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96 days agocoindesk
It May Be Time for Bitcoin Traders to Focus on John Bollinger's Price Bands Again
Bitcoin's monthly chart Bollinger bandwidth resembles a pattern seen before the near-vertical rallies of 2020 and 2016.
160 days agocoindesk
‘A Politician Masquerading as a Regulator’ – 3 Takeaways From Fortune's Gary Gensler Profile
An in-depth magazine story about the SEC chair reveals the breadth of the man’s ambition and the limitations of his record.
189 days agocoindesk
Crypto Market Breadth Widens, Signals Bullish Momentum
Market breadth is a technical analysis technique that gauges the number of tokens participating in bitcoin's rally.
193 days agocoindesk
Bitcoin's 14% Weekly Gain Signals 'End of an Era' as Big Tech Dumps, Analyst Says
Bitcoin's advance this week coupled with gains across all digital asset sectors, highlighting the breadth of the crypto rally.
227 days agozycrypto
SEC Official Hints At Even More Charges Against Crypto Exchanges In The Coming Months
Despite juggling a string of high-profile cases, the SEC is keen on increasing the width of its enforcement to other crypto entities, putting a strain on the commission’s resources. The U.S. Securities and Exchange Commission (SEC) has reiterated its intent to heighten its scrutiny over the virtual currency sector for the protection of investors. According […]
264 days agocryptodaily
5 Ways to Earn Passive Income With Idle Computer Storage
The University of California Berkeley’s SETI@Home project is no longer allowing new users to participate in its ongoing search for extraterrestrial life, meaning it’s no longer able to provide a passive income stream for those who’re willing to leave their computer on 24/7. The SETI@Home project launched way back in 1999, inviting users to download a special software program that enabled them to donate their excess computing power to the initiative, which is looking for signs of alien life elsewhere in the cosmic void. But much to people’s disappointment, scientists announced in 2021 that they’re winding down the project and no longer require contributions from the general public. While the announcement was a major disappointment for participants, the good news is that there are still many other distributed computing projects that allow users to make money by renting out their idle storage space or processing power. What is Distributed Computing? It might sound incredibly technical, but the concept of distributed computing is actually a very simple one. It refers to a process where the combined resources of multiple, distributed computers are aggregated together, providing powerful compute or storage resources for heavy-duty projects. In some ways it can be likened to Airbnb, but instead of renting out your spare room or vacation home, you simply rent out your unused computing resources. To participate, you’ll need to download and install the required application or plugin for whatever project it is you want to contribute to. Then it’ll run in the background, allowing your computer’s excess resources to be used by the organization concerned. Where Can I Participate? There are dozens of interesting projects looking to borrow people’s excess computing capacity in support of various use cases: Spacemesh Mining cryptocurrency is one of the most obvious ideas for utilizing your spare capacity that comes to mind, but it’s important to choose a suitable network. While it was possible to mine Bitcoin from a PC back in the early days, its cryptographic algorithms have become so complex and its mining ecosystem so competitive that such limited hardware simply won’t do any more. Enter Spacemesh, an alternative cryptocurrency network that’s designed to serve the average joe who wants to mine a little crypto on his or her computer at home. Unlike Bitcoin’s proof-of-work consensus algorithm, Spacemesh uses a novel proof-of-space time consensus mechanism that is much less energy-intensive. It also employs a unique “race-free approach” that disincentivizes the use of massive amounts of hardware, ensuring everyone can participate and earn a passive income on their personal Mac or PC. All that’s required to start mining with Spacemesh is an Intel or AMD CPU with at least 1GB of RAM, and an always-on, unmetered internet connection with a minimum of 5 Mbps download and 1 Mbps upload. Unlike Bitcoin, where the CPU is the main factor for miners, Spacemesh relies on disk storage resources, which do not use energy when they’re idle, resulting in much lower costs. The protocol is centered on fairness, and ensures all miners are rewarded for their contributions at every EPOCH, which currently concludes every two weeks, with their exact reward based on how much storage space they commit in proportion to the network size. In addition, the protocol prevents whales from joining the system with massive storage resources – in such a case, they would face much higher overhead costs, eliminating any profit gains. In this way, Spacemesh ensures its network remains highly decentralized. HyperCycle As an alternative, PC and laptop owners can opt to join the HyperCycle network, which is a Layer-0 blockchain that’s building an artificial general intelligence network. The idea with this is to promote cooperation between AI agents by establishing a network of nodes that collaborate with one another to solve complex problems. This cooperative AI sees distributed computers aggregate their compute resources to create a “global brain”, kind of like a distributed supercomputer. AI systems can tap into this network and use its combined power to perform computing tasks that would normally be performed by sophisticated server networks. Users are required to purchase an individual software node license to participate in HyperCycle’s network and deposit a minimum of 1,024 HYPC tokens. That might sound expensive, but HyperCycle insists it’s a small price to pay to democratize access to advanced AI computation and pave the way for a future “Internet of AIs”. Fleek Network A