Author: CryptoHoppers

Not every method of earning money from the cryptocurrency market needs to be hands-on. In fact, passive income is an increasingly important part of the cryptocurrency picture.One of the passive income makers gaining popularity is by becoming a masternode for your chosen coin. Hosting a masternode can not only be profitable; it also contributes to the overall health of the blockchain you aim to support.Masternodes differ from standard nodes in several ways, but the most immediate and important are uptime and responsibility. Creating and hosting a masternode can mean a sizable commitment of time and resources. Ultimately, however, blockchains that…

Bitcoin transaction fees increased, surpassing 2022 levels. Coinbase and Binance balances fell as the market greed dropped. Although exempted from the U.S. SEC hammer, Bitcoin’s [BTC] response to the torrid regulatory landscape has become increasingly complex. As a result of the lawsuit served to Coinbase and Binance, total transaction fees have been rising. Read Bitcoin’s [BTC] Price Prediction 2023-2024 According to Glassnode, BTC’s transaction fees rose to 15.6 BTC. The last time this happened was at the height of Bitcoin Ordinals adoption, which caused clogging in the network. Regarding exchanges, transaction fees rose unusually in 2022 when FTX collapsed as…

Morgan compared the development of cryptocurrencies to that of smartphones Fagel disagreed, saying that crypto is being traded exactly like any other security Pro-crypto Australian lawyer Bill Morgan has criticized the U.S. Securities and Exchange Commission (SEC) for classifying Cardano’s native cryptocurrency, ADA, as a security. Two days ago, Morgan took to Twitter to express his doubts, questioning the regulator’s reasoning behind this assertion. Morgan compared the development of cryptocurrencies to the evolution of smartphones. He contended that when developers introduce updates and disclose information about their products’ qualities, it is only an attempt to remain competitive and increase sales.…

Algorithmic trading was first tried out 40 years ago on NYSE and has been growing ever since. According to JPMorgan research, only 10% of total turnover is traded manually. The success of algo trading may be attributed to the following facts. Machines work 24/7, have no emotions and can track market data for a large number of pairs. Most experienced cryptocurrency traders come from a traditional finance background. It’s logical to suppose that the cryptocurrency market will most certainly follow the way of the traditional trading market.From its inception in traditional finances trading robots were expensive, difficult to start and…

The Chair of the U.S. Securities and Exchange Commission (SEC) is doubling down on his harsh stance on crypto as he reportedly says that the industry is teeming with criminals and illicit activities. Speaking at the Piper Sandler Global Exchange and FinTech Conference in New York City, Gary Gensler says crypto reminds him of the 1920s, which he says was a time absent of federal securities laws, per CNBC.  “Hucksters. Fraudsters. Scam artists. Ponzi schemes. The public left in line at the bankruptcy court.” The long-time crypto critic reiterates the SEC’s stand that most digital tokens are securities and are…

On June 03, 2023, participants will have a chance to attend one of the largest Cosmos events that is being organized in Prague. The announcement about the date was made by Cosmos, adding that Gate to Cosmos 2023 will conclude on June 05, 2023. The 3-day long event will see industry leaders coming together to hold discussions about innovation and interchain projects. Cosmos is the future of the economy, known for being scalable, open, and interconnected. Adding the event to the list has brought a positive impact on the value of its token. It was last traded at $10.43, with…

Metaverse is a fancy word for sure, but it’s so much more. Prepare for the future of the internet, a universe of lights and noises, a reality that is different from the one you know.A form of the Internet we don’t just look at and use, but can literally enter- The Metaverse will surely change the way we live.The potential of this technology has been noticed and encouraged. Last year, Facebook rebranded as Meta, indicating the social network’s desire to be a forerunner in the new world. Moreover, interest in the project is still growing. For example, Microsoft’s projected $69…

Sturdy Finance, a decentralized lending protocol, fell victim to a security attack today, which led to a loss of 442 ether or about $800,000.  The unknown attacker took advantage of a reentrancy vulnerability that later facilitated manipulation of a faulty price oracle, thereby enabling them to siphon off funds. In decentralized finance (DeFi) applications, price oracles are pivotal as they provide real-world price data. However, they also represent a potential target for hackers who can exploit them. The attack on Sturdy Finance was initiated by a reentrancy attack, a method typically used to illicitly withdraw funds from DeFi protocols. This…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The reserve ratio of Djed, an algorithmic stablecoin designed for the Cardano ecosystem by Input Output Global (IOG), has fallen to 300%, real-time data on June 11 shows. The drop is amid dumping cardano (ADA) prices.  Djed reserve ratio drops to 300% Djed is a stablecoin issued by COTI, and by default, Djed is supposed to be collateralized by between 400% and 800%, according to the issuer.  With the turbulence facing the cryptocurrency market and falling ADA prices, the collateralization ratio of Djed is now at 3X;…

Video hosting or sharing platforms represent services that facilitate the upload, viewing, sharing, and streaming of video-based content on the Internet.At this point in time, Google’s YouTube represents the world’s largest video sharing platform, with over 1.9 billion monthly logged users, one billion hours-worth of video watched daily, and 500+ hours of content uploaded every minute of the day.Despite these impressive numbers, YouTube isn’t without flaws. In fact, the video-sharing platform has many disadvantages and has been involved in numerous controversies that spawn from its very nature – centralization.These issues include, but are not limited to strict video monetisation policies,…