Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Where is the XLM Hype?

Just recently bought some XLM to use for transferring to other wallets and maybe swap for other currencies, because I heard the "Gas" fees where minimal and I was profoundly surprised when I paid only a fraction of a cent for the transfer. So I am surprised by the fact that everything is so stagnant…
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Binance's Paysafe deal worries UK financial watchdog

Binance lost access to the sterling payment network in July, however, the Paysafe partnership opened the gates to the restricted services.

How resilient / decentralised is Ethereum?

Coming from someone that isn't too tech savvy crypto-wise, how safe is Ethereum in the long run? Amidst increasing pushback from governments worldwide as well as those who wish to gobble up as much control as possible, is Ethereum decentralised enough? My understanding so far (and please correct me if I'm wrong) is that Bitcoin…
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Temple of Sorrow nftcollection “Elishah” by WhiteHash | Ravencoin NFTs.🅁🅅🄽𓄿

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

Why Warren Buffet and Berkshire Hathaway Investing $1B in Brazilian Digital Bank Nubank is such a HUGE win for Crypto

For those who did not see the news yesterday, Warren Buffet and Berkshire Hathaway has now invested over a billion dollars in the Digital Bank Nubank. Although Nubank does not allow trading in cryptocurrencies, its investment unit, NuInvest, allows users to invest in crypto ETFs, according to the company website. (rumors also saying they will…
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Spanish Civil Guard Busts Organization Dedicated to Laundering Money With Crypto

The Spanish Civil Guard has broken up a group that used cryptocurrencies as a tool to launder money. The organization, that operated in Madrid, supposedly lent these services to other criminal organizations. The MAUNA operations, as they were called by the Spanish Civil Guard, discovered phantom companies in several countries like Spain, Belgium, Sweden, Germany, […]

Meet VenomDAO: The DeFi Protocol Building Liquidity For A Multi-Chain World

VenomDAO has been bringing liquidity to the Harmony ecosystem since its launch. It has continued on this path with a number of products that allow users of the network to take advantage of its unique opportunities. It played an important role in ushering DeFi users into the Harmony ecosystem and its liquidity infrastructure is being applied across multiple blockchains. As the one-year anniversary of the protocol draws close, VenomDAO has continued to provide a much-needed service to the Harmony community. From the launch of ViperSwap, the first AMM/DEX offering incentives and populating yield farming, to CobraSwap on BSC, its first multi-chain expansion, VenomDAO has solidified its place as a thought leader on Harmony. But what’s next? VenomDAO Launches Comfy Money Comfy Money is the latest in a long line of products that have been released by VenomDAO. This new product features an algorithmic stablecoin that will be pegged to $ONE.  It is a multi-token protocol which means that there is more than one token operating on the platform. Comfy Money features three tokens including $COMFY, $CSHARE, and $CBOND. As for the underlying mechanisms, they will systemically adjust $COMFY’s supply to move its price in accordance with that of $ONE, making it a stable peg. Comfy Money will act as an incentive for Harmony users to stake more of their $ONE tokens to act as validators to maintain and secure the blockchain. $COMFY which is a 1:1 peg will then be used and traded across all DeFi protocols on the Harmony network without losing out on the appreciation of the $ONE token over time. Comfy Money will aid VenomDAO in continuing to build liquidity infrastructure for a multi-chain world. Building For The Future VenomDAO’s suite of products, consisting of past, present, and future launches all build into its mission to bring liquidity to Harmony. The blockchain which is seeing DeFi activity ramp up in recent times has seen a number of protocols launched. Each one of these needs liquidity and VenomDAO presents a way for projects to bootstrap and own their liquidity right from the very start using the Launchpad. An upcoming money market product from VenomDAO is aimed at capturing additional TVL (Total Value Locked) for the Harmony ecosystem. It will provide deeper liquidity in the ecosystem and bring additional use cases to the VIPER and WAGMI tokens. It will also see the launch of a perpetual/leverage platform that will utilize ViperSwap and Money Market to bring leveraged trading and leveraged yield farming to its users. Existing products will also get a facelift this year with a new UI for ViperSwap, alongside a move to veVIPER and decentralized allocation via gauges, gamification, and NFTs that unlock unique functionality. Furthermore, VenomDAO will bring Protocol Owned Liquidity (PoL) with WAGMI getting new bonds to enable auto-staking/flexible vesting and WAGMI Pro with bonds as a service for existing Harmony projects seeking their own liquidity.  

Is there an Ethereum payment wallet similar to Muun Wallet for Bitcoin transactions?

I use Muun wallet a bit for lightening network transactions and wondered if there is an equivalent for Ethereum. And would this need to be a layer 2 solution to get fast enough transactions? submitted by /u/Slocken [link] [comments]

Fireblocks acquires stablecoin payments platform First Digital

Fireblocks CEO Michael Shaulov said his company wants to “help every business become a crypto business,” referring to their ability to accept digital payments.

To really understand the cryptocurrency revolution, we must first understand how currency works!

Figured i’d share this research report i found discussing the history of currency. There are a bunch of interesting lessons we can pull from here in the realm of why currency is adopted, how governments fought for its enactment, and what we can do to make sure that crypto gains the adoption it deserves. It’s…
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