great option for Web3 enthusiasts, Fleek Network is calling on users to participate in the industry’s first decentralized content delivery network. CDNs play a key role in the internet, ensuring that websites, images and videos can load instantaneously no matter where users are located. Essentially, CDNs are geographically-distributed server networks that enable content to be cached closer to users. When someone connects to an app or website, the content will be delivered from the closest server to their location, significantly reducing latency. Fleek Network aims to provide an alternative to centralized CDNs operated by companies like Cloudflare, which go against the ethos of Web3. Of course, it cannot build out a global server network from scratch, so instead it relies on people who’re willing to provide computing resources in exchange for rewards. It invites anyone to contribute bandwidth to its network by running a cache node, so they can accelerate content delivery to end users. Fleek Network’s approach could actually be more advantageous, as its reliance on contributors means its network can potentially extend to the smallest rural villages. Whereas most centralized CDNs are restricted to building their infrastructure in cities, Fleek will be able to operate nodes across the globe. The result is that someone living in Siberia can be served by a node from the same town, rather than connecting to a large data center several hundred kilometers away. Storj If you have plenty of hard drive space and you’re willing to put it to work, Storj offers a viable opportunity with its decentralized cloud storage network, which it presents as an alternative to services like Dropbox, Box and Amazon Web Services. It claims to have some big advantages, including greater privacy with guarantees that content stored within the Storj network will never be monitored or censored. All content stored on people’s hard drives is fully encrypted, and only the owner has the keys required to access it. The other key selling point is that content is automatically distributed across multiple devices, eliminating the risk of downtime that would prevent users from accessing their files. To rent out your extra disk drive space to Storj, all that’s required is to download its application, install it, and then select how much storage capacity you want to contribute. Once activated, that portion of your hard drive becomes a part of the Storj network so you can no longer use it yourself. Instead, you’ll be compensated for renting it out. One of the requirements, obviously, is that you must be willing to leave your computer up and running and ensure it’s always online, in return for payments made to your bank account each month. Hyperlink Hyperlink refers to itself as the “World Supercomputer”, but is really a global network of computers that anyone can join to earn passive income. Users donate their computer’s resources to host third-party websites, mobile applications and content. Its services are offered as a low-cost alternative to businesses that don’t want to invest in their own infrastructure or traditional cloud computing services. One of the advantages of Hyperlink is that it claims to offer significant earnings potential for users, saying it’s possible to earn up to $8,600 per year by connecting a desktop or laptop to its network and leaving it running 24/7. Users can even contribute an entire server if they happen to have one lying around. Another bonus is that Hyperlink offers flexible payment options, allowing users to receive their earnings through PayPal, bank transfers, credit card payment and more. In future, Hyperlink will expand its network to include tablets and smartphones too. What Are The Downsides? There actually does not seem to be a lot of downsides to earning a passive income, but those considering it should be aware that by running these programs and keeping their computer switched on 24/7, it may degrade its performance and lifetime. However, the reality is that most people don’t normally use the full capacity of their machine, so they can afford to contribute without really noticing any performance impact. And of course, it’s always possible to use an external storage device if you do need more disk space. Then again, if you do need to perform intensive computing tasks yourself, it might be worth investing in a more powerful machine, or even a second computer that you can leave running and forget about. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
264 days agocryptodaily
5 Ways to Earn Passive Income With Idle Computer Storage
The University of California Berkeley’s SETI@Home project is no longer allowing new users to participate in its ongoing search for extraterrestrial life, meaning it’s no longer able to provide a passive income stream for those who’re willing to leave their computer on 24/7. The SETI@Home project launched way back in 1999, inviting users to download a special software program that enabled them to donate their excess computing power to the initiative, which is looking for signs of alien life elsewhere in the cosmic void. But much to people’s disappointment, scientists announced in 2021 that they’re winding down the project and no longer require contributions from the general public. While the announcement was a major disappointment for participants, the good news is that there are still many other distributed computing projects that allow users to make money by renting out their idle storage space or processing power. What is Distributed Computing? It might sound incredibly technical, but the concept of distributed computing is actually a very simple one. It refers to a process where the combined resources of multiple, distributed computers are aggregated together, providing powerful compute or storage resources for heavy-duty projects. In some ways it can be likened to Airbnb, but instead of renting out your spare room or vacation home, you simply rent out your unused computing resources. To participate, you’ll need to download and install the required