Cryptocurrency stacking service is running on Bitfinex. Exchange customers will be able to make deposits at rates up to 10% per annum in digital assets. The service runs on the PoS algorithm. The marketplace does not charge commissions for the use of services, but takes part of the fee for the stacking.

Stacking is called an alternative method of mining digital coins based on the PoS algorithm. The network member blocks his tokens for the purpose of the validation mechanism, and for that he receives a reward. The amount of the rewards for stacking depends on the amount of assets being blocked - the higher it is, the higher this passive income is.

To improve stacking efficiency, the cryptocurrency community has begun developing collaborative pools that allow participants to collect the stack they need to generate revenue. Stacking platforms already exist on some oth ... Read more »

Views: 2300 | Added by: kravshis15 | Date: 2020-04-14 | Comments (0)

Cryptopia clients will receive their assets after the burglary
Source: cointelegraph.com
Users of the Cryptopia cryptocurrency exchange who suffered from a hack last year will be able to recover their funds. On April 8, Christchurch High Court in New Zealand ruled that cryptocurrency is the property of users under the country's legislation.

Thus, digital assets belong to the clients of the trading platform and cannot be considered debt, that is, to take a place in the competitive mass to pay off the liabilities to the creditors. Therefore, the court decision gives Grant Thornton, which liquidates Cryptopia, the opportunity to start recovering digital assets of 800 thousand. users.

The judge stated that cryptocurrencies on Cryptopia are intangible personal property of the site's customers, which can be identified as valuable. In this context, he ... Read more »

Views: 1683 | Added by: kravshis15 | Date: 2020-04-14 | Comments (0)

The March BTC crash of 50% to $ 3,800 lows allowed miners to prepare for the upcoming halving in advance. Christopher Bendiksen, head of the CoinShares research department, made this point of view. He reported that many companies have experienced a sharp collapse of the coin and a decline in revenue, while the least profitable have left this segment of the business.

CoinShares believes that a BTC drop of 50% will benefit mining
Source: leaprate.com
Thus, after halving and for several months of high volatility, the mining industry will be in a stronger position. Bendiksen also noted that miners will have to sell more mined coins. Accordingly, the BTC exchange rate will experience less pressure than before, in this connection the CoinShares representative forecasts a medium-term bullish trend in the cryptocurrency market.

The fundamental characteristics o ... Read more »

Views: 3104 | Added by: kravshis15 | Date: 2020-04-14 | Comments (0)

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