Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Buying Stocks through Ethereum Wallet

I am just curious, is it possible to buy stocks directly through a crypto wallet? If not is there anywhere one can read about creating smart contracts that invests in the stock market in a trustable way? Thank you! submitted by /u/chick3234 [link] [comments]

Crypto competition by market cap, eth on 2nd

submitted by /u/ramdhakal10 [link] [comments]

Privacy Startup Nym Technology Raises $13 Million in Series A Funding Round Led by Andreessen Horowitz

Blockchain-powered privacy web startup Nym Technology has raised $13 million in a funding round that puts its valuation at about $270 million. The round was led by venture capitalist Andreessen Horowitz (a16z Crypto) with Grayscale’s parent company Digital Currency Group, Huobi Ventures, Fenbushi Capital, HashKey, Tayssir Capital, and over two dozen others participating in this round. Nym aims to be the best fit for “bitcoin and Layer 2 solutions” and has plans to maybe even integrate its technology with protocols like Lightning Network, Nym CEO Harry Halpin said in an interview. The fresh capital will be used for new hires as Nym aims to expand its eight-member team to nearly 4x. It has already recruited former U.S. Army intelligence analyst and whistleblower Chelsea Manning, who leaked thousands of classified documents using the privacy software Tor. Amidst this, Nym’s co-founder George Danezis, also rejoined the project last month after briefly leaving the project to help design Facebook’s digital currency Libra (rebranded Diem). His other company Chainspace that he co-founded, was also acquired by the social media giant. Starting next year, Nym is also planning to give out grants to independent third-party developers. Just four months back, Polychain Capital led a $6.5 million investment in Nym, and before that, in 2019, Binance’s VC arm had led a $2.5 million seed investment in the privacy startup. “Encryption is becoming an incredibly important component of the internet today, and Nym provides privacy at the very bottom layer as a foundation for other private solutions to be built on top,” said Ali Yahya, general partner at Andreessen Horowitz. Make Privacy Real on the Entire Internet The three-year-old Switzerland-based company uses mixnet, where node operators are rewarded with tokens to mix internet traffic and make it harder for adversaries to get information at the highest level, including nation-state level mass surveillance like NSA. Nym also offers privacy credential services to allow users to only allow access to part of their activity when required without revealing their identity. Currently operating in test mode, Nym has about 5,000 nodes and 30 validators, with plans to go live at full capacity by the end of this year. Just last week, the team released a desktop wallet for node operators to pledge their tokens to join the Nym network. In return, they earn more tokens based on their amount and quality of work in mixing the internet traffic. It ensures the quality of services while incentivizing miners for work well done. These economic incentives, along with mixnet’s potential, according to Halpin, will help Nym “to make privacy real on the scale of the entire internet.” Besides wallet, the Nym Network also released open-source code for the world’s first Mixnet Explorer, which it defines as an essential tool for decentralized quality control and security auditing. Additionally, Nym’s tokenomics has been fully coded up and deployed to testnet Milhon, said the team during its weekly developer update.

Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets

Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its value skyrocket this past week 46.9% higher over the last seven days. Avalanche has also crept into the top ten digital asset market valuations with […]

I’m definitely going to get banned from r/bitcoin for defending PoS.

Context: I was looking at r/Bitcoin and someone asked the question asking if PoW was superior to PoS https://www.reddit.com/r/Bitcoin/comments/qyt9lf/pow_superiority_over_pos_in_the_longterm/?utm_source=share&utm_medium=web2x&context=3 I have heard that they are censoring anyone who doesn't join the echo chamber there so I thought I would share what I posted here below. Please let me know if I said anything is is…
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What is Mimblewimble and how does it work?

Mimblewimble is a spell that literally ties the target’s tongue to keep them from exposing information on a given subject. It is well-known among Harry Potter enthusiasts.