application or plugin for whatever project it is you want to contribute to. Then it’ll run in the background, allowing your computer’s excess resources to be used by the organization concerned. Where Can I Participate? There are dozens of interesting projects looking to borrow people’s excess computing capacity in support of various use cases: Spacemesh Mining cryptocurrency is one of the most obvious ideas for utilizing your spare capacity that comes to mind, but it’s important to choose a suitable network. While it was possible to mine Bitcoin from a PC back in the early days, its cryptographic algorithms have become so complex and its mining ecosystem so competitive that such limited hardware simply won’t do any more. Enter Spacemesh, an alternative cryptocurrency network that’s designed to serve the average joe who wants to mine a little crypto on his or her computer at home. Unlike Bitcoin’s proof-of-work consensus algorithm, Spacemesh uses a novel proof-of-space time consensus mechanism that is much less energy-intensive. It also employs a unique “race-free approach” that disincentivizes the use of massive amounts of hardware, ensuring everyone can participate and earn a passive income on their personal Mac or PC. All that’s required to start mining with Spacemesh is an Intel or AMD CPU with at least 1GB of RAM, and an always-on, unmetered internet connection with a minimum of 5 Mbps download and 1 Mbps upload. Unlike Bitcoin, where the CPU is the main factor for miners, Spacemesh relies on disk storage resources, which do not use energy when they’re idle, resulting in much lower costs. The protocol is centered on fairness, and ensures all miners are rewarded for their contributions at every EPOCH, which currently concludes every two weeks, with their exact reward based on how much storage space they commit in proportion to the network size. In addition, the protocol prevents whales from joining the system with massive storage resources – in such a case, they would face much higher overhead costs, eliminating any profit gains. In this way, Spacemesh ensures its network remains highly decentralized. HyperCycle As an alternative, PC and laptop owners can opt to join the HyperCycle network, which is a Layer-0 blockchain that’s building an artificial general intelligence network. The idea with this is to promote cooperation between AI agents by establishing a network of nodes that collaborate with one another to solve complex problems. This cooperative AI sees distributed computers aggregate their compute resources to create a “global brain”, kind of like a distributed supercomputer. AI systems can tap into this network and use its combined power to perform computing tasks that would normally be performed by sophisticated server networks. Users are required to purchase an individual software node license to participate in HyperCycle’s network and deposit a minimum of 1,024 HYPC tokens. That might sound expensive, but HyperCycle insists it’s a small price to pay to democratize access to advanced AI computation and pave the way for a future “Internet of AIs”. Fleek Network A great option for Web3 enthusiasts, Fleek Network is calling on users to participate in the industry’s first decentralized content delivery network. CDNs play a key role in the internet, ensuring that websites, images and videos can load instantaneously no matter where users are located. Essentially, CDNs are geographically-distributed server networks that enable content to be cached closer to users. When someone connects to an app or website, the content will be delivered from the closest server to their location, significantly reducing latency. Fleek Network aims to provide an alternative to centralized CDNs operated by companies like Cloudflare, which go against the ethos of Web3. Of course, it cannot build out a global server network from scratch, so instead it relies on people who’re willing to provide computing resources in exchange for rewards. It invites anyone to contribute bandwidth to its network by running a cache node, so they can accelerate content delivery to end users. Fleek Network’s approach could actually be more advantageous, as its reliance on contributors means its network can potentially extend to the smallest rural villages. Whereas most centralized CDNs are restricted to building their infrastructure in cities, Fleek will be able to operate nodes across the globe. The result is that someone living in Siberia can be served by a node from the same town, rather than connecting to a large data center several hundred kilometers away. Storj If you have plenty of hard drive space and you’re willing to put it to work, Storj offers a viable opportunity with its decentralized cloud storage network, which it presents as an alternative to services like Dropbox, Box and Amazon Web Services. It claims to have some big advantages, including greater privacy with guarantees that content stored within the Storj network will never be monitored or censored. All content stored on people’s hard drives is fully encrypted, and only the owner has the keys required to access it. The other key selling point is that content is automatically distributed across multiple devices, eliminating the risk of downtime that would prevent users from accessing their files. To rent out your extra disk drive space to Storj, all that’s required is to download its application, install it, and then select how much storage capacity you want to contribute. Once activated, that portion of your hard drive becomes a part of the Storj network so you can no longer use it yourself. Instead, you’ll be compensated for renting it out. One of the requirements, obviously, is that you must be willing to leave your computer up and running and ensure it’s always online, in return for payments made to your bank account each month. Hyperlink Hyperlink refers to itself as the “World Supercomputer”, but is really a global network of computers that anyone can join to earn passive income. Users donate their computer’s resources to host third-party websites, mobile