Stablecoin invasion-The next big thing in crypto? - cyptoranking.com

2024-04-29

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And so while for VR46 Metaverse, the goal is to increase existing activations on other Web3 and metaverse platforms, for the other two the goal is to expand into the automotive and motorsports segments. On an X (formerly Twitter) post, Hoskinson replied to a user by the name of Swan.ada, who shared negative opinions about Cardano and Hoskinson in particular. The user said that Hoskinson is seen as a liability to Cardano, and if he “keeps on driving the ecosystem discourse and perception, we are screwed and we will remain this troubled billionaire’s toy.” Stablecoin invasion-The next big thing in crypto?In the end, a quick word about VRSC mining profitability on the Orange Pi 5. At the moment the price of VRSC is around $0.40 USD per coin and the current block reward is 6 coins and what you can expect to mine for a day with a single Orange Pi 5 device is around 0.08-0.1 VRSC at the moment. So, let us say you will be making around 4 US cents per day with something like half of that going for the electricity used as a rough estimate… it will take quite a while to even just pay off for the Orange Pi 5 itself. Profitability wise doesn’t make much sense to go for it at the moment, but if you like to play around and experiment with mining, then you are more than welcome to do so with Orange Pi 5 and VRSC mining. Just make sure not to blindly invest into a large-scale mining setups as the daily trading volume of VerusCoin is low and it might not be able to handle it very well and VRSC is already at over 89% of its total supply of coins. So, just be mindful of these things and do have a backup plan for what you can use an Orange Pi 5 for should you decide to stop mining VRSC, the good news is that this device actually has a lot of other possible uses aside from mining VRSC… unfortunately not a lot of viable alternatives in other things to mine with it besides VerusCoin though.Bitcoin Mining Giant Bitmain Halted Employee Salaries The Netherlands has demonstrated that it is possible to strike a balance between embracing cryptocurrency and maintaining robust regulatory oversight. The Dutch regulatory body, De Nederlandsche Bank (DNB), has played a crucial role in fostering this environment. It has actively engaged with the crypto industry, seeking input and feedback from stakeholders to create a regulatory framework that meets the needs of both businesses and consumers.Old money doesn’t ruin the cypherpunk dream

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“You really don't necessarily have to try something out to figure out it's not going to be useful,” he said. “There's going to be very clear cases when you need a distributed database and when you don't, and it's also going to be the case for AI when you run you're going to need a very big model in your back end to help you do stuff or versus when you don't.”'We Do Not Speak Your Language': Fashion Brands Signal Crypto Divide in Milan Currently, the vast majority of the revenue generated by Bitcoin miners comes from the block reward. The chart below demonstrates what percentage of total rewards collected by miners comes from fees. In the last two years, fees have usually accounted for less than 5% of the total rewards collected by miners, outside of a spike in May 2023. Visualizing Orderbook Data with Alpaca Crypto APIIf we take the general market, where the Ethereum network is also present, as a reference, we can see from the data a discontinuous but overall growing activity from May until today. All the details below.

Forbes recently wrote in a news article that Binance did not distribute as announced and only 10.78 million BNB was distributed to ICO investors instead of the 100 million BNB planned to be distributed. PayPal applies for NFT marketplace patent, Meta’s avatars impress: Nifty Newsletter Weakened Indian Crypto Exchanges Find Alternatives To ...Alternatively, the bulls could invalidate that bearish prediction if Shiba Inu’s price can reclaim $0.00001. But that seems far fetch, as 153,700 addresses had bought 68.5 trillion SHIB at the average price of $0.000008. If they sell, SHIB’s price will likely retrace. The tweets allege these central players have disguised their pursuit of personal wealth as decentralized progress, selling out integrity for monetary gains. However, such inflammatory accusations remain subjective opinions rather than proven facts.

Source: CircleCircle, the stablecoin issuer, has announced its plans to begin minting USD Coin (USDC) directly on the Polygon network.According to a press release issued on Tuesday, USDC is now accessible to users and developers on the Ethereum layer-2 scaling solution. This ends the bridged USDC from Ethereum (USDC.e), popular with many developers. Stablecoins have gained immense popularity in the crypto world due to their ability to maintain a stable value. USDC is the 6th largest cryptocurrency and the second-largest stablecoin by market cap, according to Coinmarketcap. The digital asset is an established and trusted asset that enables millions of customers to securely access and move their funds. Circle's collaboration with Polygon comes with many benefits. This solution enables businesses and developers to access on/off ramps for USDC on Polygon PoS – eliminating the costs and delays previously associated with third-party bridging.In addition, Circle Mint and Circle's developer APIs fully support USDC on Polygon.As a result, transactions on Polygon can be executed swiftly and cost-effectively, making it an ideal choice for remittances, trading, and decentralized applications (dApps) that rely on stablecoins.Before the introduction of Circle's native Polygon-based USDC, businesses were required to use bridged USDC (USDC.e) from the Ethereum blockchain. It's important to note that Circle didn't issue this token, so it couldn’t be redeemed. However, the new native USDC on Polygon can be redeemed at a 1:1 ratio for United States dollars.In addition to minting USDC on Polygon, Circle would now discontinue the deposits and withdrawals of USDC.e on Polygon through Circle Mint and its APIs. This would be finalized on November 10, 2023.Furthermore, the USDC issuer has plans to launch a cross-chain transfer protocol to connect with other blockchain networks via Polygon later in the year. A Great Step for CirclePolygon PoS is a scalable Proof of Stake (PoS) blockchain that complements Ethereum's decentralized security with quicker settlement times and improved cost efficiency. As of October 2023, the Polygon PoS ecosystem boasts over 475 dApps and more than 300,000 active wallet addresses.The integration of USDC on Polygon marks a significant milestone in the evolution of the blockchain industry. It allows users to enjoy the best of both worlds – the security and decentralization of Ethereum, coupled with the speed and efficiency inherent in Polygon.As the cryptocurrency landscape continues to evolve, innovations like this demonstrate the industry's commitment to creating more accessible and efficient financial systems for everyone.6 Themes Important Themes for the Next Crypto Bull Run, According to Nansen’s CEO Read more: Can crypto credit cards and self-custody mix? TWT to ETH Exchange|Convert Trust Wallet Token to ...Forbes also claimed that only $5 million was collected in the BNB ICO, not $15 million as CZ announced. Officers suspect the detainees, all apparently Brazilian nationals, of “robbery” and “extortion”-related offenses.

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