from its lows below $0.010 in 2021 to an all-time high above $0.70. The cryptocurrency has been promoted by heavily influential personalities in business, such as Elon Musk and Mark Cuban, and it’s a symbol of the “GameStop Movement”. In the meantime, Cardano rose on the back of its large community and their bet that the network will become an Ethereum killer project one its DeFi ecosystem matures. Cardano introduced DeFi capabilities back in 2021 after successfully completing tree Hard Fork Combinator events. Both ADA and DOGE have some of the most active and engaging communities in the crypto space. The collaboration between QuickSwap and CelsiuX will give these users a new venue to trade their favorite tokens. The team behind QuickSwap exclusively told NewsBTC the following on their collaboration with CelsiusX: CelsiusX is bringing 3 assets (cxDOGE, cxETH, and cxADA) that currently have little to no utility or use on Polygon over and each of their respective communities with them. The team will be seeding the liquidity for 3 trading pairs, $10 million in liquidity for each pair. In addition to added liquidity, we expect to see a major increase in volume. QuickSwap And CelsiusX, A Partnership For The Future Of DeFi The collaboration will be comprised of three core elements: liquidity, incentives, and utility. The first will facilitate trading for institutions, users, and other market participants following QuickSwap’s vision of providing liquidity for “any token”. On the second item, the DEX and CelsiusX will offer users more incentives to trade the synthetic versions of these tokens. Liquidity providers and traders will receive rewards by operating on cxDOGE and cxADA. Finally, the partners will provide DOGE and ADA holders will more utility opportunities on Polygon by adding it to a larger DeFi and multi-chain ecosystem. On their official announcement, CelsiusX added the following on their cooperation with QuickSwap, which they called “just the tip of the iceberg” in their attempts to merge CeFi and DeFi: As token interoperability increases and additional non-ERC20 (non-Ethereum compatible) crypto tokens look to migrate over to the Polygon ecosystem, CelsiusX + Polygon can repeat the playbook to create liquidity and use cases for any token. As of press time, the DEX’s native token QUICK trades at $190 with a 5.1% profit in 24 hours and 8.6% profit in one week. The token has seen a positive impact from their partnership with CelsiusX and could continue to score more profits on the back of improvements to its interface and reward mechanism. Data from Material Indicators shows that there are some significant bids set below QUICK’s current levels. These could operate as critical support in case of further downside with $185 as it most important level. Related Reading | Celsius Crosses New Company-High In BTC Assets To the upside, there is low resistance until $205 which suggest bulls could have a shot of reclaiming previous highs.

Over $100 million shorts liquidated over the last 4 hours. Bears are getting rekt!

According to data from Coinglass 88% of the total liquidated positions during the last four hours were shorts. This figure may change quite a bit as it was 85% when I started writing this post and now it's at 88%. The 122 million figure may change as well as time passes. Some simple math of…
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Phaeton Energy: Towards Embedded Network

