Author: hotcrypto

2020 was an era of meme coins, where multiple projects launched in the market and proved to be a valuable addition to the crypto world. Platforms like Shiba Inu (SHIB) surfaced and brought a revolution in the cryptocurrency niche. Similarly, developers are designing a new meme coin project, Pugglit Inu (PUGT), to revolutionize all the tokens and introduce better forms in this industry.  Pugglit Inu (PUGT) promises to be a next-level solution to many crypto-related problems like lack of accessibility, rigid ecosystems, high transaction costs, and lack of security. This is the first step taken by the developing team of…

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Ethereum [ETH]-based NFT collection, Azuki was the subject of a 311% increase in sales volume over the last 24 hours. According to CryptoSlam, about $703,760 exchanged hands between buyers and sellers within the aforementioned period. Interestingly, Azuki was not the only collection involved, as one Solana [SOL] NFT collection joined the party.  DeGods, the SOL-hosted collection, recorded a 334.84% increase in volume, worth $659,308. Despite the incredible rallies of these NFTs, they could not match the volume of Bored Ape Yacht Club [BAYC]. At press time, data from CryptoSlam showed that BAYC’s sales volume was $2.07 million, with a 34.82%…

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In this section the schematic of different modules of implemented Peer to Peer energy trading framework using IOTA blockchain in accordance with the present invention. A user connected to solar panel is an energy producer who sells its energy to consumer devices. A single channel low cost INA219 current/voltage/power sensor that comes in the form of a breakout board and is connected to the Raspberry PI controller pins. A potentionmeter is a variable resistor placed in the circuit to simulate variable power usage. At interval of 1 hour (callback function of MAM) we calculated the average power usage for that…

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Self-described “on-chain sleuth” @ZachXBT tweeted that a wallet linked to a Dogechain developer had started dumping DC tokens.Nice a wallet that received 20,000,000,000 DC for free ties directly back to the deployer and has already started dumping tokens on people.0x7249a89195A7A532af12345E2dE0C20c8A06A0d9https://t.co/rsnYUsVzrD https://t.co/66Ulblwfcl pic.twitter.com/lsSqa4Mj9w— ZachXBT (@zachxbt) August 25, 2022Dogechain launched their DC token on Aug. 24 via airdrop to qualifying wallets. The qualifying criterion was any Dogechain wallet that had interacted with the protocol before Aug. 23. This would necessitate adding Dogecoin(DOGE) liquidity into the Dogechain protocol.Reddit user u/evelynvee posted that the Dogechain dev wallet mentioned by @ZachXBT was dumping the 20…

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“The collapse of crypto shadow banks like Celsius demonstrated just how problematic centralized, opaque finance can be,” says Sunny Aggarwal of Osmosis DEX. Centralized finance platforms have taken a huge credibility hit due to poor risk controls, but decentralized finance protocols haven’t escaped unscathed either. So, is DeFi or CeFi likely to emerge stronger from this current period of turmoil, or is the future likely to see some sort of hybrid of the two?In November 2021, Zhu Su, co-founder and chief investment officer of hedge fund Three Arrows Capital (3AC), was a big name within the CeFi industry. Having just…

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BlockBar, one of the pioneering asset-backed NFT markets for luxury wines and spirits, has implemented Chainlink Price Feeds on Ethereum mainnet. BlockBar is able to provide its customers with access to high-quality, tamper-proof pricing feeds because it has integrated the industry-leading decentralized oracle network. This enables BlockBar’s users to reliably convert NFTs between USD and ETH, which in turn enables BlockBar’s users to put their NFTs for sale in USD. Users of BlockBar will receive increased guarantees as a result of this change that buyers will receive the most recent and correct conversion rate at the time of the purchase,…

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Arman Shirinyan Cardano is in good position against BTC and other cryptocurrencies as asset reaches important resistance Contents Cardano reaching fundamental supportBitcoin’s downfall continuesWhile most cryptocurrencies on the market are looking for a bounce foundation beneath them, Cardano has reached the fundamental level of the 200-week moving average against Bitcoin, which forms the green price candle after yesterday’s 13% plunge. Unfortunately, the price performance against USD leaves much to be desired. Cardano reaching fundamental support Despite the stalemate on the USD pair, Cardano is showing some bounce potential against Bitcoin, which is clearly not showing any kind of strength on the…

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Bitcoin Cash [BCH] has turned out to be one of the best cryptocurrencies that one could have bought during the weekend. Last week’s crash triggered a sell-off across the crypto spectrum. Most of the top cryptocurrencies have struggled to recover due to fears of more downside. However, BCH has already bounced back by more than 20%. The token climbed as high as $139 in the last 24 hours at press time. This peak represents a roughly 23% upside from its weekly low of $111. Source: TradingView Bitcoin Cash’s robust bounce back from last week’s lows suggests that it attracted heavy…

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Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. The definition of an altcoin has evolved since the early days of cryptocurrency, when only a handful of crypto assets existed. Back then, anything but Bitcoin (BTC) was considered to be an altcoin. Today the world of crypto assets is much broader. There is a wide variety of coins and tokens with use cases that go well beyond a medium of exchange, meaning they aren’t necessarily Bitcoin competitors. Still, for lack of a better designation at the moment, the…

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