Author: John Gilmore

IOTA operates on an entirely different level of approving transactions through its modified Proof of Stake algorithm, Fast Probabilistic Consensus. Instead of completing a transaction validation through a single node, IOTA transmits the transaction across all the participants to distribute the processing time. For each outgoing transaction, an active user needs to confirm two transactions, making its distributed ledger system even faster and stronger as the tangle gets more transactions to complete. Unlike Blockchains, this ecosystem turns faster with higher loads. IOTA, at present, is at 100% liquidation and based on its fee and permissionless ledger technology, it could be…

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Dogecoin (DOGE) and Shiba Inu (SHIB) are the only tokens failing against the bears among the top 15 cryptocurrencies with the most significant market capitalization.  Both tokens made retracements during the day, which leaves investors thinking about where they should invest next. The Hideaways (HDWY) has smashed its presale performance at the right time, making it an attractive saving grace now that meme coins are up for severe reversals. Dogecoin (DOGE) Gets Some Petting – From Whales Dogecoin (DOGE) has recently been declared among the top cryptocurrencies that whale traders have loved. Reports show more than 5% of the meme…

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A compound is a platform to borrow and lend crypto assets without a central authority. The lenders are like investors who want to generate more value, but borrowers pay interest on the amount. The crypto assets enter into a liquidity pool where a series of smart contracts match the available loans and complete the process on this decentralized network. Smart contracts play a vital role in determining interest rates using algorithms that monitor the crypto network. In order to borrow an amount, you have to add a particular amount of coin to the threshold. The compound work in the altcoins…

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Maker DAO and its corresponding stablecoin DAI have been under strict scrutiny as LUNA’s stablecoin declines and impact other similar projects. Holding Maker allows you to have a say in the governance of Maker DAO and Maker Protocol by using voting rights for token holdings. In turn, Maker allows users indirect control over the DAI stablecoin, turning the entire process of creating stablecoin into a complex affair and reducing security challenges. Maker currently has a market capitalization of $709,063,68, with 97% of the token already existing in the circulating supply. Maker’s price action touched new heights during the peak trend…

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Karate Combat has announced plans to launch its Decentralized Autonomous Organization by the end of this year, making it the first sports league to transition the governance to the community of fans and athletes. The timeline for the transition is December 2022, and DAO is expected to be launched by then. The launch of DAO is a part of a three-year sponsorship deal signed with HBAR Foundation in May 2022. Once the governance has been transferred, the holders of $KARATE will be able to determine the league’s resource allocation, budget, marketing strategy, supplier selection, and changes in rules within the…

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Google Cloud published a news release to share the update on its recent partnership with Sky Mavis. Google Cloud has announced that it is not the validator for the blockchain network of Sky Mavis. As a validator, Google Cloud will enable Sky Mavis to scale with a secure and sustainable infrastructure, advancing the vision of building the games universe with immersive, interrelated, and rewarding experiences. With this update, Google Cloud joins the pool of validators that includes names like Nansen, Animoca Brands, and DappRadar, to mention a few. Google will take on the responsibility of contributing to the security aspect…

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Circle recently treated the USDC community with a massive announcement. The all-new cross-chain transfer protocol by Circle will support USDC interoperability. It will allow general users and developers to access the USDC functionality on the platform. Circle first announced on the ConvergeSF22 stage and then released a string of tweets. These tweets explained the development in detail, helping users understand how it will affect them. As per the post, Circle’s new cross-chain transfer protocol is permissionless. In addition, it allows users to send USDC natively across different ecosystems. This results in better liquidity and reduces the fragmentation of bridged assets.…

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On Sept. 28, during the Token2049 event in Singapore, MEXC Exchange officially announced at the MEXC afterparty “M&M Launcher” that its fund was officially upgraded to M-Ventures and a new management team. The upgraded M-Ventures is a comprehensive fund committed to empowering innovations in the cryptocurrency field via strategic investment, mergers and acquisitions, funds of funds, and project incubation. At the same time, the upgraded M-Ventures, as a new sub-brand, is affiliated with the MEXC Group and merges the original M-Labs and other diversified investment businesses to fully mobilize the group’s resources and cooperate with top-level partners in the industry.…

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Stan Lee, the biggest name in the comic world, is still contributing after passing away. Thanks to Shirrel Rhoades, an anti-super heroine created by Will Meugniot and Stan Lee has been found after 20 years. OneOf, a green Web3 company, is bringing the first internet-based anti-heroine to the Polygon network. eBay, the biggest collectible marketplace globally, is assisting OneOf in moderating the process. Once executed, users can access the much-anticipated SLAM-GIRL on Polygon. OneOf and Polygon released an official tweet to inform users about the development. As expected, the news thrilled both comic and NFT fans. In collaboration with @eBay,…

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SuperRare recently elevated its value proposition by entering a year-long partnership with 0x Society. The collaboration will result in artists and collectors learning more about the cryptoart space. The partnership was announced on SuperRare’s official Twitter account. The platform shared a string of tweets to help users learn about the collaboration and its results. Besides the partnership, the tweets also unveiled an inaugural exhibition from the companies. Titled The Wild Within & Everlasting, the popular series by Ryan Koopmans is currently being presented on SuperRare. Users can also enjoy the series in person at the 0x NFT Art Gallery in…

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