Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

If you had invested $1000 in USDT a year ago , your current value would be $1050 by staking it. The “neutral” side of investing into Crypto which no one talks about.

We’ve all see the headlines about SHIB, DOGE and other coins, "$1000 a year ago would be millions today", but to get those gains you'd need to invest really early. Through this sub we now have also seen what would have happened if you had invested your money into coins like Squid, Shibafever or BabyKrypto.…
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App that creates wallet and manage keys in mobile

Hello, I'm new to ethereum/solidity and I want to create a mobile app that creates a ETH wallet and deposit some ERC20 tokens… it will be a game/utility token to be used within the app… I'm ok on development, but new to blockchain… Where do I start? How safely manage private key in mobile? I'm…
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Sky Mavis Launches Katana, a Native Dex for Its Ronin Sidechain

Sky Mavis, the company behind the development of Axie Infinity, has launched Katana, the first decentralized exchange for Ronin, its custom-made Ethereum sidechain. Katana will feature all of the tokens used in Sky Mavis’ products, including SLP and AXS, the native tokens of the Axie Infinity ecosystem. This new product will allow users to earn […]

ADALend: Announcing Imminent Cross-Platform Development

ADALend, currently in the process of developing a decentralized financing (DeFi) project has just announced its plans to start the development of its cross-platform integrations very soon. The cross-platform integrations will simplify and allow access to decentralized financial services by a larger segment of users around the globe. ADALend’s GM, Javed Khattak, has earlier announced that ADALend will work on its UI and the platform’s user experience and simplicity to provide less barriers of entry for traditional users to get involved with decentralized financing. About ADALend ADALend is a decentralized lending protocol governed by the Cardano system. Within this Cardano system, ADALend will influence the flexibility of digital finance markets by providing a basis for immediate access to loans and collaterals, resulting in sustained liquidity of the blockchain assets of the lender. Permissionless Lending On Any Pairing Guarantees the users will always be granted the best offers available secured by multiple layers of oracles removing the need for permissions on any pairings. Incentivised Liquidity The idea behind incentivizing deposits will keep ADALends’ pools highly liquid, securing low-interest rates and the availability of assets for borrowers. Community Governance Governance proposals issued by the ADALend or the community will have to reach a consensus by the token holders through a system of voting. Guarantee that the project will always be propelled in the best interest of the user and the ADALend community. Ecosystem Foundation Layer The ADALend project will host a layer of financial products aimed at developing the entire project as its own financial solutions platform providing users with a complete independent ecosystem to replace traditional and non-traditional financial solutions. ADALend encourages all to read its published whitepaper and get familiar with all the amazing features and protocols that the project encompasses. For more information please visit https://adalend.finance    

New study reveals which US cities lead crypto hires in 2021

LinkedIn data shows while major cities lead the crypto-related hires, half the jobs in the U.S. are dispersed around the country.

😱😱😱

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

Thinking about staking with rocketpool.

Any possibility to so now and not wait for mainnet launch? How safe it is in comparison with well established cex-es? Can they rug if they decide? submitted by /u/autum88 [link] [comments]

Hubble Protocol Unpacks Major Issue for Developers at Solana’s Breakpoint Conference

