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    Home Unlabelled Crypto Currency Markets Netgear is turning its connected picture frame into a display for NFTs on Ethereum

    Crypto Currency Markets Netgear is turning its connected picture frame into a display for NFTs on Ethereum

    January 05, 2022

    Crypto Currency Markets Netgear is turning its connected picture frame into a display for NFTs on Ethereum

    Netgear is turning its connected picture frame into a display for NFTs on Ethereum

    Posted: 04 Jan 2022 07:56 PM PST

    Fantohm DAO - New Website and Roadmap Released

    Posted: 04 Jan 2022 11:36 AM PST

    DAOs and DeFi 2.0 are seem to be kicking off to a good start this year in crypto, and one that seems to still be under the radar is Fantohm DAO. This project is the first rebase token to go cross chain, even before OHM itself. They have managed to create a way to use more assets than what is actually in their treasury without double-spending. Now to start off 2022, they have updated their website and included a roadmap for this year. So far, things are looking pretty fruitful for Fantohm and the topics why will be covered here.

    While being a young project on the Fantom Network, the team made a bold and quick move to be the first rebase token to go crosschain. They chose Moonriver as their second network. Probably no one saw this coming. Moonriver is a young network on the Polkadot Network via Kusama. While it is young, it has lots of potential for growth. Think of Solana or Avalanche potential. This is the first step into getting wrapped staked tokens which FHM will be getting soon as per the roadmap as well as on other networks.

    The second curve ball that this team made was the introduction of $FHUD. $FHUD is Fantohm's in-house stable coin. This coin, while currently not tradeable, has a unique function that no other rebase token has done before. It's purpose is to use the assets in the treasury that are sitting there and put them into work again without triggering the double-spend problem. This is done by taking out some $FHM and instantly burning it from the treasury. This burned $FHM then gets back by a receipt of $FHUD which is 1:1 USD value. So if 1 $FHM is worth $50 at the time of burn, 1 $FHM will turn into a receipt of 50 $FHUD. This receipt can then be sent back into the treasury where it can take the same amount of DAI out to re-invest into the project. This sort of innovation is what drives DeFi and we will be sure to see copy-cats of this mechanism everywhere. A simple diagram of how this works can be found on their updated website.

    This project just came out at the end of October 2021 and has been able to achieve all this so far. They have two layers of multisigs for added protection; Fantom Safe and OpenZepplin Defender. Not only that, but they have a new multisig owners as well: Sleepy Neko who is a trusted mod of the famous Shiba Inu and super mod and multisignator of Diatom. This potentially opens the doors for the Fantohm team to talk with the Shiba Inu team in the future, who knows.

    And for their roadmap of upcoming announcements there are some very exciting things listed. For example in January alone they are planning to release: an Analytics Dashboard, One Click Zap, $WSFHM (Wrapped Staked $FHM), more staking options and maybe even more that is unannounced! They have included more planned releases for both February and March as well which includes lending and borrowing and more cross-chain networks!

    This may be a good time to get into this project since the team seems to be very professional and innovative. It's clear that they don't want to be seen as just another rebase token, but instead something more. It will be exciting to see how this project plays out in 2022 as it's certain that these guys have some cards up their sleeves that they still haven't shown anyone yet.

    submitted by /u/Talentrite
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    Crypto is now a presidential election issue in South Korea

    Posted: 04 Jan 2022 04:02 PM PST

    Nearly 20 million Harmony $ONE coins stolen by hacker. A "potential exploit" has affected a handful of wallet addresses. (Official source: Harmony Lost Funds Investigation Report: 01/04/22)

    Posted: 04 Jan 2022 04:06 PM PST

    Which will have higher returns longterm?

    Posted: 04 Jan 2022 02:42 PM PST

    TradeX - A DeFi Exchange that has it all!

    Posted: 04 Jan 2022 12:38 PM PST

    Estonia Regulator Says No Plans to Ban Crypto

    Posted: 04 Jan 2022 12:36 PM PST

    Ethereum Whale Buying Shiba Inu Dip, "Gimli" Bought 110,000,000,000 Shib For $3,624,500

    Posted: 05 Jan 2022 12:12 AM PST

    Decentralized Application NEAR Protocol Reached its New ATH

    Posted: 04 Jan 2022 11:14 PM PST

    Join up now

    Posted: 04 Jan 2022 10:47 PM PST

    Ardana could be the FOUNDATION of Cardano DeFi... the founder explains why

    Posted: 04 Jan 2022 10:47 PM PST

    Crypto market update: BTC remains at $46,000 level

    Posted: 04 Jan 2022 08:18 AM PST

    Bitcoin Wins 2021 Over All Capital Markets, Says Goldman Sachs

    Posted: 04 Jan 2022 10:27 PM PST

    What are the best Audio NFT projects?

    Posted: 04 Jan 2022 06:31 PM PST

    There is a early narrative on Audio NFT projects, 2022 could be the year where those tokens explode. So I think it is important to be positioned.

    Does anyone know what are the best Audio NFT projects to invest?

    submitted by /u/mkiob
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    100 years from now which will exist?

    Posted: 04 Jan 2022 09:28 PM PST

    *20-100 years

    View Poll

    submitted by /u/Fabianb1221
    [link] [comments]

    How high can Cardano (ADA) go long-term? What is Cardano worth in 2022?

    Posted: 04 Jan 2022 05:25 AM PST

    HarmonyONE

    Posted: 04 Jan 2022 07:15 PM PST

    Its a great project and its got a great new reddit!

    come and check us out!

    https://www.reddit.com/r/HarmonyONE_Investing/

    submitted by /u/HeavenONE-Validator
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    Probably this year is going to be DeFi’s year for real. There are some promising signs, let’s hope for the good days to come.

    Posted: 04 Jan 2022 06:07 AM PST

    I seriously am optimistic that 2022 can be the year we've all been waiting for. I mean DeFi has been one of the most advancing sectors in the cryptocurrency scene in 2021, and it's showing no signs of slowing down.

    The cryptocurrency market as a whole is expected to be reaching ne peaks this year, and DeFi is surely one of the promising spaces. I think that with the numbers of serious DeFi projects we're having, we can be reaching new levels this year. I mean projects like Curve or Algo are already doing well, but also huge treasuries are investing in DeFI.

    Like BitDAO for example, which happens to be the largest cryptocurrency treasury, working on investing $3 billion in DeFi. This alone can be pushing the decentralized finance space towards new levels.

    And let's not forget that almost one-third of the world's population is unbanked, which means tat there's a big potential of new individuals joining DeFi this year.

    submitted by /u/ryuk_luvs_apples
    [link] [comments]

    BIG CRYPTO NEWS - SAMSUNG VERITREE CARDANO ADA - VECHAIN STABLECOIN VEUSD - WONDERFI BITBUY ACQUISITION

    Posted: 04 Jan 2022 06:34 PM PST

    The Ratio of Bitcoin on Exchanges is 25% Lower Than 2 Years Ago, Ethereum's Ratio is 47% Lower

    Posted: 04 Jan 2022 06:28 PM PST

    All information about Kasta is contributed only through www.kasta.io and @kasta_app

    Posted: 04 Jan 2022 06:21 PM PST
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