Researchers recently reported that Bitcoin mining has a shocking energy consumption level that is comparable to a medium-sized country. Blockchain is the most booming technology of our time, with implementation across various industries such as health care, supply chain management, games and entertainment, and so on. Blockchain is a boon to the industry but if it is not used sustainably, it can cause us great harm. While some blockchain companies have started buying carbon credits to reduce their carbon footprint, it does not solve the underlying problem. Phaeton has quite a unique approach to this problem. Australia-based company, Phaeton, is here to build a sustainable environment for our future generations. Phaeton is a one-of-a-kind company implementing blockchain technology powered by renewable energy. They have the great ideology of making the world better for all communities by using blockchain technologies. Phaeton is building Solar farms and wind turbines for powering their data centres. They also utilize geothermal energy for cooling and backup. Phaeton’s energy plant rollout is based upon the needs of the energy system in Western Australia, known as the Southwest Interconnected System (SWIS).  The SWIS or “Grid” is a vast electricity system in the southwestern part of Australia covering an area of over 93,000 km with generation plants located in two main centres.  As a result, the fringe of the grid suffers instability resulting in lengthy and costly blackouts during peak demand periods.  Their rollout will include strategically placed power plants that not only power their data centres but can be deployed as backup generation to regional areas that suffer these issues.  This backup will supply a better quality of life for the population of regional areas and assist Western Power (the grid operator) in meeting its obligations of energy stability.  This also aligns with Western Power’s recently published commitment to work with industry, which is as follows: “Western Power is keen to work with businesses who have, or are developing, innovative energy solutions that supports our grid evolution.” Phaeton has previously stated that it will invest capital in developing sustainable ventures. It is the primary reason Phaeton Energy supports these energy plants. The primary purpose of this venture is to power patent data centres with renewable energy. The communities near these plants are also promised to receive tangible benefits from these ventures. The plants installed by Phaeton will not only power the Phaeton Networks data centres but also provide benefits to the South West Interconnected System (SWIS) such as: Loading of ancillary services to the grid. Providing standalone power backup during blackouts. Building embedded microgrid with energy in limited network capacity areas. Fulfilling AEMO’s daily capacity demand period between 4:30 p.m. to 8:30 p.m. Providing additional load, if needed, from data centres. WHY IS PHAETON DOING THIS? Phaeton has a branch known as Phaeton Energy which builds various renewable energy plants for powering their data centres located at Phaeton Networks. This energy is utilized for storing blockchain data and processing their native currency PHAE coin. The data centres require a 24 hour supply of power, achieved through energy storage. It, in turn, allows Phaeton to help stabilize the SWIS during blackouts and at times of peak ramp-up. Phaeton does all this to keep up with the company’s overall ethos. They invest by scaling the renewable power plants to a size optimal for balancing the capacity with the load generated in each region where their data centres will operate. Phaeton data centres are decentralized, which means they would be located in several different regions. To meet an area’s specific need, they plan to size the plants accordingly. The renewable energy industry focuses on two extremes, the rooftop scale and the utility-scale (about 1000MW) plants. However, in the renewable energy industry, they haven’t paid any attention to the mid-sized plants that range from one to five megawatts. Phaeton Energy is taking advantage by utilizing this sector. The power requirement of their data centres and the energy requirement of the regional towns they are targeting fit this range ideally. Phaeton targeted towns with seasonal load variation caused by harvesting fluctuations in the initial phase. As a result, they suffer an upward of 300% variation in power consumption. Most of the targeted towns are located on the fringe of the power grid. On average, they suffer about six blackouts during peak hours in the metro regions. In addition, they state that some areas face up to nine blackouts on average per year for an average of 6 hours. While these blackouts can’t be considered acceptable in Metro areas, it is just a way of life for these small townships. All these problems provide Phaeton Energy with an opportunity to improve quality of life within local communities, as well as additional income streams. Several revenue streams can be generated from these renewable energy plants. These revenue streams include market energy sales, large-scale generation certificates or carbon credit, and Western Australia’s capacity credit charge. Other streams of revenue include islanded services and load following ancillary services. INITIAL SITES Phaeton Energy plans to locate their renewable energy power plants where they are needed the most. They have identified the initial two sites and will start the connection application process soon. The initial sites are in Augusta and Mullewa and have been selected based on several factors, including access to high voltage overhead power lines. In addition, they have kept in mind other criteria when selecting towns that suffer blackout issues. These include towns close to or downstream flow from the substation to the township and locations up for sale. FUTURE PLANS Phaeton has a few towns that they plan to visit to find suitable properties where they can connect plants to the grid. The target towns include Bencubbin, Bindoon, Cervantes, Cheynes, Horrocks, and Port Denison. Phaeton is building itself as a blockchain company based on solidarity by putting people before profit. They are doing so by following a structure that benefits communities in need. As a result, we can expect to see more renewable energy power plants built to help green blockchain technologies and provide blackout-prone areas with power. Phaeton has generated over $1.5 million within 24 hours of its launch. We can predict Phaeton’s value to go up rapidly and steadily.  

Which NFT Projects Should You Follow in 2022?

