Trading platform eToro launches Staking-as-a-service feature

Users automatically receive rewards on some of their crypto positions. The eToro trading platform announced on Thursday the launch of a dedicated staking service for its clients, letting users earn staking rewards from Cardano (ADA) and Tron (TRX). Users who hold positions in either of these currencies will be eligible for staking rewards, awarded monthly.

eToro to begin staking rewards for Cardano (ADA) and other POS cryptos

The multi-asset, regulated platform, eToro has announced today that it will introduce its new staking service for Cardano (ADA) from this month onwards, according to a release emailed to AMBCrypto. The post eToro to begin staking rewards for Cardano (ADA) and other POS cryptos appeared first on AMBCrypto.

eToro to Offer Staking Rewards for Holders of TRON and Cardano

Free of charge for eToro clients, the new staking service will initially support Cardano and TRON but will add other tokens in due course.

Global economy saved: Reddit’s MOON token has a $2.64 septillion market cap

Despite still being on the Rinkeby testnet, holders of Reddit’s ‘MOONs’ have devised a way to trade the tokens for fiat. In defiance of Reddit's apparent wishes, crypto traders have devised a way to exchange the social platform’s ‘community points’  tokens for fiat — and it’s resulted in a pretty surprising market cap.  In May Reddit announced it would begin distributing ERC-20 rewards tokens on the Rinkeby testnet among users of its cryptocurrency and Fortnite subcommunities in the form of ‘MOONs’ and ‘BRICKs.’ The tokens are distributed according to a user's contributions to the respective subreddits. xMOON pairings appeared on xDai network exchange Honeyswap last week after Reddit introduced a feature allowing Moons to be converted into ‘coins’. MOON holders can now trade the tokens by converting them to xMOON via xmoon.exchange, and then exchanging the xMOONs for xDAI — which can be converted to the stablecoin DAI 1:1 — via Honeyswap.

Coinbase introduces staking rewards for Cosmos [ATOM]

Popular San Francisco-based crypto-exchange, Coinbase, announced today that eligible users can now earn 5% APY on their Cosmos (ATOM) held on the platform, according to a press release shared with AMB The post Coinbase introduces staking rewards for Cosmos [ATOM] appeared first on AMBCrypto.

Coinbase Offers Staking Rewards for Cosmos

Eligible customers can start earning 5% of rewards of Cosmos ATOM tokens, starting today.

Coinbase Launches 5% Staking Rewards for Cosmos’ ATOM

ATOM is only the second cryptocurrency to join Coinbase’s staking rewards program.

New Initiative Rewards Artists For Bitcoin Street Art

Source: Bitcoin Street Art / Twitter (cropped) The Bitcoin Awareness Game is the latest initiative to foster increased use of cryptocurrency-related street art worldwide, with artists rewarded with satoshis (sats, smallest units of bitcoin) from sharing their contributions to spreading the crypto message.

Former Block.one Execs Launch Tech to Make Ethereum More Secure

StrongBlock rewards people operating full blockchain nodes.

USDT Holders Can Now Earn 12-15% With a New Feature on Waves.Exchange

Disclaimer: The text below is a press release that was not written by Cryptonews.com. The new OTC desk on Waves.Exchange allows investors to convert their Tether into USDN stablecoins that yield 12-15% in staking rewards – and then exchange them back to USDT at a 1:1 ratio. Expanding the range of USDT investment tools Until recently, the main investment opportunity open to Tether (USDT) holders

Centralized finance is necessary, especially for DeFi crypto investors

Diversification is key to ensuring you will be able to take advantage of every opportunity without incurring too much risk. If you’re paying attention to developments in the cryptocurrency space, you’ve likely heard of decentralized finance and of the yield farming trend that helped it get over $9 billion worth of crypto assets locked in it. In short, yield farming — also known as liquidity mining — sees users generate rewards with their cryptocurrency holdings by interacting with DeFi protocols that either let them lend or borrow tokens.

