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Topics - RSRS

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76
As September ended, the cryptocurrency markets recovered from the so-called “September curse” handsomely to hit a market capitalization of $2.32 trillion. The decentralized finance (DeFi) market has been an integral part of this growth. The total value locked (TVL) in DeFi protocols grew more than 20%, from $113.5 billion on Sept. 28 to hit $137 billion on Oct. 6, as per data from Dappradar.

Even the Bank of America (BoA) — a global banking giant — has revealed its bullish outlook on DeFi and nonfungible tokens (NFTs). In an Oct. 4 report by BofA Securities — a subsidiary of BoA — the firm evaluated the scope of crypto assets beyond “just bitcoin.”

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77
NFTs & Collectibles / Bearseum's blend of NFT Art and Video Games
« on: October 07, 2021, 07:59:52 AM »
Bearseum
The Bullseum project has hinted at Bearseum in the past few weeks on their official website. Images showing the vandalized bull museum with the words “We are better than bull” and “#Bears Gonna Win” spray-painted on the walls, while a prominent bull statue is spray-painted with the word “Bears”.

The next step of the ecosystem is coming soon. In the next rollout phase, a new collection will be launched on 18 October, 9 pm UTC.

Some of the specifications include:

– Mint Price: 0.08 ETH

– Maximum Mint Per Transaction: 25

– Supply for public sale: Around 3500

– Total supply: 5000

Bearseum is an art collection randomly generated at minting time with more than 120 different hand-drawn traits. This is the secondary art collection to the original “Bullseum” project. As with the original collection, the Bearseum team has promoted their pride in designing various features, making each character unique.

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78
With bitcoin rallying above $55,000 for the first time since May, cryptocurrency miners are holding onto their newly minted currencies to bolster their balance sheets.

Recent monthly production updates from crypto miners such as Riot Blockchain and Marathon Digital Holdings show that they have kept their mined bitcoins during September, when prices hovered around $40,000.

Riot Blockhain, the Castle Rock, Colo.-based miner, said in a statement Wednesday that as of Sept. 30, it holds 3,534 bitcoins, an increase of 406 bitcoins from August. Riot’s share price rose as much as 6.5% on Wednesday, before paring gains to close the trading session up about 1%.

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79
Swarm Markets, which operates the first regulated DEX in the world, announced it has become publicly available and accessible today, Invezz learned from a press release. Swarm enables institutional and retail investors to trade crypto alongside securities. The public launch occurs against the backdrop of the value of $90 billion locked in DeFi platforms according to data of DeFi Pulse.

Swarm is licensed and regulated
The global crackdown on unlicensed and unregulated crypto platforms has not affected Swarm Markets, which operates under regulatory license from the Federal Financial Supervisory Authority (BaFin) in Germany. 

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80
Neo Global Development will host the multi-chain NFT marketplace and explorer platform, GhostMarket, on the next instalment of Neo Live. GhostMarket founder and CEO, Vincent Geneste, will join the AMA to talk about the first usable dApp deployed on the Neo N3 MainNet and its upcoming roadmap. The GhostMarket team will also distribute ten GHOST NFTs to participants in the AMA event.

The hour-long session will take place on the official Neo Telegram channel, beginning at 10:00 a.m. (UTC) on Tuesday, Oct. 5, 2021.

The GhostMarket team recently announced upcoming support for two new blockchains and the pending launch of a governance token. The token, GM, will be used for rewards, voting on new tokens that can be used to trade NFTs, and other purposes, such as paying for NFT minting or trading fees. Additional use cases might include using GM to promote an NFT or access to special artist drops based on GM holdings.

Source

81
Crypto currency Mining / 5 Best & Trusted Cloud Mining Sites In 2021
« on: October 05, 2021, 03:39:25 AM »
Looking for the best and trusted cloud mining platform? Here comes our personal Top 5 of secure and profitable cloud mining websites that allow you to make BTC in 2021.
Bitcoin and altcoins have been around almost for a decade now. The key thing about that kind of digital money is mining, a process of creating new coins by solving complex computational math problems. To put it another way, before you can use your crypto, the digital currency has to be mined. It seems easy, and yet it is not. The biggest issue is the fact mining Bitcoins is a very expensive affair, and as such, not everyone interested can do it. To start mining cryptocurrency by yourself, you have to buy mining equipment, software, among other accessories that are extremely high-priced. High electricity bills, noise, and heat are the other cons of the mining process.

