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πSats for Satoshis - or satellites?
πSats for Satoshis - or satellites?
Reminder for last-minute Christmas shopping, Geckos! The plot thickens as further updates regarding the Ripple crisis were released. The US's SEC dropped a bombshell lawsuit alleging that the creators behind XRP have offered $1.3B worth of unregistered security sales since 2013. Notably, the SEC's complaint included warning letters from 2012 where legal analysis first indicated that XRP could be considered an investment contract. In today's news, more exchange-based hacks again, football tokens receive a surge in popularity, and gaming outfits will soon be tokenized. Read on! | | |
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| 24h Hot Searches Worldwide π | |
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| | | It'd be nice to practice trading crypto before jumping into the real thing. Oh, wait β that's exactly what you can do on eToro! Creating an account will give you immediate access to a $100k virtual portfolio. Analyze the market and follow top traders in our vast social community of crypto knowledge β all before spending a single dollar.
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This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. | | Cryptocurrencies - 1, Argentinian Peso - 0 The crypto industry has been known for its volatility but the Argentine Peso could give cryptocurrencies a run for its money. Due to the significant inflationary issues with the Peso, many Argentinians are adopting stablecoins like DAI as an alternative. According to IvΓ‘n Tello, co-founder of the crypto exchange Decrypto, fresh salaries are often quickly converted into stablecoins to avoid further devaluation. CoinDesk | | Ford Fights Pollution With Blockchain Technology Over a 3-year period, the car manufacturer conducted a study to identify methods to reduce emission rates from plug in hybrid-electric vehicles (PHEVs). By using a dynamic geofencing feature, PHEVs will automatically switch to zero-emission activities when entering a low-emissions zone. The solution is supported by blockchain technology that monitors the entry/exit times of the vehicle in between the zones which did improve urban air quality. CoinDesk | | To Infinity and Beyond! One of the Earthly challenges that crypto infrastructure face is the risks of both physical thefts and digital hacks (by virtue of close spatial proximity). Rising security costs for computer infrastructure combined with lower costs for space travel has prompted CryptoSat to consider outer space instead. The company hopes to launch a prototype nano-satellite the size of a coffee mug in 2021 where it can act as a perfectly isolated and secure cryptographic module. (Editor's Note: Sounds like crypto is going to the moon...literally!) CoinTelegraph | | | What have you got on your wishlist this Christmas? Whether you've been naughty or nice this year, you can join our Christmas giveaway and stand a chance to win a brand new PS5, SWAG Packs, Christmas NFTs, or free Candy! At just 200 Candies to join, it's basically FREE! Stay tuned to our Social Media where winners will be announced! You can join our giveaway right here! | |
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| Delegated Proof-of-Stake (dPOS)A consensus mechanism where selected members of a network are voted as delegates to validate transactions and produce blocks on a blockchain. Members of the network vote for delegates through their holdings. Usually the highest voted delegates have the most power and tend to produce the most blocks and therefore rewards. Some protocols have built in mechanisms to balance it out. Overall, the delegated proof-of-stake system was built to counter the energy use and efficiency issues of the proof-of-work blockchain, at the cost of some degree of centralization. Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here | | | |
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