‘Bitcoin-Undo’ Project Launches Token and Staking Rewards

The Kirobo token had a successful soft launch last week.

Messaging Giant LINE Launches Token Reward Program

Messaging app company LINK has started a rewards program where people can get LINK tokens by using its remittance and investment mobile apps.

Joke MEME coin airdrop is now worth $600K

The MEME crypto asset has blasted into new all-time highs of $1,775 after being listed on Poloniex. MEME, a community-driven project inspired by a ConsenSys developer’s satire of the yield farming bubble, has gained nearly 100% in 24-hours to post an all-time high of $1,775 after listing on Poloniex. Since the start of September, MEME has gained more than 900%, despite its supporters promoting the project through the slogan ‘don’t buy MEME.’ MEME is currently the 254th-ranked crypto asset with a $48 million market cap, with more than $17 million worth of MEME changing hands in the past 24 hours. MEME/USD: CoinGeckoThe project’s unlikely rise began when ConsenSys’ DeFi product lead Jordan Lyall created a mock-advertisement for a yield farming protocol generator dubbed ‘The Degenerator.’ Within hours of the post circulating across crypto-Twitter, someone had created an ERC-20 under the same name, and listed it on Uniswap under the ticker ‘MEME.’ The 28,000 token supply was distributed via airdrop in batches of 250 to Telegram users within 30 minutes of the token’s creation. The project now comprises an “experimental protocol” that “mash[es] up some of the most exciting innovations in DeFi” by offering yield farming rewards in the form of meme-inspired non-fungible token collectibles. 11 days ago the Meme Team was born just minutes after my degenerator tweet mocked YOLO DeFi developmentNow: against all odds, and irony, it's a passionate community experimenting with DeFi and artMeme is an NFT farming protocolThe LP Pool is live!https://t.co/etBA1cmr1P pic.twitter.com/5v9dt2jc2t— Jordan Lyall (@JordanLyall) August 26, 2020 Poloniex is the sixth exchange to list the token, following Uniswap, Balancer, 1inch, Hoo, Mooniswap.

Dissatisfied miners in China want to fork Filecoin

Multiple mining groups in China have announced that they will fork Filecoin’s blockchain as they claimed to be dissatisfied with mining rewards, according to a report in Sohu.com, a Chinese media co The post Dissatisfied miners in China want to fork Filecoin appeared first on AMBCrypto.

Chinese miners are threatening to fork Filecoin

A group of miners in China, unhappy with mining rewards, are threatening to fork Filecoin's blockchain weeks ahead of the mainnet's anticipated launch.

Cold Shower For Sweating Bitcoin Miners in Sight as Hashrate Soars

Bitcoin (BTC) mining difficulty is estimated to hit another all-time high on Saturday and reduce mining profitability, as the computational power of the network is now up by more than 20% since the beginning of August. Mining difficulty, or the measure of how hard it is to compete for mining rewards, is set to jump by 12%, to 19.49 T, according to estimations by BTC mining

On bitFlyer Japan, Bitcoin Rewards Program Hits New Record

A report shared with CoinDesk Japan revealed that bitFlyer users exchanging loyalty points for bitcoin hit a record high in August.

SwapX DEX Rewards Users for Supporting DeFi

SwapX, a new decentralized exchange, advertises extra DeFi rewards to liquidity providers on existing exchanges like Uniswap and Balancer.

Budget Air Carrier’s Crypto-discount Tickets Drop in Time for Holiday

The South Korean budget airline and Korean Air affiliate Jin Air has teamed up with blockchain-powered travel and rewards points firm Mil.k to launch a crypto-powered promotional offer for flight tickets. Per Money Today, holders of the Mil.k Wallet platform’s Mil.k Coin will be able to buy Jin Air’s Genie Coupon vouchers, redeemable against flights, until

Korbit Offers Bitcoin Employee Reference Rewards

A leading South Korean crypto trading platform has taken a somewhat novel approach to hiring new staff – by offering bitcoin (BTC) rewards for staff members who recommend new hires, and handing out BTC to staff members who work as interviewers during the recruitment process. Per media outlet EBN, the crypto talent pool is becoming increasingly narrow, with a number of

SushiSwap (SUSHI) Slashes Rewards and Total Value Locked Takes a Plunge—What Does This Say About LPs?