Solana will host its first major conference, Breakpoint, in Lisbon this November 7-10. Breakpoint will be attended by a long list of big names in crypto who will be leading panels in three different conference locations on the future of Solana, DeFi, and NFTs. Speakers at the event will include Balaji S. Srinivasan, former CTO of Coinbase and General Partner at a16z, Jeremy Allaire, Co-Founder, Chairman, and CEO of Circle, Sam Bankman-Fried, CEO of FTX and Alameda Research, Anatoly Yakovenko, CEO and Founder of Solana Labs, Raj Gokal, COO and Co-Founder of Solana Labs, and Meltem Demirors, Chief Strategy Officer of Coinshares, among many others. The Solana network, which currently boasts the highest throughput for any public blockchain (65,000 TPS), has also invited key members of its ecosystem to learn from each other and network during the conference’s packed agenda. Over the course of three days, some of Solana’s best developers will be meeting at Breakpoint’s Developer track venue, SUD Lisboa, to hold workshops beside Lisbon’s beautiful Tagus river. Breakpoint Kicks Off with Dev Workshop from Seasoned Pro One of Breakpoint’s first workshop slots, titled Maintaining Global State in Solana, will address an important issue for successfully running smart contracts on Solana. The workshop will be led by Hubble Protocol’s project lead, Marius Ciubotariu, a veteran programmer who spent eight years developing FinTech solutions in Bloomberg LP’s London office. About his experience at Bloomberg, Ciubotariu shared, “I was writing code to price exotic derivative products using Monte Carlo simulations in C++, built the derivatives lifecycle engine using OCaml (a functional language sharing a lot of similarities with Rust), and acted as a Tech Rep advocating for internal usage of Rust and OCaml and building infrastructure libraries in Rust and OCaml for the Bloomberg devs to use.” Ciubotariu found his way to the Solana community by participating in Solana’s first hackathon, Season. During the hackathon, he single-handedly coded the Rust smart contracts for ZeroInterest, a project that gained acclaim from the press and received an honorable mention from the hackathon’s judges. In It For The Tech: Why Ciubotariu Launched Hubble on Solana After parting ways with ZeroInterest, Ciubotariu decided he wasn’t finished with DeFi. After giving it much consideration, he tendered his resignation with Bloomberg to pursue DeFi full-time and founded Hubble Protocol on Solana. Ciubotariu explained that he found working with Rust on Solana made more sense than building a DeFi protocol on any other network for several reasons. “Rust and Solana have a similar philosophy when it comes to running things in parallel, both of them having learned the lesson from years of computer science research,” he said. “For example, Rust does not allow the programmer to run a computation in parallel—eight cores, for example—that would modify the same piece of memory without a locking system. In the same fashion, Solana does not allow transactions to be run in parallel if they touch the same account IDs. That’s in stark contrast with Ethereum, which does not parallelize any transaction at all.” Ciubotariu went on to say that, “Solana’s Sealevel runtime knows what accounts will be affected by what transaction, allowing for non-overlapping transactions to execute in parallel. Since most users or contracts are pretty independent of each other, you have a chain that runs thousands of transactions per second without any conflict or threat to safety or performance. This is one of the core eight innovations Solana has pioneered that make its network an outstanding home for DeFi.” About Hubble Protocol: Building the Future of DeFi on Solana Hubble Protocol aims to become a leading provider for the next generation of DeFi services that will leverage Solana’s high latency and low costs for the benefit of its users. Ciubotariu hopes to combine Solana’s powerful speed with his years of experience coding Rust and other languages for Bloomberg to create truly useful and sustainable DeFi products the whole world can use one day. Hubble will begin its mission to bolster DeFi on Solana by developing a crypto borrowing platform that allows users to yield interest on collateral deposits of multiple assets like SOL, BTC, and ETH. Hubble will be a zero-interest platform for borrowing, and users will be able to mint USDH, Hubble’s stablecoin pegged 1:1 with USD, for a low one-time fee of 0.5%. As a fee-sharing protocol, Hubble distributes nearly 100% of the fees collected by its services to users who stake HBB, Hubble’s native token, on the platform. A small percentage of these fees are returned to the protocol for maintenance and development, but the lion’s share is returned to Hubble’s DeFi community. In Phase 2 of the protocol’s roadmap, Hubble will begin providing Solana’s DeFi community access to structured products, which its project lead, Ciubotariu, spent years developing during his time with Bloomberg. After that, in Phase 3, Hubble will focus on developing undercollateralized lending services, which could become a revolutionary service that attracts more mainstream attention to DeFi in the future. Captained by a project lead with years of experience coding financial products for Bloomberg, it will be interesting to see what innovative services Hubble will introduce to Solana’s blooming DeFi ecosystem as it powers through the future phases of its roadmap.  

L2 shenanigans

anybody concerned about all these L2 and how they will affect user experience? Ofc when we get sharding will fees go down on L1 and stuff, but i believe sharding to be atleast 1,5 years away. submitted by /u/Naapurinpoika123 [link] [comments]

Mintverse Closes Successful Seed Round of $1.5M

PRESS RELEASE. Dubai, UAE, 5th November 2021 — Mintverse, a new and improved NFT service platform, closes their seed round raising $1.5 million from private investors. Led by A&T capital, and other large investment firms including Mirana Ventures, Longling Capital, Genesis Block Ventures, FBG, Fenbushi Capital, Cipholio Ventures, Nebulas, Ceras Ventures, NDG and other individual […]