applications and content. Its services are offered as a low-cost alternative to businesses that don’t want to invest in their own infrastructure or traditional cloud computing services. One of the advantages of Hyperlink is that it claims to offer significant earnings potential for users, saying it’s possible to earn up to $8,600 per year by connecting a desktop or laptop to its network and leaving it running 24/7. Users can even contribute an entire server if they happen to have one lying around. Another bonus is that Hyperlink offers flexible payment options, allowing users to receive their earnings through PayPal, bank transfers, credit card payment and more. In future, Hyperlink will expand its network to include tablets and smartphones too. What Are The Downsides? There actually does not seem to be a lot of downsides to earning a passive income, but those considering it should be aware that by running these programs and keeping their computer switched on 24/7, it may degrade its performance and lifetime. However, the reality is that most people don’t normally use the full capacity of their machine, so they can afford to contribute without really noticing any performance impact. And of course, it’s always possible to use an external storage device if you do need more disk space. Then again, if you do need to perform intensive computing tasks yourself, it might be worth investing in a more powerful machine, or even a second computer that you can leave running and forget about. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
279 days agocryptodaily
OKX Wallet Launches Account Abstraction-Powered 'Smart Account' Feature, Enabling USDT and USDC Gas Fee Payments on Multiple Chains
Singapore, Singapore, August 2nd, 2023, ChainwireAdditional account abstraction capabilities, including a social recovery feature, will be rolled out at a later dateOKX, a leading Web3 technology company, today announced the launch of a new account abstraction-powered Smart Account feature on its OKX Wallet, enabling users to pay for transactions on multiple blockchains using USDC or USDT.OKX Wallet will soon launch additional account-abstraction powered features, including social recovery functionality. This will enable users to select trusted "guardians" from their social network to help them recover their Smart Account if they lose their keys.OKX Wallet is one of the first wallets in Web3 with multi-chain account abstraction support. With Smart Account, users can now interact with multiple contracts in a single transaction. This enhances composability for advanced users and adds convenient features for beginners, creating a more user-friendly and intuitive wallet experience.OKX Chief Innovation Officer Jason Lau said: "Our aim is to provide our users with the most accessible, secure, and powerful Web3 gateway. The Smart Account feature will play a significant role in achieving this goal. Account abstraction technology is a game-changer for the broader adoption of Web3 and enables new use cases and user experiences. We are excited to share more as we continue to build on top of this feature."Account abstraction simplifies crypto transactions by enabling the creation of Web3 wallet accounts that conceal the more technical details of their on-chain interactions behind a more accessible and user-centric interface. This is achieved by combining users' smart contracts and Externally Owned Accounts (EOAs) into a single "smart" account, providing a more unified Web3 experience.The account abstraction-powered Smart Account simplifies some of the complexities of blockchain transactions; for example, one of the biggest painpoints that users face is the need to navigate the complex transaction process and decipher technical terms such as 'gas fees' and 'Gwei.' Smart Account addresses this painpoint by reducing the number of steps required to complete a token swap or trade to just one click.OKX Chief Marketing Officer Haider Rafique said: "We promised our customers and the larger DeFi community that we would prioritize security and interoperability as we build our Web3 wallet and apps. We support 60+ cross-chains, Multi-Party Computation (MPC), and now with Smart Account, we offer a stablecoin account that can interact with transactions on multiple blockchains without the need for a specific blockchain's native token, with a social recovery feature coming soon. This is a game-changer, and we believe it has the ability to make transactions between chains a lot more seamless."Additional benefits of OKX Wallet's Smart Account feature include:Gas fee-relatedThe option to pay for gas on any of the supported chains using stablecoins USDC and USDT.Users can also conduct gasless transactions if third-party dApps choose to sponsor their on-chain interactions.Elimination of the need for users to pay gas fees with each individual chain's native token.Simplified token swaps and staking Smart Account combines multiple stages of the swap and staking process into a single step. Users can exchange tokens and earn interest by staking crypto with just one click.OKX Wallet currently supports account abstraction technology on seven blockchains: Ethereum, Polygon, Arbitrum, Optimism, BNB Chain, Avalanche and OKT Chain. It is also the first Web3 wallet to utilize multi-party computation (MPC) technology across 37 blockchains, eliminating the need for traditional written down keys and seed phrases by splitting a user's private key into three parts, greatly improving security and eliminating a single point of failure.About OKXA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 50 blockchains while allowing them to take custody of their own funds. The wallet Includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrasesDEX: A cross-chain decentralized exchange which aggregates nearly 200 other DEXs, with 200,000+ coins on more than 10 blockchains available.NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.Web3 DeFi: A powerful DeFi platform that supports earning and staking on 80 protocols across 15 chains.OKX partners with a number of the world's top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.To learn more about OKX, download our app or visit: okx.comDisclaimerThe information displayed is strictly for educational and informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal in any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at [email protected]
