Mining

COMP’s incentive crisis and what lies ahead for alt’s price

Source Node: https://ambcrypto.com/comps-incentive-crisis-and-what-lies-ahead-for-alts-price/
Time Stamp: November 17, 2021 6:00 AM - Modified On: November 17, 2021 - Published By:
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Republished By Plato

The DeFi space has accelerated at a pretty good pace of late, despite some setbacks in the first half of the year. In 2021 alone, the ecosystem reported a growth rate of over 20x. A lot of upcoming protocols like Abracadabra have made star entries recently too. Even so, platforms like Maker, Aave, and Compound are ruling the roost, still maintaining their spot in the top five in terms of total value locked.  Maker and Aave have had their fair share of price pumps over the last couple of months. However,

CropBytes launches the CBX token on Bybit and MEXC

Source Node: https://ambcrypto.com/cropbytes-launches-the-cbx-token-on-bybit-and-mexc/
Time Stamp: November 17, 2021 4:45 AM - Modified On: November 17, 2021 - Published By:
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Republished By Plato

Metaverses create a virtual world combining elements from digital gaming, augmented reality, and social media. While recent times have seen an influx of crypto gaming platforms that allow users a chance to play games in a tokenized ecosystem. CropBytes has established itself as a metaverse with a growing crypto gaming community ever since its launch in 2018. It has over 250K signups and 100K downloads on PlayStore and AppStore.  IEO and CBX token listing  Bybit and MEXC exchanges jointly listed the CBX token on 5 November 2021. Only a total

Compound liquidity miners possess less than 20% COMP tokens

Source Node: https://bitcoinerx.com/blockchain/compound-liquidity-miners-possess-less-than-20-comp-tokens/
Time Stamp: November 15, 2021 7:17 PM - Modified On: November 15, 2021 - Published By:
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Republished By Plato

According to a new study, one of the industry’s largest DeFi protocols is experiencing a motivational crisis.  Alex Kroeger, an Ethereum researcher, discovered in his paper that the majority of Compound’s liquidity miners have little to no financial interest in the protocol and do not engage in its governance. The analysis looked at the top 100 accounts by accrued COMP from liquidity mining in order to show that Compound’s liquidity mining needs to be fixed. The miners at compound aren’t holders Compound was one of the first protocols to implement

What Is Solv Protocol?

Source Node: https://www.asiacryptotoday.com/solv-protocol/
Time Stamp: November 15, 2021 4:28 AM - Modified On: November 15, 2021 - Published By:
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Republished By Plato

Solv Protocol is a decentralized platform created specifically for creating, managing, and trading financial NFTs. Blockchain has brought a lot of innovations to the world in such a short amount of time, but the mainstream adoption rate is just starting to take off. In other words, it would soon evolve into new forms and services that would further redefine how people interact with their assets and how they grow their wealth.  Table of Contents Background  Non-fungible tokens (NFTs) are one of the most popular blockchain-based products. And while they are usually

Crypto ETP Provider ETC Group Crosses $2 Billion Worth of AUM

Source Node: https://www.financemagnates.com/cryptocurrency/news/crypto-etp-provider-etc-group-crosses-2-billion-worth-of-aum/
Time Stamp: November 10, 2021 8:31 AM - Modified On: November 10, 2021 - Published By:
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Republished By Plato

ETC Group, a provider of institutional-grade digital asset-back securities, now has more than $2 billion worth of crypto assets under management (AUM). The company achieved the milestone for the first time in its history.ETC Group’s Bitcoin ETP alone accounts for more than $1.6 billion worth of AUM. In the last 10 months, the overall value of ETC Group’s AUM increased sharply due to a surge in the popularity of crypto trading products.As part of its expansion plan, ETC Group recently hired ETF expert Tim Bevan as co-CEO, Julian Kelly as

Livepeer Price Hits New ATH Amid Mist Acquisition and Upcoming Hackathon

Source Node: https://themerkle.com/livepeer-price-hits-new-ath-amid-mist-acquisition-and-upcoming-hackathon/
Time Stamp: November 9, 2021 1:28 AM - Modified On: November 9, 2021 - Published By:
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Republished By Plato

