Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

What will happen with ETH if Vitalik B suddenly dies?

Forgive the blunt question but I have to ask… Will the community continue develop actively eth or it will significantly stagnate? Currently do most changes pass through him with his approval? Can the community ruin Ethereum without his presence? Will price crash 80%? submitted by /u/gen66 [link] [comments]

Using 1Inch Directly From iPhone for instant swapping/trading

Hye guys I've just made a complete tutorial video for the community of how to use 1Inch from iPhone, or any other mobile phone: https://www.youtube.com/watch?v=G1A0SkWMlDk It's very convenient if you have a hot wallet (don't put a lot of money on it because It's not that secure) and you want to execute swaps and trades…
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[Wraning]: This is “exactly” what happens when you do KYC with an exchange!!

~ !! This is a Warning To ANYONE EVERYONE doing KYC at any exchange !! ~ You know what? I requested ALL data collected by Coinbase (as per GDPR rulebook). Opened my account with them 4 years ago. They took 3 weeks to process the data into a BIG chunk zip file, and sent it…
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Meet Cradles: Origin of Species — a prehistoric Metaverse based on EIP3664

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

Online electronics shop Newegg to accept Shiba Inu crypto during holidays

Newegg was one of the first online American retailers to accept crypto, starting with Bitcoin and eventually Dogecoin.

My bank paid me £0.01 interest this month based on ~£2,000. 77100%+ less than Cryptocurrency would have made me if I staked the same amount in stablecoins

Banks make a tonne of money off of our money and custom. It’s well known that banks manipulate the money supply and interest rates. They have the ability to increase and decrease the money supply, resulting in major economic changes. They make money from interest loans, account usage, applications, ATM charges, credit card charges, deposits,…
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Cardano passes the 20 million transaction mark without a single outage in 4 years

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

New unreleased Intel GPU from XFX rips in mining!

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

WagyuSwap’s $WAG Staking Lets Users Earn Their Favorite Crypto Assets via The Great Steak

The world of cryptocurrency staking is set to undergo significant changes in the coming years. One example is WagyuSwap, a recently launched decentralized exchange on the Velas blockchain with native staking support. Holders of $WAG tokens will earn different types of rewards through “The Great Steak” – an industry first. High Staking APYs Remain Appealing When users seek to stake their favorite crypt assets, they want to maximize their yield as quickly as possible. At the current industry average of 10.44%, there is a solid reason to explore currencies supporting proof-of-stake. Another option is using staking platforms that provide similar functionality to more currencies, even though that might yield lower earnings. When opting for external providers, those with the highest APY will often win out. Users are compelled to use exchanges, as they can also store their crypto there. Coinbase and Binance are popular options on the “ease of use” front, even if their APY might not be the highest. However, an APY of up to 120% through a DeFi platform like SWAPP Protocol is hard to pass upon – But the dangers are, of course, fluctuation and untrustworthy platforms with no history. However, there is still room for innovation and change in the world of cryptocurrency staking. The WagyuSwap team has, after bringing the first DEX to Velas, introduced “The Great Steak.” It is in line with the exchange’s overall theme and changes the game on how to reward $WAG stakers. Users will gain access to a variety of hot market coins, creating a precedent in the industry. What Is The Great Steak? In its current form, The Great Steak lets users stake their $WAG tokens and earn $SCAR, the native token of the popular Metaverse ecosystem Velhalla. The great steaking event is live! First up stake $WAG earn $SCAR! Tasty! 🔥🧑‍🍳🥩 Go get it! https://t.co/CeJ36utQkz pic.twitter.com/xXAvhCyHXA — WagyuSwap (@WagyuSwap_app) December 1, 2021 The $SCAR rewards are the first step for $WAG stakers. Future rewards will include tokens from other recently launched projects with successful IDOs. The list includes BitOrbit, VelasPad, TRONpad, BSCPad, and many others. Different rewards can attract more users to Wagyuswap and help others diversify their crypto portfolios. The rewards come from various successful projects on the Velas blockchain. That makes sense, as WagyuSwap runs on that network. It has been an exciting year for Velas, with dozens of projects exploring this technology stack. Moreover, the network provides a high transaction throughput, very low fees, Solidity support, and the Velas Grants Program. That latter initiative offers $100 million in grants to developers bringing innovative projects to Velas. Closing Thoughts The Big Steak by WagyuSwap will continue for the foreseeable future. Rotating rewards from staking are a novelty in the industry, and the team has plans to support multiple prominent tokens in the future. It is intriguing to see how developers change staking rewards through this rather simple yet potentially powerful method. More importantly, this initiative casts a spotlight on the Velas ecosystem. It is the only blockchain with a multi-asset staking reward project to date, and certainly one to watch in the coming months.