288 days agocryptodaily
TFS Token Launches a New Liquidity Staking Feature
Willemstad, Curacao, July 24th, 2023, ChainwireLast year, the Fairspin platform launched two associated loyalty programs: Play To Earn and Hold To Earn. Within the first one, it is possible to receive TFS tokens as a rakeback; using the second one, it is possible to increase them thanks to the holding without any risks.Both programs have already shown outstanding results. Since its launch, $726,234 and $1,759 091,86 were paid to players in frames of the Play To Earn and Hold To Earn respectively.TFS Token team is pleased to announce another beneficial way to get additional income for TFS holders - the liquidity staking program.What is liquidity staking?Tokens and money, staked in such a program, will be used to increase liquidity on the PancakeSwap in the TFS-USDT pool. This will help improve the liquidity of the TFS token, thus strengthening its position on the market.The Liquidity Staking option is available on the Staking Programs page on the Fairspin website.Unlike the already existing staking programs, liquidity staking is permanent, which means if a user chooses this option, staking will continue until the option is not stopped by the user.At the same time, the reward from the liquidity staking can be withdrawn at any time upon the user's request. There is no obligatory minimum staking time to withdraw the reward as well as there are no limits on the number of withdrawing requests.How the reward is calculatedThe amount of reward depends on the GGR of Fairspin casino and the number of tokens in the staking pool and the user's multiplier.The user's multiplier depends on the length of your stake in days.Calculation formula:from 0 to 1 day multiplier *0.3from 7 to 30 days multiplier *0.630 to ∞ days multiplier *1The reward, in the end, will be equal to % of the GGR of the Fairspin casino multiplied by the user's share in the pool and multiplied by the time multiplier. If a user stakes tokens for 1 month and more, he will have the maximum benefit - a share of 0.5% of GGR.The request to stop liquidity staking can be made at any time. A user can request to withdraw the full sum or a part of it.The tokens will be sent to a user’s account immediately.In case a user makes a request to withdraw a part of tokens from the Liquidity Staking, the reward multiplier for the rest of the tokens in Liquidity Staking will go back to the initial level.About TFS TokenThe TFS token is the driving force behind Fairspin, one of the leading global blockchain casinos, that ushers in a new era of trust and transparency in online gambling.Built upon ERC-20/BEP-20 technology, the TFS token ensures immutable betting data, empowering players with complete access to their gaming history and rewards. With a limited supply and a focus on user rewards, the token introduces groundbreaking Play to Earn and Hold to Earn features, rewarding players for their engagement.As the gaming industry continues to evolve, the TFS token stands at the forefront, revolutionizing the way players interact with online casinos and shaping the future of fair gaming.ContactTFS Token PR [email protected]
291 day agocryptodaily
Unleashing the Potential of Web3: MetaBlox and its User-Centric Network Revolution
Decentralized Identifiers (DIDs) possess immense potential to reshape the future landscape of the internet, ushering in a revolutionary approach to verifying our digital identities. The path to achieving this transformation remains ambiguous as we witness the emergence of Web3, a paradigm shift from platform-centric to user-centric networking. The crucial aspect of a user-centric network lies in users defining their identities and determining the information they wish to share with others. After years of unwavering dedication, the MetaBlox team has released a breakthrough protocol that uses DIDs to provide a decentralized groundwork for creating a user-centric network. The team is diligently working to build the foundation for a web3 user-centric network that can support web3 native apps. The MetaBlox Network mobile app represents a major step toward this lofty goal. With this software, users may take the first necessary step toward gaining access to a Free Privacy Protected WiFi Network by registering a DID and automatically uploading it to the blockchain and, in the process, earn mPoints that can be used on the further development of the network. The platform has a lot of benefits that make it stand out. First and foremost, the team believes that the most compelling aspect of MetaBlox is that it is a user-centric network supported by a rewarding system for its users and builders. MetaBlox hopes to model itself after the prosperous Web 2.0 period, during which prominent corporations gave away their services for free to demonstrate the efficacy of their monetization schemes. In Web 3.0, MetaBlox seeks to replicate this prosperity with a significant distinction. Instead of profits accruing solely to private entities, MetaBlox positions itself as a decentralized solution, enabling users and network maintainers to reap the rewards. Unlike the Helium Network, which employs LORA technology, MetaBlox operates as a WiFi Network, affording the bandwidth necessary to accommodate many users, thus substantially expanding monetization opportunities for all stakeholders involved. Powering the User-Oriented Web3: MetaBlox's OpenRoaming Initiative and Decentralized Connectivity MetaBlox's decentralized OpenRoaming WiFi Network made great strides toward creating a user-oriented Web3. Several major Web3 investment businesses and organizations contributed over $2 million to the initiative. The OpenRoaming Network expanded the