Day: January 14, 2021

Blockchain For beginners | Code your Own Cryptocurrency #3 – Basic about smart contracts

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain For beginners | Code your Own Cryptocurrency #3 – Basic about smart contracts If you don’t know anything about blockchain , solidity , Ethereum , bitcoin and react then in this tutorial I will walk you over sholder and teach you how you can build your own crypto currency you can see my cryptocurrency which is on testnet on ethereum here this is the application that we will build at the end of this tutorial please install metamask to run this…

Yearn.finance Founder Andre Cronje Drops Hints About v2 Vaults

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Yearn.finance (YFI), a leading decentralized finance protocol, has been hyping up the launch of its v2 Vaults. While Yearn.finance is an umbrella DeFi ecosystem, it is currently best known for its Vaults product. Vaults are contracts where users can deposit cryptocurrencies such as Ethereum, USDC, YFI, and others to earn a regular yield paid in the coin they deposit. Vaults allow holders of cryptocurrency to earn passive income on their holdings. The v2 iteration of these Vaults are expected to boost returns, and as a result, drive more capital to…

Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High

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The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. Moreover, the network’s mining difficulty has also touched an all-time high (ATH) at 20.61 trillion, the highest difficulty the network has ever experienced in the last 12 years. One aspect of the Bitcoin (BTC) network that people look at to measure the protocol’s overall health and growth is the hashrate. At the time of publication, the BTC hashrate is…

Fox Business Correspondent Claims Entire Bitcoin Supply Is Lost

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Bitcoin is the talk of mainstream media, Wall Street, business, and more. No television segment on finance these days doesn’t include a mention of the top cryptocurrency. But it has unfortunately led to some serious blunders, and misinformation being spread. A recent example is especially laughable and demonstrates how poorly researched news anchors or their writers can be, as one Fox Business correspondent is claiming the entire BTC supply has been lost or stranded in what he says could “be the premise for a great movie” – a movie that’s…

Ethereum trend reversal? Way too early to call

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum has had a fairly decent day, finally gaining a small amount of valuation back against Bitcoin. Of course, this is way too early to celebrate a trend reversal as we know that Bitcoin reserves the right to reclaim any bullishness from the cryptocurrency market essentially whenever it wants to do so. We would like to see a sustained trend reversal of the ETH/BTC valuation as we head into Q1 to further justify holding higher risk assets. Do you think ETH will…

Grayscale Investments liquidates all of its XRP… while it still can

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Institutional crypto-fund manager Grayscale Investments has begun the dissolution of its XRP Trust in response to the Security and Exchange Commission’s December 2020 lawsuit alleging the XRP token is a security under U.S. law. According to an announcement published Wednesday, Grayscale decided to dissolve the trust in response to the spate of XRP delistings from major crypto-asset exchanges after the SEC’s complaint was filed. Grayscale concluded: “It is likely to be increasingly difficult for U.S. investors, including the Trust, to convert XRP to U.S. dollars, and therefore continue the Trust’s…