Ribbon Finance(RBN)

Ribbon Finance ($RBN) has experienced an impressive surge of over 100% in the past week, signaling a bullish trend in the decentralized finance (DeFi) sector. This surge has attracted significant attention from large investors, known as whales, who have been accumulating the token throughout the week, further cementing its position […]

Over the past 24 hours, Ribbon Finance (RBN), a decentralized finance (DeFi) platform renowned for its derivatives and structured products, has experienced a remarkable 20% surge in its price, marking an impressive 80% increase over the past week.  The price of $RBN has increased by more than 75%! And whales […]

Y Combinator (YC), the Silicon Valley incubator, has listed stablecoin finance as a category in its new and updated list of areas it would like to deploy funds in.

Everlodge (ELDG), touted as the next Airbnb on Blockchain, is gaining significant traction even as development on Cardano (ADA) and Tezos (XTZ) platforms seems to be stalling.

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.

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.

Polygon and Solana are two of DeFi’s most popular altcoins. In 2023, both projects have grown their ecosystems, with Solana taking a slight lead over Polygon in terms of market cap. Now, however, a new cryptocurrency could outperform both. Everlodge is a new DeFi project set to release in 2023. It has revolutionary utility and could offer returns of 280% during its presale. Here’s why analysts are choosing Everlodge over Polygon and Solana. Find Out How To Buy Everlodge (ELDG) Everlodge Brings Travel Properties To Web3 Everlodge is a DeFi property marketplace designed for luxury villas, vacation homes, and hotels. Its marketplace lets individuals buy, sell and invest in fractional real estate on the blockchain. To achieve this, a property is minted into an NFT and fractionalized. For example, A $2 million luxury villa in Spain could be fractionalized into 20 fragments. Each can then be purchased or sold for $200,000, reducing the amount an investor needs for their investment. Everlodge will also offer a launchpad designed for property developers. This launchpad will let developers raise capital from the Everlodge community to kick-start developments. Investors will then profit from getting involved in developments early to maximize their returns. In addition to its launchpad and property marketplace, Everlodge will offer an exclusive rewards club. As part of the rewards club, investors will earn free nightly stays across properties throughout the Everlodge ecosystem. Several tiers will be available and will determine the properties and number of stays an individual gets. Members aren’t obliged to use this timehowever. Instead, it can be sold on third-party platforms such as Airbnb to generate another income source. Investors who co-own properties will be able to use their NFT as collateral to obtain other short term loans. This will give them access to more capital to quickly scale their property portfolio. ELDG tokens will be used throughout the Everlodge ecosystem. They will grant holders a number of benefits such as staking bonuses, discounts on property and free stays at properties. Tokens will start at $0.01 when the Everlodge presale begins, and are expected to hit $0.035 before tokens are launched on mainstream exchanges. Experts Predict That Solana Will Pass $30 Solana’s total value locked has consistently increased since the start of 2023. Over the last month, Solana’s TVL has stayed above $1 billion. This indicates that confidence in Solana is starting to build following the project's crash in June. Furthermore, Solana’s value has also increased. In the last 30 days, Solana has increased in value by 22.44%. At the time of writing, SOL was trading at $23.59. Given its steady increase, experts believe that Solana will pass $30 in August. Confidence In Polygon Remains High Despite POL Proposal Polygon’s price increases slowed over the last week after Polygon founders proposed an upgrade to Polygon's native token. This proposal has caused Polygon to decrease in value by 2.24%, andcreated confusion throughout the Polygon community. The development team has proposed replacing MATIC tokens with POL. This new token would be used throughout the Polygon network, though investors are questioning why the upgrade needs to be made. Nonetheless, confidence in Polygon continues to rise. PancakeSwap recently launched its v3 on the Polygon zkEVM Mainnet Beta, which is a huge win for the Polygon ecosystem. Currently trading at $0.6897, analysts believe that Polygon will increase to $1 by the end of the year. Despite this increase, experts still predict that Everlodge will be a more profitable investment. Find out more about the Everlodge (ELDG) Presale Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge 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.