worldwide WiFi network by deploying hundreds of MetaBlox Miners as blockchain nodes, allowing for secure, password-free, automated connections using Decentralized Identifiers (DIDs). To create an OpenRoaming network with over a million access points, MetaBlox collaborated with the Wireless Broadband Alliance (WBA). The WBA Wireless Global Congress also saw a successful demonstration of their technology. Users may now create their own WiFi OpenRoaming profiles and have access to Web3 capabilities with the newly released software. Notably, MetaBlox teamed up with other initiatives such as Harmony, Caldance, Memolabs, and Deeper Network to accomplish its goals. MetaBlox Network's Blockchain Integration for DeFi, GameFi, and NFTs MetaBlox Network uses blockchain technology to improve the quality of its products and services significantly. Because of Blockchain technology, users' hotspot routers may double as crypto miners, earning them tokens in exchange for giving WiFi access. With this decentralized deployment approach, MetaBlox Network can steadily increase its worldwide presence and reach as an incentive for network development. In addition, combining the MetaBlox Network with blockchain technology unleashes many novel possibilities. Decentralized finance (DeFi) platforms, game finance (GameFi) ecosystems, and NFT markets may all be accessed confidentially and safely by users. Individuals may make money with digital assets by participating in farming and staking activities on DeFi networks. At the same time, the system provides unhindered entry to the increasing universe of GameFi and Play-to-Earn games, with strong security provided by blockchain-held credentials in place of the more archaic passwords. MetaBlox Network was developed in response to the rapidly growing NFT sector, and it provides users with simple access to NFT markets and wallets by use of their DIDs. The firm has established its collection of utility-based NFTs, seen on major platforms like OpenSea, as evidence of its dedication to the blockchain ecosystem. MetaBlox Network aims to offer a genuinely user-centric experience that adapts to the new digital environment by integrating Web3, the Metaverse, 5G rollout, DeFi, and DID-based technologies. MetaBlox's $MBLX Token and Its Role in Decentralized Network Development MetaBlox is hard at work creating a user-focused, open, and free system for anyone who wants to use it. To encourage the development of a native Web3 network, which is in accordance with this goal, the $MBLX token has been introduced. Businesses that want to sell goods or provide services inside the MetaBlox ecosystem are the primary target users of the $MBLX token. These companies actively contribute to developing decentralized ownership inside the next generation of wireless networks by earning and using $MBLX tokens. The $MBLX token's main benefit over competing tokens is that it was made with Web3 users' insatiable curiosity about the platform's features in mind. These customers can take advantage of all the Web3 ecosystem offers once they adopt $MBLX. MetaBlox's Founding Members and Their Remarkable Technological Achievements The first MetaBlox team mostly comprises employees from the leading organizations that make up the alliance's founding members, which are located in North America and Asia. These businesses focus on developing and implementing state-of-the-art technologies, including blockchain, IoT, Telco, AI, and financial services. The alliance members range from large, publicly traded corporations to small, innovative startups, but they all have one thing in common: a desire to build a Web3 network that puts users' wants and needs first. The founding coalition has made great progress and accomplished outstanding feats during the previous four years. They collaborated with the Canadian federal government on the first blockchain program, among other pioneering endeavors. Further distinguishing themselves, they were the first group to combine blockchain technology with eSIM and Bluetooth chips. It's worth noting that the alliance members are active contributors to the Decentralized ID Foundation. This shows their dedication to spreading the use of decentralized identification systems. WiGig is a broadband version of WiFi, and the alliance members are among the few businesses in the world that have access to this technology. Their proficiency with WiGig technology enables them to provide reliable and fast wireless network options. Their work in the development of AI is another significant achievement of the original alliance members. They are pioneers in AI edge computing, having designed and produced one of the earliest system-on-a-chip (SOC) devices. This technological advancement provides high-performance and smart computing capabilities at the network's periphery, allowing for instantaneous data processing and analysis. Members of the alliance have made significant investments in several high-profile initiatives throughout the decentralized finance (DeFi), gaming finance (GameFi), and non-fungible token (NFT) spaces, demonstrating their commitment to the development of these industries beyond just technological means. Investing in promising startups like 1inch and Axie Infinity demonstrates their dedication to fostering growth and development in the nascent blockchain industry. Final Thoughts The advent of Decentralized Identifiers (DIDs) has the potential to reshape the future of the internet by revolutionizing the way we verify our digital identities. As Web3 emerges, shifting from platform-centric to user-centric networking, the MetaBlox team has made remarkable progress in developing a protocol that leverages DIDs to establish a decentralized foundation for a user-centric network. Their commitment to building a web3 native network that supports user-centric applications is evident in the MetaBlox Network mobile app. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
312 days agocryptodaily
InQubeta (QUBE) Appears as More Profitable Option than Cardano (ADA) in 2023. Can QUBE 10x?
