Advice

How Miners Can Hedge Their Inventory to Increase Return on Investment

Source Node: https://cointelegraph.com/news/how-miners-can-hedge-their-inventory-to-increase-return-on-investment

Time Stamp: August 9, 2020 7:30 PM - Modified On: May 21, 2021 - Published By:

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To a newcomer, crypto mining may sound deceptively easy — essentially, a way to switch on a machine, walk away and watch the lucrative crypto rewards roll in. But the reality is a little more complicated.The oldest and most powerful crypto out there, Bitcoin (BTC), uses a proof-of-work algorithm to ensure it’s blockchain’s security, and plenty of other influential cryptos have followed suit. Miners in PoW protocols receive a crypto reward whenever they’re the first to submit a correct answer to the cryptographic math problem that seals each new block

International Group of Finance Leaders Says Ripple’s XRP Remittance Network Leapfrogs Traditional Banking System

Source Node: https://dailyhodl.com/2020/08/01/international-group-of-finance-leaders-says-xrp-leapfrogs-traditional-remittance-system/

Time Stamp: August 1, 2020 9:00 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

ADVERTISEMENT An independent body of global finance leaders says Ripple’s XRP-powered cross-border payment platform “leapfrogs” the efficiency of traditional remittance methods. The Group of 30 published the report, calling on central banks and financial authorities around the world to be proactive in terms of regulating digital assets. G30 experts discuss the theoretical possibility of a “systemic hegemonic currency,” which some academics have posited could possibly reduce “spillover shocks” that come with the US dollar acting as a reserve currency. The systemic currency could come in the form of a stablecoin

Bitcoin and Ethereum Whales Move $231,000,000 in Crypto As Ripple Shifts 37,000,000 XRP From Genesis Wallet

Source Node: https://dailyhodl.com/2020/08/01/bitcoin-and-ethereum-whales-move-231000000-in-crypto-as-ripple-shifts-37000000-xrp-from-genesis-wallet/

Time Stamp: August 1, 2020 3:04 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

ADVERTISEMENT Crypto whales are surfacing in big numbers, moving hundreds of millions of dollars in Bitcoin and Ethereum while BTC hovers around the $11,400 mark. In the last 24 hours, the crypto whale watching bot Whale Alert tracked 11 large transactions to the tune of 15,006 BTC, worth about $231.63 million at time of writing. Three transfers sent 4,600 BTC worth $51.65 million from crypto exchanges to wallets of unknown origins, suggesting that the owners may be accumulating the top cryptocurrency. Two transfers moved 2,300 BTC worth $25.7 million from

How to avoid crypto scams on social media

Source Node: https://medium.com/blockchain/how-to-avoid-crypto-scams-on-social-media-c1055ece43a8?source=rss----8ac49aa8fe03---4

Time Stamp: April 8, 2020 11:11 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Social media is a great way to connect with others, stay informed and express yourself. But like everything in life, there are those out there who will try to use it to their advantage. In the past few weeks there’s been an increase in bad actors on social media, sometimes impersonating Blockchain.com accounts. We want to make sure our community is as safe and informed as possible.Firstly, we will never ask you…To send us moneyTo provide a password OR your 12 word recovery phraseFor a fee to upgrade your account

Q&A: What is Prime Brokerage, and Will it Gain Traction in Crypto?

Source Node: https://cointelegraph.com/news/qa-what-is-prime-brokerage-and-will-it-gain-traction-in-crypto

Time Stamp: April 6, 2020 12:22 PM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

From margin trading to futures, many services have made the leap from traditional financial instruments to cryptocurrency. But there’s one that has yet to enter the consciousness of most crypto traders: prime brokerage.Here, Bequant CEO George Zarya explains why 2020 could be the year that this technology starts to gain momentum, how it’s used across commodities and equities, and what it could deliver to those who currently own digital assets.1. Can you explain prime brokerage simply? And why isn’t it common in the crypto world?The main pain point a prime

Poloniex Creates Tron-Only Platform, LaunchBase to Enter IEO Space

Source Node: https://insidebitcoins.com/news/poloniex-creates-tron-only-platform-launchbase-to-enter-ieo-space/256636

Time Stamp: April 6, 2020 3:21 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

On the 5th of April, 2020, the crypto exchange Poloniex had revealed its new initial exchange offering (IEO) platform, powered through Tron (TRX).The Many StipulationsProjects aiming to do their IEOs through the new platform have to adhere to a stipulation that one would expect from Tron’s exchange: The issuing of tokens must be done in exchange for TRX and will be done on a first-come, first-serve basis.The company was quick to state that partner projects, besides needing to agree to raise the money through TRX. Projects are further mandated to