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82
Fantom DeFi protocol Stake Steak has suffered an exploit allowing a hacker to mint massive amounts of the protocol’s STEAK token, causing the price to crash over 93%.

Stake Steak Protocol Attacked
Another DeFi protocol has been hacked, this time on Fantom.

Stake Steak, a DeFi protocol that aims to keep the fUSD and USDC stablecoins pegged, has suffered an exploit, crashing the protocol’s STEAK reward token by 93%.

It appears that a hacker managed to mint a massive amount of STEAK tokens while also devaluing liquidity provider tokens for the STEAK-FTM liquidity pool, and has drained funds from several developer wallets. After minting the STEAK tokens, the hacker dumped them onto the market, crashing the price in a matter of minutes.

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83
Binance / Notice on Binance P2P Temporary Suspension for VES Trading
« on: October 03, 2021, 04:56:11 AM »
Fellow Binancians,
Binance P2P will temporarily suspend VES trading starting at 2021-09-30 11:00 PM (UTC-04:00) due to the reconversion of currency by the Central Bank of Venezuela. P2P trading activity for VES pairs will resume at 2021-10-02 01:00 AM (UTC-04:00).
During the period, Binance P2P will suspend peer to peer services for the following trading pairs: VES/USDT, VES/BTC, VES/BUSD, VES/BNB, VES/ETH, VES/SLP, VES/DAI.
Also, all the previous VES trade advertisements made will be cleared. Users will not be able to buy and sell VES or post trade advertisements with VES during the period. Please make sure you complete the related P2P transactions in advance and contact the customer support if there is any order in appeal.

We apologize for any inconvenience caused and thank you for your patience.
Disclaimer: Your use of the Binance P2P services and all information and other content (including that of third parties) included in or accessible from the Binance P2P services is at your sole risk. Our only responsibility is to handle crypto transactions. All payments are final upon completion unless otherwise required by law. Binance P2P platform has neither the rights nor the obligations to resolve any disputes arising from a completed payment. Neither Binance P2P platform nor merchants shall be responsible for your loss in a completed payment.

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84
Coinbase has found a new opportunity to raise money at attractive rates, through a bond offering. Since its direct stock listing in April, the company’s $COIN shares settled into a range between about $220 and $280 per share. The stock hit the $294 mark on the day Coinbase posted a Q2 2021 result of $1 billion adjusted EBITDA (earnings before interest taxes depreciation and amortization) on August 11, before falling back toward the bottom of the range in subsequent weeks.

On September 13, the company announced plans to raise $1.5 billion in a junk bond offering, but they ended up raising $2 billion on sales of seven-year and 10-year notes, carrying interest rates of 3.375% and 3.625% respectively.

“Demand was so high,” wrote Bloomberg on September 14, that “at least $7 billion of orders poured in,” and yet, just ten days later, following news of the latest China (non-)ban, Bloomberg described the bond offering as a “debacle.”

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85
Coinbase has found a new opportunity to raise money at attractive rates, through a bond offering. Since its direct stock listing in April, the company’s $COIN shares settled into a range between about $220 and $280 per share. The stock hit the $294 mark on the day Coinbase posted a Q2 2021 result of $1 billion adjusted EBITDA (earnings before interest taxes depreciation and amortization) on August 11, before falling back toward the bottom of the range in subsequent weeks.

On September 13, the company announced plans to raise $1.5 billion in a junk bond offering, but they ended up raising $2 billion on sales of seven-year and 10-year notes, carrying interest rates of 3.375% and 3.625% respectively.

“Demand was so high,” wrote Bloomberg on September 14, that “at least $7 billion of orders poured in,” and yet, just ten days later, following news of the latest China (non-)ban, Bloomberg described the bond offering as a “debacle.”