Polygon and Solana are two of DeFi’s most popular altcoins. In 2023, both projects have grown their ecosystems, with Solana taking a slight lead over Polygon in terms of market cap. Now, however, a new cryptocurrency could outperform both. Everlodge is a new DeFi project set to release in 2023. It has revolutionary utility and could offer returns of 280% during its presale. Here’s why analysts are choosing Everlodge over Polygon and Solana. Find Out How To Buy Everlodge (ELDG) Everlodge Brings Travel Properties To Web3 Everlodge is a DeFi property marketplace designed for luxury villas, vacation homes, and hotels. Its marketplace lets individuals buy, sell and invest in fractional real estate on the blockchain. To achieve this, a property is minted into an NFT and fractionalized. For example, A $2 million luxury villa in Spain could be fractionalized into 20 fragments. Each can then be purchased or sold for $200,000, reducing the amount an investor needs for their investment. Everlodge will also offer a launchpad designed for property developers. This launchpad will let developers raise capital from the Everlodge community to kick-start developments. Investors will then profit from getting involved in developments early to maximize their returns. In addition to its launchpad and property marketplace, Everlodge will offer an exclusive rewards club. As part of the rewards club, investors will earn free nightly stays across properties throughout the Everlodge ecosystem. Several tiers will be available and will determine the properties and number of stays an individual gets. Members aren’t obliged to use this timehowever. Instead, it can be sold on third-party platforms such as Airbnb to generate another income source. Investors who co-own properties will be able to use their NFT as collateral to obtain other short term loans. This will give them access to more capital to quickly scale their property portfolio. ELDG tokens will be used throughout the Everlodge ecosystem. They will grant holders a number of benefits such as staking bonuses, discounts on property and free stays at properties. Tokens will start at $0.01 when the Everlodge presale begins, and are expected to hit $0.035 before tokens are launched on mainstream exchanges. Experts Predict That Solana Will Pass $30 Solana’s total value locked has consistently increased since the start of 2023. Over the last month, Solana’s TVL has stayed above $1 billion. This indicates that confidence in Solana is starting to build following the project's crash in June. Furthermore, Solana’s value has also increased. In the last 30 days, Solana has increased in value by 22.44%. At the time of writing, SOL was trading at $23.59. Given its steady increase, experts believe that Solana will pass $30 in August. Confidence In Polygon Remains High Despite POL Proposal Polygon’s price increases slowed over the last week after Polygon founders proposed an upgrade to Polygon's native token. This proposal has caused Polygon to decrease in value by 2.24%, andcreated confusion throughout the Polygon community. The development team has proposed replacing MATIC tokens with POL. This new token would be used throughout the Polygon network, though investors are questioning why the upgrade needs to be made. Nonetheless, confidence in Polygon continues to rise. PancakeSwap recently launched its v3 on the Polygon zkEVM Mainnet Beta, which is a huge win for the Polygon ecosystem. Currently trading at $0.6897, analysts believe that Polygon will increase to $1 by the end of the year. Despite this increase, experts still predict that Everlodge will be a more profitable investment. Find out more about the Everlodge (ELDG) Presale Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge 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.

The onchain execution of structured products promises transparency to investors and eliminates counterparty risks.

After receiving 50 submissions as part of a consultation process, the Reserve Bank of New Zealand (RBNZ) has said it won't propose a regulatory approach towards stablecoins and crypto-assets.

Users will be able to trade options tied to coins like LDO, PEPE, SUI, ARB, LTC, APT, and others, which was previously possible only through an over-the-counter desk. .

Ethereum (ETH) has long been a favorite, but could it make you a millionaire by 2024? While ETH remains a solid choice, experts are now recommending alternative options, such as Aptos (APT), Filecoin (FIL), and Orbeon Protocol (ORBN). These emerging projects offer promising potential, with Orbeon Protocol (ORBN) revolutionizing crowdfunding through its innovative features and […]

While the likes of TRON (TRX) and Binance (BNB) face regulatory scrutiny, Orbeon Protocol (ORBN) is enjoying another price pump of 2713% as it continues to gain traction during the presale. In this article, we will examine the recent developments in the cryptocurrency sector and explain why Orbeon Protocol (ORBN) is set to explode in […]

As the crypto market witnesses intriguing developments, on-chain metrics reveal that Bitcoin (BTC) and Ethereum (ETH) are currently trading at discounted prices due to increased network activity. Meanwhile, Orbeon Protocol (ORBN), an innovative crowdfunding platform, is making headlines as it experiences remarkable demand as well as witnessing an astounding 2713% price surge during its presale phase. >>BUY ORBEON TOKENS HERE>BUY ORBEON TOKENS HERE>BUY ORBEON TOKENS HERE<< Orbeon Protocol (ORBN) Orbeon Protocol (ORBN) is a pioneering platform that is reshaping the crowdfunding landscape by linking visionary startups with enthusiastic investors seeking unique opportunities. By transforming equity into fractionalized NFTs, Orbeon Protocol (ORBN) democratizes access to investment opportunities, enabling participation with as little as $1. As such, Orbeon Protocol (ORBN) empowers individuals from all walks of life to be part of the growth of promising ventures. Harnessing the capabilities of smart contracts, Orbeon Protocol (ORBN) simplifies the investment journey, guaranteeing secure and transparent transactions with minimal manual intervention. This results in an effortless and efficient experience for both startups and investors through Orbeon Protocol (ORBN). By holding ORBN tokens, investors unlock a range of benefits, such as preferential access to up-and-coming projects, staking rewards and additional incentives designed to foster engagement within the Orbeon Protocol (ORBN) community. As the Orbeon Protocol (ORBN) presale enters its final twelfth stage with an impressive $0.1125 token price, the potential for significant growth of 6,000% in the ORBN token's value by the end of 2023 is substantial. This positions Orbeon Protocol (ORBN) as an enticing choice for investors seeking to diversify their long-term crypto portfolios with a cutting-edge offering. Find Out More About The Orbeon Protocol Presale Website: https://orbeonprotocol.com/ Presale: https://presale.orbeonprotocol.com/register 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.