Land Art is Exploding in the NFT World

Amidst rising global wealth, resurging interest in blockchain, and a shift in cultural prominence towards digital experiences, NFTs have become a powerful medium for art. Next Earth, an NFT-based replica of Earth, has seen tremendous growth over the past year. They recently released an update with major new features including Land Art, which allows users to create art on Earth using colored tiles. Next Earth has built its community by giving users more ways to own unique lands in the metaverse. This represents an ongoing shift in our culture towards experiences over products, and digital worlds where users can express themselves freely are becoming more prominent than ever before. Let’s look at 5 cool new Land Art pieces created by Next Earth users. 1) Sonic Landart in Ibiza  Sonic the Hedgehog is an iconic video game character and a global cultural icon. A Sonic piece was created by Next Earth user Onyx. This character holds a nostalgic significance as a generation of gamers grew up with Sonic. It’s also a piece that offers a fun, whimsical take on the world. It evokes feelings of nostalgia and joy, which is hard to achieve in an art piece without being too sentimental. This Sonic Landart stands out as a personal homage to one of the most influential video games ever released, while also representing a sense of optimism for the future. Whether or not a piece is a hit with the community is irrelevant. Everyone has their own interpretation of what art is and how it should be used, and that’s one of the exciting things about NFTs. 2) Halloween Cat Landart  Next Earth user Nollis created a whimsical piece that combines a popular holiday, Halloween, with a pop culture icon. This may go down in the metaverse history books as creative use of NFTs. The Halloween Cat Landart is a dark black cat standing in front of an ominous-looking blue sphere. The entire background is shrouded in dark colors and looks like it could be from any corner of the world. In context, this piece represents many different things to different people, depending on their age and cultural heritage. It’s part of Next Earth’s goal to build up an ecosystem where users can express themselves freely without censorship or barriers, so what someone thinks or feels is just as important as what they create. 3) Real Estate Cryptopunks  Cryptopunks is a famous NFT project, but the pieces are now too pricey for most people to own. Next Earth user JH87 created a real estate version of Cryptopunks called Cryptopunk 3443 + 9280, for just 1.5 BNB. This piece features two iconic images in one. 4) Godzilla  Godzilla is more than just a mythological beast. He’s a global cultural icon and a pop culture phenomenon that has been referenced and parodied in hundreds of movies, shows, and books. Next Earth user Nollis created an NFT piece called Godzilla Attack. The artwork is rendered in detail to look like the famous monster from the movies. This is another piece that brings together two of Next Earth’s core values: Art and technology. It’s special because it represents something so big while also being detailed yet nostalgic — two qualities associated with pixel art today. Looking carefully at Godzilla’s legs and tail, you can even see it make ripples in the water. 5) Doge Doge is a viral Internet meme that has become a pop culture phenomenon. It has been used countless times as a form of online expression and is now more famous than ever. Next Earth user with the pseudonym “Trump” created a piece called Dogecoin Dubai Burj Al Arab. It’s rendered as a pixel Doge character, below a flag. Doge is both an art piece and a message to send people — it can mean anything you want it to mean, which makes it an important part of art history and modern culture. Takeaways Land art is fast becoming a global phenomenon and NFTs are responsible for bringing people together across borders and cultures. We’re all citizens of the metaverse now and we’ll see the virtual world expand into every aspect of our daily lives. The Next Earth team is working tirelessly to build a truly decentralized metaverse and we believe they will succeed in their vision for a truly free world. Their approach is innovative and forward-thinking, while still firmly rooted in the blockchain community which has already welcomed them with open arms.

Why I am extremely bullish on XMR

Monero is what everyone thought bitcoin was about. Private, secure, ultra low fees, untraceable and truly decentralized. Decentralization: Monero is ASIC resistant and CPU mineable, that means it would be extremely hard for someone to attempt to centralize it. It is also profitable to mine it off of your CPU. Privacy: There is a reason…
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Question time

So for the first question i was wondering if proof of stake will be incorporated with eth 1.0 or will it come with eth 2.0 Second question is if eth 2.0 will be a compleatly new crypto of if eth will be updated to eth 2.0 submitted by /u/oscar1668 [link] [comments]

Bitcoin avoids recent lows as BTC price eyes $60K into the weekly close

Things are looking up for Bitcoin bulls after the weekend delivers some much-welcomed relief after multi-week lows.