Parallax First Day Live On SafeTrade Review Parallax has been live on Safetrade for trading for more than a day now, the first day brought some interesting details, some satisfactory others not so much, but for the first day the results seem positive. LAX had more than 40k$ in volume in its first day trading in Safetrade which is very good for a very young coin, who launched its mainnet only on the 28th of October. It shows that there is a lot of interest in buying and…
Parallax (LAX) Combining Bitcoin Ethos With Ethereum Usability Parallax is a new blockchain that was launched on the 28th of October with its token being named LAX. This is a Proof of Work blockchain that runs on the XHash algorithm being ASIC resistant for now, not allowing ASICs to overflow the initial hashrate. Parallax has a fixed supply of 21 million tokens and a 10 minute block time just like Bitcoin but it is a EVM compatible blockchain meaning that it can be highly…
Ergo Matrix 6.0 Node Upgrade Brings The Fastest Decentralized Blockchain Ergo is a decentralized Proof of Work blockchain that keeps the fundamental principles of cryptocurrencies, had no pre-mine, no VC funding, no shady tokenomics, only the true cypherpunk spirit and the urge to bring financial freedom to everyone without discrimination. Despite the price action, Ergo keeps evolving, new tech is added, apps are built on top of Ergo, Bridges (with unique design and…
Atomic Swaps Are Live Between Monero And Bitcoin Cash Decentralization is the highest pillar that supports cryptocurrencies, without it cryptocurrencies are nothing more than a normal asset that doesn't bring any change to the current financial system. Atomic swaps are peer to peer swaps that are completely decentralized and anonymous. Using this protocol two users can connect to each other anonymous and trade their assets with each other. Now it's possible to do atomic…
Bitcoin Cash (BCH) Still Preserves Satoshi's Idea Of P2P Money Bitcoin was born from an international money crysis, where speculation, greed, mindless printing of money and over leveraged debt lead to a catastrophe that had the most effect on the most vulnerable, the poor. Bitcoin was created to fix money and to prevent this from happening ever again. Satoshi had the vision to create a peer to peer electronic cash system, with no single authority controlling it, every peer…
StarTower Aims To Be The New Powerhouse Of DePIN Blockchains Startower is a new project still in its infancy that promises to deliver everything in one application, facilitating the navigation on the web3 of many users. The project is based on a web and mobile wallet that aims to connect over 30 different blockchains. The wallet not only allows to manage your cryptocurrency but also allows you to navigare the web3 easily on every single one of the blockchains supported…
Privacy Is Very Important And Is Being Negleted By Everyone, Where's The Hype For Privacy Coins? Privacy is something that is becoming very important and people are still negleting it. Now with CBDCs being a reality the need for privacy is even greater. Satoshi had a lot of discussions on how important privacy is before disappearing. There are many privacy coins on the market and some of them with good features, lets look at some of the most developed and with most features.…
The State Of Crypto Mining (GPU) Crypto mining has faced a major setback since ETH went to proof of stake. Every miner that was mining ETH had to switch to another mineable coin, this made the difficulty of mining any coin skyrocket, with the difficulty increasing and the price of the coins remaining the same or getting lower, almost everyone became unprofitable. Mining with any profit with a GPU can only be achieved with very low electricity prices and with the recent…
ERGO Auction House: The Portal For Ergo's NFT Ergo has a strong ecosystem and NFT's weren't left behind. One of the major dapps on Ergo is Ergo's auction house. The auction house is a portal where every user can manage, create, buy and sell their NFT. The process to interact with it is simple and users only have to connect their wallet to the dapp to start using this tool. Ergo utils was the where to go tool for creating NFT's on Ergo but the auction house came to replace it…
ERGO: Using Ergo Utils To Create Tokens And Many More Ergo (ERG) is a layer 1 blockchain based on eUTXO and part of the eUTXO alliance that has Cardano has the most mainstream cryptocurrency. Ergo prides itself on being a POW blockchain that hasn´t had a premine, meaning that every token has been distributed fairly to all the participants on the blockchain. Ergo is still in its infancy and right now it only has ErgoDex as its main decentralized exchange. Although ErgoDex its…