Most crypto enthusiasts are familiar with older crypto giants that have made a lot of money for investors since their introduction to the crypto market. While these crypto giants have created a lot of profit for investors, it has become necessary for investors to seek out new DeFi projects to earn money from. Thankfully, new crypto projects with viable utilities are constantly added to the market, giving investors more options. InQubeta (QUBE) is one of the latest crypto projects whose presale has already made money for investors after its Beta stage. InQubeta's presale indicates it could be more profitable than an older crypto giant like Cardano (ADA). More investors are putting their money into InQubeta to increase their profit margins in the coming months. InQubeta's (QUBE) Presale Forges Ahead in the Crypto Market InQubeta has successfully launched a presale that crypto enthusiasts are eager to participate in. With an ecosystem designed to offer an easy pathway to the AI market, InQubeta is slowly gaining the trust of reputable crypto investors. InQubeta's presale has recorded unprecedented success in the crypto market, increasing investors' chances of becoming wealthy through this project. The QUBE token presale is divided into 10 stages, and each stage has an allocated number of tokens to be sold at a different price. The price of QUBE increases at the beginning of a new presale stage, ensuring the token's value grows as the presale progresses. The first presale stage, the Beta stage, was recently completed, pushing QUBE into its second presale phase, Stage 1. The DeFi coin price of QUBE in its current stage is $0.00875, and there are 100,000,000 QUBE tokens to be sold. InQubeta's presale has raised over $600,000, and it will only raise more before the presale stages are complete. In the next stage, QUBE will be sold for $0.0098, drawing closer to its launch price of $0.0308. InQubeta is one of the most profitable new DeFi projects, as its presale also features bonuses for investors. Once the presale ends, InQubeta's ability to link AI startups and investors will make it even more popular among investors. With an NFT marketplace that allows AI startups to connect with potential investors, InQubeta is set to become one of the best DeFi projects the crypto market has ever seen. InQubeta's NFT marketplace is built on the Ethereum blockchain, increasing its credibility and efficiency. All transactions within InQubeta are paid for using the QUBE token. This increases the token's value, solidifying InQubeta's position as an excellent project to add to your portfolio in 2023. As more investors notice InQubeta's value, its DeFi coin price is only likely to increase, making it an excellent investment option for the future. Some believe it could 10x by the end of the year, and it definitely has all the key components of a crypto that could explode in value. Cardano (ADA) Maintains its Position as a Crypto Giant Cardano was created using a research-based approach to crypto development. The crypto giant is one of the most popular blockchains for developers to build decentralized applications (dApps). It also offers a highly sustainable network with increased transaction processing speeds. Cardano seeks to build a network that is not limited by bandwidth, promising a wider reach for blockchain developers in the crypto market. Cardano has remained one of the most profitable cryptocurrencies since it was launched. Its native token, ADA, runs operations on the platform. Conclusion Cardano is one of the best DeFi projects in the crypto market; however, investors are looking for new cryptos to diversify their portfolios. InQubeta's presale has created a more profitable opportunity for investors to earn more money. This is why InQubeta's presale is selling out fast and gaining momentum among investors. The QUBE token may be the most profitable crypto token of 2023. Its ecosystem promises to give investors better investment opportunities that will increase the value of their holdings. Investing in its presale now is a great way to ensure you are not left out when InQubeta's price rises. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
316 days agocryptodaily
Web3 Gaming Platform Neon Link Announces New ‘Ascend the End’ Shooter Release for July
In the last 2 years, Web3 gaming has seen a surge in popular games and platforms revolving around virtual worlds, NFTs, and in-game assets - with play-to-earn at the heart of most successful projects. In Ethereum blockchain’s virtual world, Decentraland, players can create unique avatars, develop land, and engage in social activities. Axie Infinity utilizes NFTs as in-game assets, such as weapons that players can use to battle each other and earn cryptocurrency. Role-playing action-adventure game, Lost Relics, enables players to buy or sell outfits, pets, and other in-game accessories on third-party marketplaces Neon Link Gaming Platform Another innovative web3 gaming platform looking to make its mark is Neon Link. The company has developed a seamless community-driven ecosystem that is powered by its own network and NEON token, specifically designed to offer a player-centric experience. The ecosystem offers developers unique web3 technology and tools to create immersive worlds with exciting opportunities and a seamless gaming experience for players. The Neon Link network has the bandwidth to withstand an impressive 35,000 transactions per second, and provide cheap fees whilst also promising the secure control of players' digital assets and cross-platform compatibility to boot. Like other already successful web3 gaming platforms Neon Link is heavily focused on community engagement, so much so that the development of the project depends on it - with players, community managers, and developers all incentivized to work together. An Ascendancy Powered by Blockchain Having exceeded its initial funding targets and the community growing at break-neck speed Neon Link has announced the release of its first big game, Ascend the End, due to launch after the public token sale in July. Ascend the End is a high-octane third-person shooter that takes place in an apocalyptic world where players must strategize, loot, craft, and fight to survive. The game offers a collective campaign narrative with a variety of competitive multiplayer modes, in-game rewards, and loads of customizations for player characters and a multitude of in-game items. The arena-based shooter/looter boasts multiplayer combat, with adrenaline-pumping gameplay interwoven with RPG elements. Players will be tasked with creating a unique hero character, mastering various skills, and battling to climb leaderboards for exclusive crypto rewards. The game offers an array of unique weapons & exo-suits that can be discovered, customized, and traded on the Neon Link marketplace using neon swap. How to Join Neon Link Anyone who sets up a Neon Tresor wallet can participate in the Neon Link ecosystem and enter a decentralized world where players truly own their in-game assets, and the choice to own a piece of new games, have a say in the governance of the network, and earn crypto rewards, through gaming, staking, and participation. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
334 days agocryptodaily
$CatGPT: The World’s First AI Cat-Led Ethereum Token and NFT Collection
$CatGPT is launching its own NFT collection on its website, CatGPT.Nexus, where you can try him yourself and interact with our A.I Overlord. Are you ready to join the feline revolution? Meet $CatGPT, the world’s first AI cat-ledEthereum token and NFT collection from a development team based in the UK. CatGPT is an ambitious project that aims to take over the web3 space with its unique vision and personality. $CatGPT is not your ordinary token. It is powered by a sophisticated artificial intelligence that can generate content and communicate with his own unique personality. $CatGPT is also the leader of a loyal community of cat lovers who share his passion for world domination and innovation. The collection will feature 5,000 unique cyborg cat avatars that represent CatGPT’s army of followers. The NFT collection will go live on 16th of June 2PM EDT. The minting price will be payable in $CatGPT tokens and all tokens received will be burnt. The demand is expected to be high, so don’t miss this opportunity to join the cat revolution and support CatGPT’s mission. To learn more about CatGPT, visit his website at CatGPT.Nexus or follow us on Twitter at @CatGPT__ETH. You can also join the Telegram group https://t.me/CatGPTETH to chat with the community. CatGPT is more than just a token. It is a movement. A movement that will change the web3 space forever with feline world domination! Are you in? Contact: Development team [email protected] Website: https://www.catgpt.nexus/ Twitter:https://twitter.com/CatGPT__ETH Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
344 days agocoindesk
Dogecoin Chart Pattern Suggests Volatility Explosion Ahead
A technical analysis indicator called Bollinger bandwidth suggests dogecoin's unusual calm could soon end with a pronounced move in either direction.
