Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days

30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the TVL still increased by 9.56%. At the time of writing, there are 135,148 unique depositors and Axie Infinity’s Ronin Bridge holds the largest TVL. Cross-Chain […]

Many of us are here for the tech, and not just for a “get rich quick” scheme. The current financial system is a disgrace and Crypto is our only hope to change that.

Of course who doesn’t like money? We all do. But for me crypto is not just about the money. It’s about doing something good, making the world a better place for our children. Giving power to the people and not to corrupt governments. Making managing money simpler and easier. Making transactions smarter and faster. DeFi,…
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A journey of a $10

So back in May I invested $10 in a shit coin that happened to pump and I sold in the right time. And its funny how this $10 progressed so far • $10 in shitcoin made $1200 • I reinvested $1200 in CAKE and sold it and converted my investment to $2200 after 4 months.…
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The market is now on Extreme Fear. If history is correct, this is the best time to start buying.

The Crypto fear and greed index is now at 21 points signaling "Extreme Fear." Every time the market entered "Extreme Fear" in the past, it had turned out to be an excellent buying opportunity to buy at lower prices. I think this time is no different as Crypto is perhaps one of the only assets…
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What are OUT token transactions from the Black Hole address?

I've noticed that the Black Hole address on Etherscan has many OUT transactions that use the "deposit" function. I thought nothing could come out of the Black Hole. What do these do? submitted by /u/Maleficent_Plankton [link] [comments]

Online content streaming is dead. Long live the music NFTs

Goodbye Spotify, music nonfungible tokens have arrived: Reimagining the music streaming model in the Web 3.0 era.

Moving Funds from L1 to L2 to Ledger

I just got my Ledger yesterday, and I'm trying to move my Ethereum from a standard wallet to an L2 that is compatible with Ledger. My goal is since I'm paying gas fees to move everything I might as well pay them once and not worry about them again. Ideally I would like the ETH…
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Question about side chains, layer 2, and their tax implications

I believe moving L1 tokens to a side chain like polygon or xDai would technically be a taxable event in the US because bridging involves trading one version of the token for another chain's version of the token. Would this technically be true for transferring to L2s like arbitrum, loopring, optimism, etc. also? submitted…
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Bridges among EVM compatible SideChains (L1): Problems

I've been experimenting with bridges such as AnySwap, Celer and HopExchange to move assets across different EVM compatible chains, but with all of them I'm facing the same issue: Most of the bridges don't allow to send their native asset from blockchain_a to blockchain_b This results in having a frozen asset that can't be moved.…
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Convinced ETH miner to jump Raven! Done.

submitted by /u/Cultural_Traffic_321 [link] [comments]