What Is Cardano's Vasil Hard Fork? Cardano has been one of the most discussed blockchains in the space. Last year smart-contracts were enabled on Cardano and a number of upgrades were needed after that to scale the blockchain and make it usable. All of these upgrades were made as problems surged. Now Cardano hosts a number of different decentralized applications and more are waiting to join the ones already stablished. One upgrade that has been hyped for sometime is the…
Tron Overtakes Avalanche and Solana To Enter The Top-3 Blockchain By TVL Tron is making huge movements since the launch of its algorithmic stablecoin USDD. Although it's an unpopular topic right now due to the crash of LUNA and UST, Tron is climbing the ladder with this launch. Launched on the 5th of May, USDD is now available to trade on some big exchanges like Kucoin, Huobi and Poloniex. It's also available on JustLend, a decentralized application built on the Tron…
Portugal Will Tax Crypto In The Near Future Portugal has been talked about as the dream of any cryptocurrencies trader or holder. The country doesn't have any tax system on cryptocurrencies and everyone is free to trade, buy and sell without having to pay anything to the state. This situation is about to change, as more countries tax crypto, Portugal will follow and tax crypto gains. This situation was explained by the Portuguese government and although the laws aren't done…
The Aftermath Of Terra (LUNA) Terra is a blockchain famous for its stablecoins and its high APY on UST, almost 20%. The blockchain went into a shock after UST lost its 1$ value and fell to under 10 cents, this brought the whole blockchain down with it. After losing the 1$ value the algorithm that was suposed to keep the value of UST started to mint LUNA in a frenzy to try to save the correlation with the US dollar, this failed completely leaving LUNA with over 6 trillion…
LUNA In Trouble As UST Loses Its Peg To USD LUNA is a cryptocurrency mostly known by its stablecoin UST, this stablecoin is pegged to the USD by burning and minting LUNA as needed. One of the things that made UST so popoluar is the almost 20% APY this stablecoin grants to its users on Anchor. On the last days a major problem surged as UST started to slowly losing its peg to the USD and going below the 1$ mark. Although it's normal that these type of coins have some swings…
ErgoDex Goes Live On Cardano Testnet ErgoDex is a decentralized exchange that lives on the Ergo mainnet and is making its way to the Cardano blockchain. It already works well on ERGO and it promises to deliver its features on Cardano aswell. As of yesterday the DEX went live on Cardano testnet, this is the final step before it launches on the mainnet. The testnet exists for users to test the DEX with free tokens and report any bugs that they encounter. This helps the…
USDD Just Launched On Tron: First Day With Over 30% APY USDD is a new decentralized stablecoin backed up by TRX on the Tron blockchain. An APY of 30% was promised and was delivered. Lets see how things are looking right now only after some hours of USDD launch. USDD was launched and bridged over to three chains instantly after launch, it lives on Tron, Binance smart chain and Ethereum, everyone can find the respective contracts on Coingecko. Right now on USDD.io, the…
Crypto.com Slashes Rewards And Puts CRO At Risk Crypto.com became one of the major crypto exchanges. They invested heavily in marketing the past year and this year atracting a lot of users. One of the advantages crypto.com was giving to its users was the ability to get their credit card and earn cashback rewards for using it. The only thing that users had to do was stake CRO, the more the user staked the better card they would get. All of these made an incredible impact on…
Germany Will Change Its Crypto Tax Law For The Better Germany is a crypto friendly country and has some soft laws on crypto taxing. As of now if someone holds their coin for one year, no tax would be applied on that coin. This means that after one year you can sell your coin without giving anything to the state. One thing that was not very friendly was staking your coins. With the current law if you stake your coins you have to hold them for ten years for it to be tax free.…
Free Banano (BAN) On BanFaucet Banano is a well known memecoin and it's known for being given has a tip in multiple places. The big and incredible community behind this coin makes this possible. There are multiple faucets for earning Banano for free but one is standing out right now and pays incredibly well for a simple faucet. So want makes BanFaucet so special? https://banfaucet.com/?r=10822 BanFaucet gives its users multiple ways to earn Banano, the earnings depend on how…
