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    Home Unlabelled Crypto Currency Markets Portfolio value $48.39

    Crypto Currency Markets Portfolio value $48.39

    September 09, 2021

    Crypto Currency Markets Portfolio value $48.39

    Portfolio value $48.39

    Posted: 09 Sep 2021 03:08 PM PDT

    How to waste a scammer’s time 101

    Posted: 09 Sep 2021 02:18 PM PDT

    Scammers, scammers everywhere.

    Posted: 09 Sep 2021 10:28 AM PDT

    BitBoy Crypto shoots fire

    Posted: 09 Sep 2021 10:24 AM PDT

    El Salvador's new bitcoin wallets could cost Western Union $400 million a year

    Posted: 09 Sep 2021 08:56 AM PDT

    BREAKING! - Coinbase is NOT Relisting XRP - SEC Hester Pierce Crypto - Brian Quintenz Joins a16z

    Posted: 09 Sep 2021 09:00 PM PDT

    Decoin exchange aims to revolutionize trading by providing gateways for new traders who wish to enter the crypto industry while reducing risks to a minimum

    Posted: 09 Sep 2021 10:48 AM PDT

    Polkadex Mainnet Launch

    Posted: 09 Sep 2021 10:13 PM PDT

    Many blockchain developers think Polkadot's Substrate will be a milestone in the history of cryptocurrencies since it solves the long-standing interoperability problem. Polkadex is an example of a solid application of Substrate. For those not familiar with Polkadex, it is a Substrate-based blockchain with Polkadex DApps built on it. The Polkadex network connects to other blockchains through cross-chain bridges allowing tokens to move from one blockchain to another, which has a positive impact on the overall interoperability of Polkadex.

    The Polkadex team recently launched a Testnet, and now they are making the switch to Mainnet. What is remarkable about the launch of this Mainnet is the well-known difficulty of developing a blockchain using Polkadot's Substrate, which is way more intricate than just using Ethereum's network. So, the launch of Polkadex Mainnet will be proof that blockchain development is possible with Substrate; although it might be difficult, it is worth the effort.

    Polkadex runs on the existence of nominators and validators in its network. That is why, like most main blockchain projects, they offer a staking option for PDEX holders. This way, users will be able to earn money by keeping PDEX in their wallets. By staking your PDEX, you make the Polkadex network more resistant to attacks and contribute to its ability to process transactions. Ideally, half of all PDEX will stay staked in the Polkadex network. When the network gets secure enough, Polkadex will incorporate its DApps (Polkadex Orderbook, Polkapool, PolkaIDO) into the network and attain its complete product.

    submitted by /u/Caesermyn
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    Cardano Creator: El Salvador’s Bitcoin Adoption Is a Win for Crypto Industry At Large

    Posted: 09 Sep 2021 12:32 AM PDT

    3 Best Futures Trading Bots | Future Bot (2021)

    Posted: 09 Sep 2021 04:46 PM PDT

    Art form on the rise: A New Approach to NFTs With Generative Art

    Posted: 09 Sep 2021 03:12 PM PDT

    How to spot crypto whale and not get caught in their bull trap

    Posted: 09 Sep 2021 07:18 AM PDT

    Regulatory Drama Aside, Crypto Derivatives Rise From the Ashes

    Posted: 09 Sep 2021 03:43 PM PDT

    As long as this is a dip is caused by whales and not by mass investors, I’m not gonna panic.

    Posted: 09 Sep 2021 02:53 PM PDT

    97% of wallets didn't have any noticeable change in coins being sold. In fact there's quite a few that took advantage of the low prices and bought extra.

    The only wallets that liquidated were less than 0.3%. These are the big boy whale wallets doing their usual bullsh#t. So price fluctuations like these don't strike any fear in me. I'll literally keep investing like nothing happened. However we do need more projects to start putting a stop to what whales are doing to this market. A lot of projects like Genesis Pool and Aurum started taking initiative by not allowing whale wallets in their community. Only thing left is for more projects to follow suit and we'll soon be limiting their market manipulation capabilities.

    submitted by /u/Mandrake_m2
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    PDEX price might go up with the launch of their Mainnet

    Posted: 09 Sep 2021 10:17 AM PDT

    Salutations to all the folks!

    I have been following the projects built with Polkadot's Substrate and noticed a surge in the number of top-quality ones. Polkadex is one of those. I spent some time researching Polkadex, looks like it is the most solid utilization of Substrate yet. Developing a blockchain on the Ethereum network is easy, whereas any blockchain developer would agree that doing the same with the Polkadot ecosystem is much more difficult. So, the launch of Polkadex will prove the success of its developers.

    Since Polkadex will let PDEX holders stake their tokens and plan to have almost half of all PDEX stay staked at all times, the price of PDEX will likely see highs as the Mainnet launches.

    Keep in mind that the staking of tokens will make the network more secure. Afterward, Polkadex will incorporate its DApps into the network.

    submitted by /u/Caesermyn
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    WenX Pro Review 2021: Is it legit?

    Posted: 09 Sep 2021 04:46 PM PDT

    WenX Pro Review 2021: Is it legit?

    Posted: 09 Sep 2021 04:43 PM PDT

    3 Best Futures Trading Bots | Future Bot (2021)

    Posted: 09 Sep 2021 04:43 PM PDT

    dAMM (distributed AMM) - a cross-Ethereum-L2 AMM, from StarkWare and Loopring

    Posted: 09 Sep 2021 12:38 PM PDT

    How do we classify Stablecoins ??