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86
Crypto Exchanges / Crypto Exchanges Have Customer Service From Hell
« on: October 03, 2021, 04:50:26 AM »
When it comes to customer service surveys, cable companies and airlines typically rank dead last. But crypto companies give them a run for their money.

In the case of widely-hated Comcast or Frontier Airlines, you can eventually get a live human to take your call. Sure, it might take forever, and the agent you reach might prove useless, but those companies employ people to talk to you. No such luck in cryptoland.

Even crypto's best-in-breed brokerages, Coinbase and Robinhood, don't have a working phone number. If you run into trouble on their platforms, you can wade through online help pages looking for answers, or email for an automated response. If that doesn't work and your need is urgent, god help you.

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87
Terra LUNA Forum / A Beginner’s Guide to Terra's DeFi Ecosystem
« on: October 03, 2021, 04:48:52 AM »
Terra is a Layer 1 blockchain protocol that aims to create a thriving payments-focused financial ecosystem offering interoperability with the real-world economy. Its two key ecosystem components are the so-called Terra currencies, scalable algorithmic stablecoins pegged to different real-world fiat currencies, and the LUNA token, a volatility absorption tool that also captures rewards through seigniorage and transaction fees.

An Introduction to Terra
Terra launched in January 2018 to build a decentralized payments system using stablecoins. Since launching, it’s become one of crypto’s most used Layer 1 networks, offering interoperability with the real-world economy and broader crypto ecosystem. A strong sign of its success is the growing adoption of its flagship product, the U.S. dollar-pegged stablecoin UST. It’s currently the fifth-largest stablecoin on the market and is regarded as one of the most decentralized dollar-pegged crypto assets. Terra has also seen increasing usage of its DeFi applications over the last two years.

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88
NFTs & Collectibles / TikTok Enters the NFT Market
« on: October 01, 2021, 04:11:09 AM »
TikTok, the viral social media platform, has announced its first venture into the nonfungible token (NFT) marketplace with a fresh collection inspired by its top trendsetters.

In addition, the company announced TikTok Top Moments, a new program that enables the recognition of content creators, offering them rewards for their work. Finally, the company will launch the NFT drops – fueled by Immutable X, a new scaling solution for Immutable, a layer-two NFT protocol – on Ethereum.

TikTok Top Moments is assumed to include six TikTok videos from the network’s most prominent creators. Each one should recognize the creators’ contributions to TikTok’s status as one of the world’s largest social networks. The company also said that revenues from the sales would go to the content creators and NFT artists.

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89
Crypto Exchanges / Bitfrost Acquires Crypto Lending Provider Okonto
« on: October 01, 2021, 04:09:25 AM »
Bitfrost, a fintech company, announced on Thursday that it had acquired OKONTO, a global institutional crypto over-the-counter (OTC) and lending provider. As a result, according to the press release, the firm will offer cryptocurrency and consulting services to its institutional clients.

As part of the acquisition, Anton Chaschin, Co-Founder of OKONTO, joined Bitfrost as Managing Partner to take the lead of its lending and prime services while expanding licensing and operations across Switzerland, the European Union, Singapore, Gibraltar, and Asian markets.

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90
Avalanche is now available to trade on Coinbase and its Android and iOS mobile apps. Users can from today trade, send, receive and store AVAX on the standard Coinbase platform, according to an announcement from the exchange.

Avalanche (listed as AVAX) was already available on Coinbase Pro as of yesterday, the exchange’s “professional” trading platform. The price of AVAX popped 6% yesterday, though it's only up a modest 2.6% today.

The cryptocurrency is the twelfth-most valuable digital asset, with a market cap of over $14 billion. Like Solana and other next-gen blockchain platforms, Avalanche is often billed as an “Ethereum killer,” meaning it aims to compete with Ethereum, the network behind the second-biggest crypto by market cap.

AVAX is launching on https://t.co/bCG11KMQ6s & in the iOS & Android apps within the next 15 mins. You may need to update your app to buy, sell, convert, send, receive or store AVAX. We will update when all are fully live. https://t.co/2klJShUUJF

— Coinbase (@coinbase) September 30, 2021

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