2371 day agocryptodaily
Government partnerships could see cryptocurrencies go mainstream
If there is one thing that the recent breakneck rise of Bitcoin this year has shown, it is just how popular it is becoming. More and more people are seemingly getting involved with this and other Blockchain based digital currencies. As this happens and digital currencies evolve over their lifetime, it will see a real march into the public consciousness and mainstream acceptance. [caption id="attachment_5992" align="alignright" width="300"] Image from Flickr[/caption] Government partnerships helping with this One sure-fire way to increase the use and widespread acceptance of cryptocurrencies is by teaming up with governments, which is exactly what one Blockchain firm has done. ConsenSys recently partnered with the US Department of State to organise an event called the Blockchain State Forum. It is perhaps no surprise that this firm leads the way in this regard as the CEO is the co-founder of Ethereum, Joseph Lubin. Forum to stay abreast of latest Blockchain developments The recent Blockchain State Forum was designed to bring various government and private agencies together so it could be discussed how Blockchain technology could be used and developed further for implementation in various sectors. The forum also looked at potential applications and policy implications for the US Government of using Blockchain based technology. Notable private sector organisations in attendance were reported as IBM, Microsoft and PriceWaterhouseCoopers. Latest event in a wider initiative The Blockchain State Forum was just the latest event in a wider Blockchain State Initiative in America. The overall initiative has been set up to showcase various events and meetings that will help decide how best to utilise Blockchain technology in the business or government world. The big hope behind it is that it will convince the government of the opportunities this new technology brings as well as inspiring partnerships between all parties involved. The ability to not only have dialogue with government officials but also major private sector companies could be vital to the march into the mainstream for digital currencies.
2371 day agocryptodaily
Government partnerships could see cryptocurrencies go mainstream
If there is one thing that the recent breakneck rise of Bitcoin this year has shown, it is just how popular it is becoming. More and more people are seemingly getting involved with this and other Blockchain based digital currencies. As this happens and digital currencies evolve over their lifetime, it will see a real march into the public consciousness and mainstream acceptance. [caption id="attachment_5992" align="alignright" width="300"] Image from Flickr[/caption] Government partnerships helping with this One sure-fire way to increase the use and widespread acceptance of cryptocurrencies is by teaming up with governments, which is exactly what one Blockchain firm has done. ConsenSys recently partnered with the US Department of State to organise an event called the Blockchain State Forum. It is perhaps no surprise that this firm leads the way in this regard as the CEO is the co-founder of Ethereum, Joseph Lubin. Forum to stay abreast of latest Blockchain developments The recent Blockchain State Forum was designed to bring various government and private agencies together so it could be discussed how Blockchain technology could be used and developed further for implementation in various sectors. The forum also looked at potential applications and policy implications for the US Government of using Blockchain based technology. Notable private sector organisations in attendance were reported as IBM, Microsoft and PriceWaterhouseCoopers. Latest event in a wider initiative The Blockchain State Forum was just the latest event in a wider Blockchain State Initiative in America. The overall initiative has been set up to showcase various events and meetings that will help decide how best to utilise Blockchain technology in the business or government world. The big hope behind it is that it will convince the government of the opportunities this new technology brings as well as inspiring partnerships between all parties involved. The ability to not only have dialogue with government officials but also major private sector companies could be vital to the march into the mainstream for digital currencies.

About Dether?

The live price of Dether (DTH) today is ? USD, and with the current circulating supply of Dether at 100,000,000 DTH, its market capitalization stands at ? USD. In the last 24 hours DTH price has moved ? USD or 0.00% while ? USD worth of DTH has been traded on various exchanges. The current valuation of DTH puts it at #0 in cryptocurrency rankings based on market capitalization.

Learn more about the Dether blockchain network and how it works or follow the price of its native cryptocurrency DTH and the broader market with our unique COIN360 cryptocurrency heatmap.

Dether Price? USD
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Market Cap? USD
24h Volume? USD
Circulating Supply100,000,000 DTH
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