KleverChain Launching With 100% APY Klever has been around for sometime but only as a TRC-20 token, while on the Tron blockchain some things were launched using Klever (KLV), but now it's time for Klever to become its own blockchain. During the time Klever was on the Tron blockchain it launched a wallet, its own staking program, an exchange, a payment service and a hardware wallet. All of these was achieved by the Klever team, building confidence for investors to buy its…
USDD: Decentralized Stablecoin On TRON With 30% APY Terra has shown that a decentralized stablecoin with a high interest rate is possible. UST has almost 20% APY and made Terra's blockchain the second with the most value locked on DeFi. Tron seems to want to get in this model of business and on the 5th of May will launch its own stablecoin called USDD. This is an algorithmic decentralized stablecoin. How will USDD work? This stablecoin will have the same principle of UST, it…
The New DEX On Cardano: Wingriders Decentralized exchanges are appearimg on Cardano regularly, the ecosystem is getting bigger and getting some traction. Wingriders is the new DEX in the ecosystem and it's promising many advantages. After the launch of Muesliswap, Sundaeswap and Minswap comes the launch of a new DEX, Wingriders. The core features of this new DEX are almost the same as of the others but comes with a new adition that promises to change evrything. Wingriders…
EU Votes To Ban Non-KYC Crypto Wallets Crypto wallets are the base for trading and holding crypto, one of the best ways to secure your crypto for yourself is to use a non-custodial wallet. A non-custodial wallet ensures that you own your crypto by owning the private keys. These wallets are private and are owned by the individual who transfers crypto to it. This week in the European Union there was a preliminary vote to ban this type of wallets. The vote consists on making…
Why Being Open-Sourced Is Important: The Case Of Minswap While producing any kind of software, developers have to chose if they keep the code to themselves or if they open the code to the public. Close-sourced software normally has to be audit by some company that specializes in this area to give an assurance to the people using that software. Open-sourced software can be audited by these companies and can also be audited by anyone who wants to because the code is public.…
Cardano: How Is the 1000 cNeta Airdrop Going For Holders Airdrops are on high demand on the Cardano blockchain. Sometime ago, anetaBTC did an airdrop via DripDropz in which everyone could claim 1000 cNeta. AnetaBTC is a protocol to bring wrapped assets to Cardano and Ergo. After the Minswap launch, Cardano has seen a major movement in TVL, it's sitting almost everyday on a new all time high. This brought the price of some Cardano native tokens up, including cNeta. CNeta is…
Cardano: Minswap Is Live On The Mainnet Cardano´s DeFi ecosystem is growing and more DEXs are slowly coming to the mainnet. After Muesliswap and Sundaeswap, now it´s time for users to get familiar with Minswap. Minswap is one of the most expected decentralized exchanges to come to Cardano. After distributing some tokens to users who delegated their ADA to participating pools, Minswap now officially launched its services. Like Sundaeswap, Minswap offers swaps and liquidity…
Banano (Ban) Is Live On SpookySwap Banano is a well known meme coin that is a fork of NANO (XNO) making it feeless to transact and instant. Work has been done to give more utility to Banano than just to be a meme coin used for tipping, memes and a easy way for people to introduce themselves into crypto. After successfully being introduced in the polygon blockchain as wrapped banano (wBAN), Banano is now live on the Fantom (FTM) blockchain as wrapped banano aswell. SpookySwap…
Fantom (FTM): Major Developers Abandon The Project Fantom is one of the top blockchains for decentralized applications. Right now it's the fifth blockchain by rank on defillama with 7.19 billion dollars locked on its ecosystem. Some of the highest APY pairs live on this blockchain. On this weekend Anton Nell and Andre Cronje announced that they will be leaving the crypto space entirely and with them leaving, some dapps are going to be shutdown. There are a total of 25 apps…
Terra (LUNA) Is Now The Second Chain With Most TVL LUNA has been one of the biggest gainers since the last bull run started, on March of 2021, Luna was priced at more or less 3 dollars, today LUNA is priced at 93$. This huge gain in price has everything to do with staking and Terra stablecoins. The APY for staking LUNA is high, but the APY for staking UST is almost 20%, this made many investors come to this chain after seeing that there wasn't any exploit waiting to happen.…
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