Livepeer price is up over 54% today making it the biggest gainer on Crypto.com, followed by Loopring (+32.63%) and Basic Attention Token (+31.93%). With the recent price hike, the crypto also set a new all time high of $61. Let’s take a closer look at Livepeer and its LPT token and see what all the hype is about.What Is Livepeer? Launched in 2017, Livepeer is the first decentralized live video streaming network that allows users to transcode video using their GPUs in exchange for ETH and LPT rewards. LPT is

Livepeer Price Hits New ATH Amid Mist Acquisition and Upcoming Hackathon

Source Node: https://nulltx.com/livepeer-price-hits-new-ath-amid-mist-acquisition-and-upcoming-hackathon/
Time Stamp: November 9, 2021 1:25 AM - Modified On: November 9, 2021 - Published By:
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Republished By Plato

Livepeer price is up over 54% today making it the biggest gainer on Crypto.com, followed by Loopring (+32.63%) and Basic Attention Token (+31.93%). With the recent price hike, the crypto also set a new all time high of $61. Let’s take a closer look at Livepeer and its LPT token and see what all the hype is about. What Is Livepeer? Launched in 2017, Livepeer is the first decentralized live video streaming network that allows users to transcode video using their GPUs in exchange for ETH and LPT rewards. LPT

Dorsey Sticking to Bitcoin, No New Cryptocurrencies Planned for Cash App

Source Node: https://beincrypto.com/dorsey-bitcoin-no-new-cryptos-cash-app/
Time Stamp: November 5, 2021 5:25 AM - Modified On: November 5, 2021 - Published By:
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Republished By Plato

Square CEO and fintech investor maintains a firm and bullish position on Bitcoin, as revealed in a Q3 earnings call for Cash App. Sponsored Sponsored Moreover, the billionaire entrepreneur said that Cash App has no future plans to accept any other cryptocurrencies at this point. “Our focus is on helping Bitcoin become the native currency of the internet…we have a number of initiatives towards that goal,” Dorsey said.  Bitcoin ‘resilience, fundamentals, and principles’ This comes in the midst of bullish market trends for BTC. After a new all-time high of over

Another Leading DEX Is Choosing the Order Book Mechanism

Source Node: https://beincrypto.com/another-leading-dex-is-choosing-the-order-book-mechanism/
Time Stamp: November 5, 2021 3:57 AM - Modified On: November 5, 2021 - Published By:
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Republished By Plato

As the DeFi segment with the clearest application scenarios and the strongest demand, decentralized exchange (DEX) has always been attracting the most attention.Sponsored Sponsored It also embodies the greatest competitiveness as well as the strongest capital effect. Since its low and stable performance in the middle of last year, DEX’s total trading volume has grown rapidly, and the monthly figure peaked at $162.8 billion in May. Sponsored Sponsored Although it is still lagging behind the centralized exchange (CEX), its market size of hundreds of billions of dollars obviously can not

What is Cloud Mining: Earning crypto in the easiest manner

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Time Stamp: November 2, 2021 11:30 AM - Modified On: November 4, 2021 - Published By:
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Republished By Plato

What is the best low-risk way to get involved in the cryptocurrency business in 2021? Best cloud mining sites offer a lot of programs for both newcomers and experienced investors. Well, we talk about cloud mining, a game-changing technology that enables earning BTC and altcoins without investing in expensive and extremely energy-intensive machines. Cloud mining vs. Traditional Bitcoin mining Let's see first what classical cryptocurrency mining is in general. Traditional Bitcoin mining is a complex resource-intensive process of creating new coins by solving computational math problems. Users are involved in

Paraguay Eyed as New Bitcoin Mining Destination

Source Node: https://www.bitcoinnewsminer.com/paraguay-eyed-as-new-bitcoin-mining-destination/
Time Stamp: November 2, 2021 5:38 AM - Modified On: November 2, 2021 - Published By:
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Republished By Plato

Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were eight Chinese economic groups interested in coming to the country. Paraguay Considered for Its Bitcoin Mining Potential Paraguay, an often overlooked country of South America, has recently been in the sights of mining institutions interested