SushiSwap (SUSHI) recently cut its rewards from 1,000 SUSHI tokens per block for liquidity providers, to 100 SUSHI tokens as of Ethereum block 10850000.

Uniswap Takes Lead Over SushiSwap Less Than 24 Hours After SUSHI Rewards Drop

Shortly after SushiSwap's block rewards fell from 1,000 SUSHI tokens to 100, total value locked has fallen behind rival Uniswap.

What to Watch for as SushiSwap Cuts Block Rewards From 1,000 to 100 SUSHI

SushiSwap will distribute 90% less $SUSHI to its liquidity providers as it did before – and it's anyone's guess whether the piles of crypto locked in will stay.

DeFi Money Market Adds Yield Farming Atop Interest Rewards

DeFi Money Market, which already pays interest on deposits, has introduced governance token rewards for staking stablecoins on decentralized exchanges.

DGTX Staking Rewards to Arrive in Q1 2021

Digitex Futures has already made a name for itself in the cryptocurrency space by launching the world’s commission-free BTC futures exchange in July.

Lightnite Introduces Bitcoin Lightning Rewards to Players

To promote the introduction of Bitcoin rewards, Satoshi’sGames has added support for Trezor hardware wallets to the Lightnite game.

Binance Unveils New Product for ‘Yield Farming’ Crypto Assets

Users of the new Launchpool will be able to stake Binance's tokens, as well as the ARPA token, for rewards in Bella (BEL).

Vid Foundation opens staking

Other features will also be in the network. Vid Foundation, the company behind the social media app Vid which rewards users, unveiled its plans to allow more staking in its VI token. Jag Singh, CEO and Co-Founder of Vid Foundation, said in a post that new stakers would be able to join Vid and stake their tokens. Singh said that starting from September 1 and for the next three months Vid will open up staking for 14 million Vi.

Gaming platform Ultra integrates Theta Network for live streaming

Gamers will see previews of games being played live before purchase and can earn rewards to spend in the Ultra ecosystem for sharing streams. Blockchain-powered gaming platform Ultra announced Sep.

Russian Ministry’s Crypto Mining Plans ‘a Cause for Concern’

The Russian Ministry of Finance wants to ban crypto miners from receiving token rewards leading to what newspaper Izvestia has called “a de facto ban on the circulation of cryptoassets in Russia.” The newspaper said it has seen Ministry of Finance-drafted legislation proposals pertaining to a forthcoming crypto law that politicians claim may be ready for parliamentary

Cred to enable in-app staking through Klever wallet

Crypto wallet app Klever will allow users to stake cryptos in Cred’s staking programs from within the wallet. Cryptocurrency wallet platform Klever will allow users to stake Bitcoin (BTC), Ether (ETH), Tron (TRX) and other cryptocurrencies in Cred’s staking programs from within the wallet. Cred is a cryptocurrency staking and lending platform that allows users from across 190 countries to lend their cryptocurrency funds in return for monthly rewards in stablecoins, cryptos and fiat currencies.  The new feature will allow Klever users to opt for any of the staking programs listed on Cred in return for monthly rewards.

Another Turkish football club is capitalizing on blockchain madness

Fan token adoption heats up as Trabzonspor joins the craze. Turkish football club Trabzonspor is the latest team to issue their own fan tokens using the Blockchain voting and rewards app, Socios.com, which will be available via the Chiliz exchange. According to the announcement, $TRA token holders will be able to vote in various polls and earn rewards for their engagement with the football club.

Cardano Pays out Higher Staking Rewards Than Expected

After migrating to a proof-of-stake blockchain last month, Cardano has started doling out the rewards.