    Posted: 09 Sep 2021 04:21 PM PDT

    Introduction

    In this crypto space, it is all about innovation. One of the key innovations today is the development of stablecoin mechanisms. The types of stablecoin mechanisms today are so varied that 2017's classification is not applicable. Today, stablecoin is more than just the classification of on-chain collateral, off-chain collateral and algorithmic stablecoin.In addition, stablecoins have different objectives and reasons for existence. Because of these varying objectives, different types of stablecoins were born. Many of them have failed and only a few familiar faces remain. In this article, we share how to discuss the stablecoin toolkit to classify stablecoins.

    2017 Stablecoin Mechanisms

    In 2017 there was a very brilliant report that classified stablecoins into three kinds of mechanisms. It is not available anymore, but it was a popular article that everyone quoted.

    1. On-chain stablecoins

    These are coins like $DAI from MakerDAO where you take and keep on-chain assets like $ETH, $USDC, $YFI or $LINK. Then create stablecoins out of it. You take on-chain assets and use them as collaterals to mint $DAI.

    2. Off-chain collateral

    Off-chain collateral is where you give your money to someone and get the equivalent amount in crypto. Let's say you give a 5 USD note to a company then that company gives you 5 crypto $USD. An example is $USDC which is managed by Coinbase — you send USD to Coinbase and it gives you crypto USD. Every 1 $USDC is backed by 1 USD in the Coinbase bank.

    3. Algo stablecoins

    Algo stablecoins can be classified as different kinds of rebasing mechanisms. Examples are $UST (TerraUSD on the $LUNA network), or Amperforth, as well as mechanisms like Empty Set Dollar and Dynamic Set Dollar. $FEI is also considered algo stablecoin. We did the recent analysis here.

    2021 Stablecoin Mechanism

    Today, we have a better way to classify these mechanisms. Shoutout to Amani Moin, Emin Gün Sirer and Kevin Sekniqi for their great research paper.

    Reserves

    Most of these stablecoins are backed by reserves. Just like after World War II when the world economy was recovering, and a lot of currencies were volatile. Money was backed by gold and every central bank had gold in the bank. When they printed currency like 1 USD, it was worth that amount of gold in the reserve. This means that the stablecoin can be redeemed for the underlying reserve.The reserves then were gold but today it could be a lot of things like on-chain collaterals or off-chain collaterals. It could be like a MakerDAO where you have a lot of different kinds of currencies like $ETH, $YFI or $AAVE. Or it could be off-chain collaterals like gold, US dollars, Japanese yen, etc. Reserves are used to create mechanisms to determine stablecoins with low volatility.

    Dual Token

    When we talk about stablecoins, we are talking about a coin with low volatility or a coin that does not move much. But the truth is that a lot of things actually do still move and there is a lot of volatility in the space.The dual token model has one token that is stable while the other token absorbs the volatility. When prices go up or down the secondary token absorbs the volatility. The secondary token could do a lot of other things but the main purpose is to absorb volatility so that it does not impact the stablecoin.

    Algo stablecoins

    An algo stablecoin is about creating a stablecoin defined by math. The math changes according to different market changes, to allow the stablecoin to remain at its peg value (e.g., $1).You can change the math if you want (e.g., multi-sig governance) or if the governance votes for it (e.g., DAO). Algo stablecoins come in many different types. You have a rebasing model, a bond-like model, and a debt-like model.

    Mixed

    A mixed mechanism is a combination of two or a combination of all of the mechanisms; these mechanisms need not exist alone. In stablecoins, one mechanism is not the end and you can mix them up because they serve different kinds of purposes and have a different kind of volatility. You can hedge against volatility in a variety of ways.Thus, we have four mechanisms in 2021. TLDR:Although, stablecoin is no stranger to many people, it is still developing and improving the existing advantages — from creating the first stablecoins to having them automatically adjust to the market. These adaptations are something to be proud of, but is every market phase the same? As we can see, the Stablecoin market is a "play ground" for projects that fully answer the three questions above. In the future, we will see a variety of complex stablecoins, including many tools that aid in securing the anchor. This is a topic that will be discussed further in the future.

    submitted by /u/economicsdesign
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    The Bitcoin Energy Consumption Debate Becomes Obsolete When You Look at the Wealth It Secures. Don’t Trust, Verify.

    Posted: 09 Sep 2021 10:51 AM PDT

    187 value. I wish I had bought the dip because I am back higher then I was before.

    Posted: 09 Sep 2021 07:26 PM PDT

    Some people are really making a living out of NFT games.

    Posted: 09 Sep 2021 07:53 AM PDT

    Most of these people live in 3rd world countries with internet access where a couple hundred bucks are more than enough to get them through the month. There are many profitable games that are getting popular there like Elfin Kingdom where you can farm while you play.

    I checked it out and it's a pretty cool game ngl. But I got my eyes on an up coming one that called ATRI that is inspired by Atari and it's already looking like it has great potential! Cant wait to try all of these games out

    submitted by /u/jesusvsaquaman
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    Coinbase Says SEC Is Investigating Its Crypto Lending Program

    Posted: 09 Sep 2021 05:04 AM PDT
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