Monthly Archives: June 2022

How Monero (XMR), Decentraland (MANA) and Chronoly (CRNO) will explode in June 2022

So, everyone knows that the crypto market took a ginormous $2 trillion loss last month following the collapse of Terra/Luna cryptocurrency. For a while, things in the crypto market looked genuinely shaky, with many wondering if the whole cryptocurrency world was crashing down into an ignominious end. For sure, some people have taken heavy losses and, while that is unfortunate, crypto is still very much here and going strong. In fact, some coins are not just holding value but look set to… Source link

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Important Monero (XMR) Update Kicks in Play, What to Expect

On the verge of June 8 and 9, Monero (XMR) announced the launch of the much anticipated community-driven “tail emission” update. First of all, let’s define the terminology. Tail emission is a mechanism for continuously paying rewards for computing blocks, even after the last Monero (XMR) is created. Miners will always be paid for mining XMR, and they will never have to rely solely on commissions. It’s finally here! 🎉 The Monero #TailEmission starts today! After ~9p ET (~1 UTC), Source link

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What is the Definition of Litecoin (LTC) and How Does it Work?

Litecoin is a form of cryptocurrency and it has been around a decade ago that has emerged as many alternatives like bitcoin. Just as you consider Bitcoin as a secure payment form, Litecoin is also completely secure for payment. However, some users and investors keep it in their portfolio because they believe that it can prove to be an investment. Many people have tried to invest to take advantage of the popularity of cryptocurrencies, including Litecoin however, they should read articles… Source link

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South Korea Investigates Terra Labs for Alleged Bitcoin Embezzlement Following UST Collapse: Report – CoinDesk

South Korea Investigates Terra Labs for Alleged Bitcoin Embezzlement Following UST Collapse: Report – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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Will Mushe Token (XMU) Explode Like Litecoin (LTC) And Near Protocol (NEAR)? – CryptoMode

Will Mushe Token (XMU) Explode Like Litecoin (LTC) And Near Protocol (NEAR)? – CryptoMode

Introduction The investing world has changed, and there are now a variety of methods to put your hard-earned money to work in the hopes of earning high-end returns. With most good projects rising in value, the potential for big gains is high.  Every day, new tokens arise with remarkable features and astonishing investment prospects in the cryptocurrency world, thus all prospective tokens must keep up to speed on market dynamics and progress.  Mushe Token (XMU) is one such token with a… Source link

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DeFi contagion? Analysts warn of ‘Staked Ether’ de-pegging from Ethereum by 50%

The next big crypto crash could be around the corner due to Lido Staked Ether (stETH), a liquid token from the Lido protocol that is supposed to be 100% pegged by Ethereum’s native token, Ether (ETH). Notably, the stETH peg could drop against ETH by 50% in the coming weeks, raising the risk of a “DeFi contagion” as Ethereum moves toward proof-of-stake (PoS), argues popular Bitcoin investor and independent analyst Brad Mills. Over 1M Ether liability risks default In detail, investors… Source link

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Ethereum Layer-2 Solution Optimism Loses 20 Million Tokens in Interlayer Snafu

In brief The Layer 2 scaling solution provider failed to sync its Optimism address to an Ethereum address before a large transfer. The stolen OP tokens were valued at $35 million at the time of the hack, with 19 million tokens still missing. Optimism may have a good reason to be pessimistic. The company behind the Ethereum scaling protocol announced today that in preparing to launch a native OP token for the Optimism Collective DAO, it accidentally sent 20 million tokens to the wrong… Source link

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Will Litecoin MimbleWimble Upgrade Become Its Doom?

Five major South Korean exchanges announced their intentions to delist Litecoin (LTC). The cryptocurrency recently implemented an update to improve its privacy and scalability features. Related Reading | Litecoin Reveals Rollout Date For MimbleWimble, Will LTC See Relief? As a result, Upbit, Bithumb, Korbit, Gopax, and Coinone will stop offering to their customers. The update has made Litecoin incompatible with South Korean regulations. In the official delisting announcement posted by… Source link

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