Blockchain Project Qtum Moves to Boost Network Participation With Offline Staking

Blockchain application platform The hybrid blockchain will soon undergo a fork enabling network participants to stake and earn rewards from tokens held in offline wallets.

The Challenge of Taxing Proof-of-Stake

Cointelegraph examines the basis of Congress calling out the IRS for threatening to tax proof-of-stake rewards beyond their actual value. While being a relatively young correction to energy-intensive proof-of-work (PoW) network validation, proof-of-stake has existed in theory since 2012.

Filecoin’s Space Race testnet will hand out 4 million FIL in rewards

File storage platform Filecoin is about to launch an incentivized testnet, rewarding those for testing its network.

Shock: Ethereum Miners Against Proposal to Reduce Block Rewards by 75%

The new EIP-2878 would reduce block rewards by 75% and has received sharp criticism from miners who say it will compromise the network’s security. A new Ethereum improvement proposal (EIP) has been met with sharp criticism from miners suggesting those behind the proposal are less interested in the network’s security and more focused on investors’ interests. EIP-2878 proposes that block rewards be reduced by 75%, from 2 ETH per block down to 0.5 ETH.

Pomp’s Morgan Creek Leads $50M Investment in Crypto Lender BlockFi

BlockFi’s Bitcoin reward card is inching forward. BlockFi, a major American cryptocurrency lending startup, has completed another funding round featuring major industry investors. The company has raised $50 million in a Series C round led by Anthony Pompliano’s crypto asset management firm Morgan Creek Digital, BlockFi announced on Aug.

Yield Racing: F1 Delta Time Players Can Now Stake Their NFTs

Players of the crypto-powered F1 Delta Time game can now stake their NFTs to generate rewards in the form’s Animoca Brands’ REVV token. Blockchain gaming company Animoca Brands has launched staking for the non-fungible token collectibles (NFTs) featured in its F1 Delta Time title. Stakers will be able to earn a weekly dividend on their NFTs in the form of REVV tokens.

Amuary Sechet: ‘Upgrade or Bitcoin Cash Is Destined for Irrelevance’

A Bitcoin Cash upgrade that would mandate all newly minted blocks donate 8% to development is threatening to drive a hard fork in November. Bitcoin ABC, the dominant implementation of Bitcoin Cash (BCH), has published a controversial new upgrade that BCH supporters must deploy prior to November 15 to facilitate changes to the crypto asset’s core protocol. Lead developer Amaury Sechet said part of the reason for the new upgrade was to provide crucial development funding to allow Bitcoin Cash to compete with Bitcoin and Ethereum. “In comparison, Bitcoin Cash is lacking in funding and the result is a poorly maintained infrastructure, highly dependent on the work of other teams such as Bitcoin Core’s, as well as poor developer tools.” The update will introduce a new difficulty adjustment algorithm dubbed ‘ASERT’ in response to drawn-out block times, alongside a controversial feature that will reject all newly mined blocks that do not divert 8% of rewards to a wallet designated to funding ongoing development to the ABC protocol — dubbed the ‘coinbase rule.’ Sechet predicts that without the coinbase rule, BCH’s future is a “slow drift into irrelevance” but said the split in the community ran much deeper than this one issue.

Curve's "vote locking" feature boosts CRV rewards by up to 2.5x

A maximum of 2.5x multiplier can be achieved under the right conditions.

Walmart Adopts Crypto: Shoppers Can Now Earn Crypto-Back

StormX, the blockchain-based rewards platform that helps users earn crypto, has scored a significant coup by onboarding retailing giant Walmart.