Poloniex Enters Controversial IEO Space With Tron-Only Platform

Source Node: https://cointelegraph.com/news/poloniex-enters-controversial-ieo-space-with-tron-only-platform

Time Stamp: April 6, 2020 1:00 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Poloniex revealed its forthcoming Tron (TRX)-powered initial exchange offering (IEO) platform on April 5.Projects seeking to conduct their offerings on Poloniex’s LaunchBase platform face the stipulation of issuing tokens in exchange for TRX, and will be considered on a “first-come, first-serve” basis.Poloniex announces Tron-powered IEO platformPoloniex asserts that LaunchBase is intended “to help quality blockchain projects grow and further develop their ecosystem,” stating that it will “offer professional advice and guidance” to assist partner projects.In addition to agreeing to raise funds in TRX, partner projects will be subject to “eligibility

Staking, Consensus and the Pursuit of Decentralization

Source Node: https://cointelegraph.com/news/staking-consensus-and-the-pursuit-of-decentralization

Time Stamp: April 4, 2020 3:02 PM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Oh, the wonders of decentralized consensus — that dream of permissionless blockchains to be censorship-resistant, trustless, collaborative and egalitarian for a potentially global community of users. While lofty in ideals, consensus is foundational for each crypto network, which must agree upon that most basic question of who decides what on the network.Decentralized consensus in the form of a proof-of-work mechanism was at the core of Satoshi Nakamoto’s innovation when creating Bitcoin — all additional protocol elements stem from PoW’s ability to reach consensus regarding the digital ledger through the computational work

Is Decentralized ASIC Production Possible?

Source Node: https://medium.com/coinmonks/is-decentralized-asic-production-possible-eb5caece672c?source=rss-------8-----------------cryptocurrency

Time Stamp: April 2, 2020 7:07 PM - Modified On: August 29, 2021 - Published By:

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Republished By Plato

The news about ASICs for Nervos CKB came out recently, as the time of writing, there are four ASICs announced, the Toddminer C1, Toddminer C1 Pro, Bitmain K5 and PA miner — the first batch of C1 was delivered on March 9, K5 and PA Miner are expected to be delivered in April and C1 Pro in May.Since mainnet launch, the total hashrate on CKB mainnet has been around 200TH/S on average, it is now gradually picking up (at the time of writing at ~500TH/S) with ASICs. Toddminer says C1+C1

What is Crypto Margin Trading and How Does it Work? The Most Comprehensive Guide Ever

Source Node: https://coinfomania.com/what-is-crypto-margin-trading/?utm_source=rss&utm_medium=rss&utm_campaign=what-is-crypto-margin-trading

Time Stamp: April 1, 2020 10:45 AM - Modified On: August 29, 2021 - Published By:

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Republished By Plato

You can trade cryptocurrencies in many different ways, and you have probably heard of terms like “shorting” Bitcoin, crypto margin trading, or trading with leverage. All of these are different ways of referring to the same practice — leverage trading — but the interchangeable way they are used can make it a little difficult to understand how it works. Cryptocurrency margin trading doesn’t have to be complicated, and this guide explains it in simpler terms. First of all, it is important to note that the cryptocurrency market is highly volatile.

Berkeley Blockchain Xcelerator Director on What DLT Startups Need to Succeed

Source Node: https://cointelegraph.com/news/berkeley-blockchain-xcelerator-director-on-what-dlt-startups-need-to-succeed

Time Stamp: April 1, 2020 9:28 AM - Modified On: August 29, 2021 - Published By:

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Republished By Plato

The Berkeley Blockchain Xcelerator — an incubator for early stage distributed ledger technology startups at the University of California, Berkeley — recently launched its spring cohort, which includes startups seeking to fight COVID-19, launch a cannabis-themed massively multiplayer online game and create a reverse auction platform for loans.Cointelegraph spoke to Jocelyn Weber, the director of the Xcelerator, to find out more about the resources the program offers to startups, success stories from previous cohorts and advice for startups looking to launch in the crypto space.Cointelegraph: Could you give an overview

How Miners Can Hedge Their Inventory to Increase Return on Investment

Bitcoin and Ethereum Whales Move $231,000,000 in Crypto As Ripple Shifts 37,000,000 XRP From Genesis Wallet

Q&A: What is Prime Brokerage, and Will it Gain Traction in Crypto?

Poloniex Creates Tron-Only Platform, LaunchBase to Enter IEO Space

Poloniex Enters Controversial IEO Space With Tron-Only Platform

Staking, Consensus and the Pursuit of Decentralization

Is Decentralized ASIC Production Possible?

Berkeley Blockchain Xcelerator Director on What DLT Startups Need to Succeed

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