How NFT Cypherpunks Help Holders Get Richer

Non-fungible tokens have become one of the most popular investment assets. Collectors and gamers massively bought up NFTs in the hope of reselling them at a higher price or using them in the metaverse or as a tool of preferences included in the mechanisms of the project’s functioning. The development of the Play-2-Earn sector has expanded the scope of tokens, which can now be used as avatars or attributes in computer games. In addition, some NFTs can generate good returns through secondary sales. How non-fungible tokens are used today and whether collectible pictures have a future, we will consider the example of Cypherpunks. NFT with history is always more valuable The first NFTs were created back in 2017. It was at this moment that crypto-kitties and crypto-sharks appeared on the market, which was too primitive in their execution and game mechanics. In 2018, the idea of ​​creating Cypherpunks came up. The creators wanted to tell users about crypto encryption in an accessible form. But at that time it was something unusual and difficult for the average man in the street. Now it is a whole industry of cryptocurrency and blockchain with its own history. Today, the original Cypherpunk collection has 30 unique NFTs traded on the OpenSea marketplace. Every week the issuing company releases a new unique cypherpunk, the price of which rises proportionally from lower to higher. The last cypherpunk issued was sold for 6.15 ETH, which is more than 27,000 dollars. The developers explain the success of the Cypherpunks collection by the presence of historical context, as well as the limited number of copies. “We have deliberately released a very limited collection of Cypherpunks to bring token holders to true digital art connoisseurs. The cost of NFT will gradually increase as the project develops”, comments founder M. Kubrick. NFT for Play-2-Earn games This winter, the company will release two more collections of NFT tokens that will be used in the new Play-2-Earn game, which is scheduled to launch in 2022. “The new collections will include 3000 NFT and 30,000 NFT. In addition to being linked to the pool and blockchain, they will be used to participate in the Play-2-Earn game, which we will launch next year”, says M. Kubrick. Cyhperpunk 30 NFT eligible to generate nodes on the blockchain, one of the last stages and most ambitious goals of the project. Cypherpunk: rebels has 3,000 tokens. The sale of the NFT collection starts on December 15th. The owners are directly involved with the functional collection in the “Devouring pool”. Inclusion in the “founder’s bonus” pool at the stage of node formation. Сypherpunk: anarchist has 30,000 tokens. Each user will be included in the “conceptualist” pool at the stage of forming the network of nodes. Each NFT will be a unique character in the game, with a ranking system depending on the rarity of the collection. In December, the company will start selling NFTs from the Cypherpunk: rebels collection. Therefore, today users can register in the white list and receive special conditions for the purchase of NFT. The stablecoins that are changing the world of finance In addition, the issuing company plans to issue its own stablecoin, which will “reflect the level of user confidence in the traditional financial system.” “We can accurately measure and track how and at what rate the US dollar loses its initial value relative to itself. After all, the value is trust in the current government and the US economy. If now we see (take figurative values) that confidence in the dollar is equal to 100 units, then with the same certainty we can say that the value of 110 is 10% more, the advance of 10% is an understandable advance, but there is a simple conclusion that it is higher than 100 % of the advance is already forced connivance. The advance payment of 100% was passed a long time ago, we give one more chance and start the countdown over again”, commented M. Kubrick. Algorithmic stablecoin based on the Reverse USD index. USDR is a token whose price is the expression of the Reverse USD index. A person issuing USDR from USDT receives the number of tokens corresponding to the index coefficient, for example, if the index reflected a 10% drop in the value of USD, this means that the rate became 1 USDT to 0.9 USDR, but with the reverse exchange at the same moment, 0.9 USDR will be changed to 1 USDT. The pool is closed within the USDT-USDR exchange, the usual dollars will always be available for withdrawal. The amount of USDT that provides USDR will always provide an equivalent exchange in the opposite direction, and if a person puts 1 USDT into the pool, he will receive 1 USDT back, even if the USDR rate is $0.1. The CexToDex index will reflect the process of transition of the outdated centralized financial system to the new one – decentralized. This index has a numerical value, the ratio is representing the total value of values ​​in two areas denominated in dollar values. Fiat currencies and derivatives are valued essentially in themselves or in the base currency of the US dollar. This indicator has an understandable nature and its growth is commensurate with the progress and general development of human society. There is also a process, the essence of which is partially described in the information accompanying the Reverse USD index can be described as an uncontrolled process of devaluation of common values ​​due to the devaluation of the currency in which almost everything in our world is now denominated. We will change this approach. More information on how USDT-USDR works, games in the cypherpunk universe, and the future of blockchain can be found on the website and on social media networks of the project. Summary: The creation and popularization of NFT are indeed changing the traditional finance market significantly. Non-fungible tokens are becoming not only digital collectibles but also used in the Play-2-Earn gaming sector. The widespread use of NFT allows users to profit not only from secondary sales but also through integration into the functional mechanisms of projects, such as games.