$99 Gas Fees on Ethereum Are Crippling DeFi’s Growth

Skyrocketing Ethereum fees and the exorbitant costs of interacting with DeFi smart contracts, threaten the growth of the sector. The surging popularity of decentralized finance (DeFi) protocols on Ethereum (ETH) has contributed to skyrocketing fees, with the network processing an all-time high of $6.87 million in total fees yesterday.  Speaking to Cointelegraph, Synthetix (SNX) founder and CEO, Kain Warwick warned that high fees were impacting the growth of DeFi, stating: “In the last three months, we’ve gone from an environment where DeFi was expensive to use and a little bit slow, to now, [where] for a lot of people it’s prohibitively expensive.” Ethereum fees have spiked nearly 100% over the past 24 hours as congestion saw transaction expenses smash the previous high of $3.27.  Ethereum transactions fees, 3-month chart: BitInfoCharts While the average Ethereum transaction fee is more than the daily income in many countries, the additional smart contract executions needed to engage with DeFi protocols has seen users report fees of up to $100. Major roadblock to growth The rush to stake coins in the doomed YAM protocol saw numerous SNX stakers report transaction fees as high as $99 when seeking to collect weekly participation rewards.

Down to the Wire: Yam Finance Saved at the Last Minute

Catastrophe has been narrowly averted by YAM Finance after the DeFi community rallied in support of a campaign to recapture governance over the protocol. After a tense day, the most talked about new decentralized finance (DeFi) protocol YAM Finance has overcome a near-catastrophic code error.  The future of Yam Finance was abruptly thrown into question earlier today when a bug in the protocol’s code resulted in excessive YAM reserves being minted — rendering it “impossible to take any future governance actions.” The project quickly asked for community support, offering rewards to YAM miners and token-holders who were willing to pledge their tokens toward a pool of 160,000 coins to recapture governance over the protocol before the 7am UTC deadline, allowing just seven hours to save the project. A late surge of support saw YAM surpass its target with just 90 minutes to spare. DeFi community unites to save YAM While Yam’s outlook appeared bleak, when only one-third of the required tokens had been contributed two hours into the campaign, widespread efforts from across the DeFi community quickly rallied strong support for the protocol. The support included efforts by CoinGecko, Synthetix, and Curve Finance to encourage contributions to Yam’s campaign, while numerous “benevolent YAM whales” farmed YAM on Uniswap to bolster the number of tokens allocated towards recapturing governance.

CoinMarketCap Launches Earn Program, Rewards Starting with BAND

CoinMarketCap Earn enables users to watch educational videos about digital assets, complete quizzes, and earn rewards.

CoinShares: 'Bitcoin Is Like a Risky Tech Stock’'

Behaving like a tech stock means Bitcoin carries the same high risk and high reward opportunities as a fledgling startup. Bitcoin acts more like a tech startup stock than digital gold — with investors reaping big rewards if it works but potentially losing everything if the crypto asset fails. That’s the conclusion of an Aug.

Bitcoin Mining Difficulty Climbs Again, Miners Selling More BTC

Bitcoin (BTC) mining difficulty is getting closer to the 17 T zone, as it went up again - meaning, Bitcoin miners' job just got slightly more difficult, while they're spending more of their coins. Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, went up by 0.59%, but that was not enough to push it over the 17 T level, raising the

How Miners Can Hedge Their Inventory to Increase Return on Investment

Strategies from the world of traditional finance could offer promise for miners who want to lower the risk associated with holding inventory. To a newcomer, crypto mining may sound deceptively easy — essentially, a way to switch on a machine, walk away and watch the lucrative crypto rewards roll in.

pTokens project launches pNetwork DAO with staking rewards of 42% APR interest 

The pTokens project has today launched the pNetwork DAO, giving holders of the governance token $PNT the opportunity to help govern and influence the future of the DeFi cross-chain solution.

IOHK Gives Date For Payout of Delayed Cardano Incentivized Testnet Rewards

Participants of the Cardano Incentivized Testnet (ITN) were expecting to receive reward payouts on August 3.