NFTs took the cryptocurrency market by storm last year. With numerous artists, athletes, and celebrities like Eminem, Snoop Dogg, John Cena, and Tony Hawk launching their own non-fungible token collections, hundreds of thousands of investors, collectors, and traders are waiting to get their hands on the hottest NFTs. Crypto users spent $44.2 billion of digital assets solely on Ethereum-based non-fungibles in 2021, according to a Chainalysis report. Most importantly, NFTs are definitely here to stay, with the sector continuing to thrive throughout 2022 and beyond. In this article, we have collected the seven best emerging NFT projects to follow in 2022. 1. OVR OVR combines the power of augmented reality (AR) and NFTs to create a next-level, community-governed virtual world. With 1.6 trillion of 200 square-meter digital land plots that cover Earth’s entire surface in the form of NFTs, the project seeks to create a bridge between the physical and virtual worlds via AR technology. The project has an ongoing initiative called Map2Earn, in which participants can earn native OVR tokens in exchange for scanning physical locations with their smartphones. The ultimate goal here is to generate a large, very detailed, and ultra-precise 3D map of the world that will provide the backbone of the ecosystem and open up numerous exciting opportunities within OVR’s AR-powered metaverse. According to the project’s data, users have spent nearly 6.7 million OVR tokens (worth $12 million) on the primary market. At the same time, 744,000 plots of OVRLand were sold to almost 25,000 owners, while 69,000 individuals participated in the Map2Earn initiative. 2. Corite CO The startup was founded by Universal Group and MTG alumni Mattias Tengblad and Emil Angervall. Instead of relying on major labels to succeed, independent artists can leverage the platform to turn their fans into backers and achieve their visions together. After the initial success of their fiat platform, the Corite team has been actively working on their most ambitious project ever, which leverages the trending Play-to-Earn (P2E) model, NFTs, and cryptocurrencies to achieve an even stronger connection between fans and artists. Built on the Chromia blockchain, Corite CO is a decentralized music platform that will eventually replace the original fiat service. The project recently acquired $6.2 million funding to launch its CO blockchain platform in Q1 2022. 3. Kryptomon Kryptomon is the Play-to-Earn blockchain game where Pokémon meets Tamagotchi and CryptoKitties. In an NFT-powered metaverse, players take on the role of trainers who collect, grow, upgrade, breed, battle, and, most importantly, care for and feed their Kryptomons. Every Kryptomon is unique, featuring a mutable genetic code of 38-randomized parameters determining their abilities, stats, how they perform in battle, and many other components essential to the gameplay. Powered by the native $KMON token, the Kryptomon ecosystem is still developing. While the project rolled out basic functionalities like egg hatching, Tamagotchi, marketplace and NFTs, and Treasure Hunt, many important features are expected to be released by Q3 2022. 4. LaCucina LaCucina is a food- and cooking-themed decentralized finance protocol where Ovens representing liquidity pools on select exchanges issue rewards to users who staked their coins into these pools. There are also Cooking Plans, which are flexible rewards policies tailored to each farming pool and based on specific liquidity provisioning attributes, such as quantity, timing, and duration. Unlike most protocols in DeFi, it doesn’t require users to stake their tokens on the platform to boost their earnings. Instead, they can generate more from their existing liquidity positions on other decentralized finance solutions via external farming. LaCucina has Secret Ingredients to make delicious profits on the DeFi protocol. And this important component is NFTs that are supercharged with additional use-cases. Combine Secret Ingredients into Dishes, representing special non-transferable NFTs, and apply them to any ongoing Oven to boost your rewards. For that reason, the non-fungible tokens utilized on the platform can influence your DeFi earnings. Currently, LaCucina operates in beta that is only accessible for whitelisted users. However, users don’t have to wait long to try the DeFi app, as the project will launch its public pilot mode with full functionality on February 2. 5. MultiNFT MultiNFT provides a wide range of services within the non-fungibles and blockchain gaming sectors to facilitate NFT adoption by making onboarding easier for newcomers. One of the project’s key highlights is its active participation in the metaverse club scene. MultiNFT operates Rage Club, a revolutionized nightclub venue on Decentraland, where users can enjoy techno, trance, house, and psy music with popular DJs on three different floors. MultiNFT is also present in the Sandbox, Netvrk, and other popular digital realms. Furthermore, the project features partnerships with key metaverse and NFT market players, such as Axie Infinity, Enjin, Decentraland, Ready Player Me, and Area 51 Agency. MultiNFT has already launched the presale for its MNFT token and celebrated the launch party at its Decentraland club. The sale gives a major boost to MultiNFT’s ecosystem by integrating DeFi support, unlocking early access to special content, and offering the opportunity to earn cashback, along with other features. 6. XMANNA XMANNA seeks to revolutionize how sports stadiums and clubs do business by launching a digital layer over physical sports properties to facilitate fan engagement via GameTech, AdTech, and FinTech. As a fully modular solution that can be tailored to suit each club’s needs, XMANNA offers whitelabel gamification and fan engagement services for sports market players. The project wants to incentivize active participation to strengthen the connection between athletes and fans. XMANNA already partnered with the Inter Miami CF soccer club. The project will become the club’s first-ever sleeve sponsor and integrate its loyalty application gamification platform with Inter Miami’s DRV PNK Stadium and marketing channels as part of the multi-year deal. DRV PNK Stadium is only one of the many sports arenas with which the project wants to partner. XMANNA plans to add more stadiums in the next five years and launch its own XMAN utility token, which will serve as the entry point to benefit from the project’s services. 7. Castello Coin Castello Coin is a crypto coin that uses artwork as a bridge between the world of finance, investment and traditional art and the new world of cryptocurrencies. It combines artistry and blockchain technology, providing an excellent opportunity to participate in the growing markets for art, digital art (NFT), digital gold and more. It opens the way for wide crypto adoption through NFTs and entertainment, erasing boundaries for art collectors while solving classical art investment problems such as a conflict of interest, royalties, price manipulation, and transparency. It will also provide access to high-end goods and exclusive artworks. The number of Coins is fixed to retain exclusive value. Castello coin has already been recognized in the art world and will be represented by world-renowned artists. The shortage of tokens and a unique corporate identity will make this currency one of the most promoted on the crypto market in the near future. The team consists of financial and crypto specialists, management consultants, marketing, PR and social media experts, and highly appreciated art critics, resulting in a combination of decades of international business experience. The NFT Sector Has a Bright Future Ahead In addition to many established projects and a rapidly-expanding ecosystem, there are many new projects that leverage innovative concepts, promising business models, and a fast-growing user base to provide value with NFTs. We have described only seven projects that work with sports, music, traditional art, gaming and the metaverse, but the NFT sector has a bright future in 2022 and beyond. We will see rapid development around this field even if cryptocurrency prices continue falling throughout the rest of the year.

Pending transactions stuck

Hey guys, ​ I have a question, I wanted to mint 3 NFTs but someone was quicker than me but now I have 3 stuck transactions and it have been stuck for a while now. I can't send my ETH back to my exchange or anything, it's still pending… ​ Can anyone please help me…
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