US Lawmakers Ask IRS to Encourage Cryptocurrency Innovation, Clarify Position on Staking Rewards

A group of US Congress members is asking the Internal Revenue Service (IRS) to clarify its position on crypto staking rewards.  In the letter dated July 29th, lawmakers David Schweikert, Bill Foster, Tom Emmer, and Darren Soto explain to IRS Commissioner Charles Rettig the difference between proof-of-stake and proof-of-work protocols.  “The Bitcoin network is secured […] The post US Lawmakers Ask IRS to Encourage Cryptocurrency Innovation, Clarify Position on Staking Rewards appeared first on The Daily Hodl.

Bitfinex Offers $400 Million in Rewards to Get Back 120,000 Stolen Bitcoins

Cryptocurrency exchange Bitfinex is offering rewards of up to $400 million to the hackers who stole almost 120,000 bitcoins from its platform in 2016 as well as anyone putting it in touch with the hackers.

DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say

DeFi trading bots create "walls of executions," resulting in higher rewards for Ethereum miners, higher profits for traders and higher fees for everyone.

MiL.k’s MLK Lists on Kucoin as Blockchain Loyalty Platform Levels Up

Blockchain rewards platform MiL.k has maintained its impressive run through 2020 by securing a listing for Milk Coin (MLK) on KuCoin.

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Innovation friendly members of United States Congress have written to the IRS request a level-headed approach to tax on cryptocurrency staking rewards.

Congresspeople Call on IRS to Take It Easy on Taxing Staking Rewards

Several of the more crypto-forward members of Congress have asked the IRS to sharpen up its guidance on taxing staking rewards. On Aug.

US Lawmakers Don’t Want Proof-of-Stake Networks to Get Overtaxed

Four US congressmen have asked the IRS to clarify how block rewards from proof-of-stake networks are taxed, to prevent taxpayers from owing more than they should.

Bitfinex Steps up Hunt For Its Hackers, Promises USD 400m In Rewards

Major crypto exchange Bitfinex has offered a multi-million dollar reward to anyone who can lead it to the hackers responsible for the the theft of nearly bitcoin (BTC) 120,000 in August 2016 - even to the hackers themselves. Today's value of the bitcoin stolen from Bitfinex four years ago is around USD 1.34bn.

One of these projects could help scale Reddit’s crypto rewards

Almost two dozen crypto projects are vying to help scale Reddit's ambitious Ethereum-based rewards system.

pTokens Project Launches pNetwork DAO With Staking Rewards of 42% APR Interest

Disclaimer: The text below is a press release that was not written by Cryptonews.com. London, Friday 31st July 2020 The pTokens project has today launched the pNetwork DAO, giving holders of the governance token $PNT the opportunity to help govern and influence the future of the DeFi cross-chain solution.

pTokens project launches pNetwork DAO with staking rewards of 42% APR interest

London, Friday 31st July 2020 – The pTokens project has today launched the pNetwork DAO, giving holders of the governance token $PNT the opportunity to help govern and influence the future of the DeFi cross-chain solution.

Aave (LEND) Staking Proposal Could Extend DeFi Token’s 600% Rally

Aave’s LEND token continues to rally after DeFi protocol introduced staking rewards in its Aavenomics proposal. On July 29 the price of Aave (LEND) surged 23% as the project released its tokenomics update proposal called Aavenomics.  The upside move brought LEND’s market cap to $447 million and will surely have investors curious on whether the DeFi-related token will surge higher as it has already gained nearly 600% over the past 3 months.  LEND/USD chart.

Ethereum mining rewards hit all-time high. Here’s why it matters

Ethereum miners are earning more from ETH fees than ever before.

DAI Rewards, Bitcoin Futures Record, Blockchain Park + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Coinbase has launched a rewards program for customers holding Maker's DAI stablecoin.

Coinbase Offers DAI Holders 2% Interest

Coinbase is offering crypto customers 2% interest for their Dai holdings. US crypto exchange Coinbase is now offering a way for users in six countries holding Dai to earn up to 2% back from rewards. According to a July 29 post on the Coinbase blog, Dai (DAI) holders in the United States, UK, Netherlands, Spain, France, and Australia are now eligible to earn 2% annual percentage yield (APY) through its new program Dai Rewards.

Coinbase is giving daily rewards to users holding the DAI stablecoin

Coinbase customers from the US, UK, Netherlands, Spain, France and Australia can earn 2% a year on their DAI deposits.

Coinbase Now Offers 2% Rewards on Dai Stablecoin Accounts

The program applies to customers residing in the US, UK, The Netherlands, Spain, France and Australia.

Coinbase Launches Kyber Rewards, But a Long Wait is More Likely

US crypto exchange giant Coinbase is going deeper down the DeFi rabbit hole by listing more tokens and offering rewards through its Learn platform.

It’s now easier to help secure Ethereum 2.0, earn ETH rewards

The Ethereum Foundation has released a tool to make it easier to become a node validator on the new network.

About 80% of ETH Supply Is Qualified for Staking, Says ConsenSys

About 86 million ETH is held on non-exchange wallets containing enough Ether for staking on ETH 2.0. As the crypto community is anticipating Ethereum 2.0, a large number of Ether (ETH) holders already have enough ETH for staking on the network. Nearly 80% of total Ether (ETH) supply is being held by non-crypto exchange wallets exceeding the amount required for staking on Ethereum 2.0, according to the latest “Ethereum 2.0 Economic Review” report.

Zcash Upgrade, Stellar on Samsung, Gemini on Brave + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Privacy news Privacy-focused Zcash (ZEC) upgraded today, improving interoperability through FlyClient support and giving miners the option to immediately shield mining rewards in coinbase transactions.

Cardano Holders Disappointed Over Initial 4.6% Estimated Staking Rewards

In the countdown to the Shelley mainnet launch at the end of this month, Cardano has released details of its staking reward system.

HOPR Data Privacy Testnet to Launch Following Investment by Binance

Binance-backed data privacy startup HOPR is preparing to launch its first public testnet on July 16. Swiss data privacy startup HOPR is launching its first public testnet shortly after securing $1 million in investment from investors like Binance. HOPR said that the startup is preparing to launch the testnet and community support program on July 16.  The event will feature rewards in MakerDAO’s stablecoin Dai (DAI). Token sale date undisclosed The HOPR project was launched in response to increasing concerns over online data privacy.

‘How to Buy Bitcoin in India’: Crypto Exchange Offers Rewards for Videos in All Indian Languages

Indian cryptocurrency exchange Wazirx is offering rewards for videos about how to buy bitcoin or other cryptocurrencies in India in all Indian languages, including Hindi, Tamil, Gujarati, Marathi, Kannada, Bengali, and Telugu.

Max Keiser: Bitcoin’s Rising Hash Rate Shows Confidence in Fiat is “Collapsing”

Bitcoin’s recent mining rewards halving that took place just a couple of months ago went off without a hitch and has had a negligible adverse impact on the dynamics seen amongst the cryptocurrency’s miners.

Crypto Exchange Coincheck Supports Trading for BAT Tokens

Coincheck joins Japan-based exchanges GMO Coin and BitFlyer in supporting trading for Brave’s Basic Attention Token starting on July 21. Japan-based cryptocurrency exchange Coincheck will soon offer support for BAT token holders. According to a July 13 announcement from the Monex Group — the owner of Coincheck since its acquisition in 2018 — the virtual currency exchange will make Brave’s Basic Attention Token (BAT) available for trading starting on July 21.  BAT will be the 13th token investors can buy, sell, or trade on the platform following the introduction of Qtum (QTUM) in March.  Brave rewards system BAT is a native token of the privacy-based browser Brave, whose number of users has surged to more than 15 million in the midst of a pandemic.  Currently, Brave users in Japan can earn Basic Attention Token Points (BAP) as a reward for displaying advertisements on the browser.

Bitcoin Difficulty Touches All-Time High, 120 Exahash of Hashpower Remains Strong

The network difficulty for the Bitcoin network spiked over 9.8% on Monday bringing the difficulty to its highest point ever.