Altcoin News and Information Today

Get paid to walk – what is SWEAT?

Sep 20, 2022

It all started with an app that counts your steps: the Sweatcoin app. This app has been around for many years and in many countries. You could earn Sweatcoins by walking (or running, if you’re really sporty). On September 13th, Sweatcoin finally launched their long anticipated token: SWEAT.

The aftermath of the Merge: Which proof of work cryptocurrency wins the race?

Sep 16, 2022

The Merge was the only topic for the last three months or so. Yesterday the big moment in the world’s no. 1 smart contract platform came and now the transition to proof of stake is finally over. But where did all the miners go? They are not gone and while we already discussed Ethereum Classic as a possible winner of the situation a few weeks ago, there are other viable alternatives for miners. Where did all the hashrate go, who are the big winners and how much do they profit from the Ethereum Merge?

What is the Bitcoin dominance?

Sep 16, 2022

In finance, you can assess how crypto currencies are doing by comparing market capitalization between them. Bitcoin dominance is the value of all Bitcoins added together divided by the total value of all other crypto coins. Let's see why this is an important percentage.

How is the EthereumPoW fork going down? Timeline and possibilities explained

Sep 14, 2022

The Merge is going to commence tomorrow morning. If everything is going as planned, the transition will be smooth and a few minutes after the Paris upgrade went live, the Ethereum blockchain will switch entirely to Proof of Stake network consensus. What is the EthereumPoW fork, what is the timeline and how can investors possibly play this event?

South Korea wants to arrest Do Kwon

Sep 14, 2022

A South Korean court has issued an arrest warrant against Do Kwon, the co-founder of the Terra Luna ecosystem. The various coins of the old and new Terra/Luna ecosystem dropped after the news.

Crypto exchange Huobi will delist privacy coins

Sep 13, 2022

The Seychelles-based crypto exchange Huobi is going to stop offering privacy coins starting next week. The action is likely due to pressure from South Korean regulators, where the company has many employees.

What is Litecoin?

Sep 10, 2022

Many analysts were of the opinion that Bitcoin is digital gold and that, in that sense, Litcoin would be silver. But what is Litecoin in the first place and can we still come to the same conclusion years later?

LUNA to the moon again: one-thousandth of a cent?

Sep 09, 2022

The price of Terra Luna classic is only half a thousandth of a cent. That sounds like not much, until you realize that a few months ago the price was around a ten-thousandth of a cent! What explains the almost tenfold increase in the price in such a short time?

Lawsuit users Tornado Cash against US Department of Treasury

Sep 09, 2022

Six users of Ethereum and coin mixer Tornado Cash have filed a lawsuit against the U.S. Treasury Department. They claim that putting Tornado Cash on the sanctions list is unconstitutional and that there are numerous legitimate ways to use this coin mixer. Crypto exchange Coinbase is financially supporting the lawsuit.

LooksRare explained: How LOOKS is challenging OpenSea

Sep 08, 2022

NFTs are one of the fastest-growing markets and it already caught the interest of global players like eBay. The biggest NFT marketplace worldwide remains OpenSea with a yearly multi-billion Dollar revenue. There are quite a few reasons why NFTs became successful. First of all, NFT collections are fun and they are creating strong communities. But what’s even more important is that there is a variety of use-cases for non-fungible tokens involved. It is possible to tokenize event tickets, art, music, and even digital property, just to name a few examples. Many analysts believe that NFTs will see even more growth with the adoption of the metaverse. This underlines how important NFT marketplaces are and what potential they could possibly unlock once this vision becomes reality. LooksRare is a challenger that is not only offering an NFT marketplace with similar options as OpenSea but also its own token that completes its ecosystem.

Ethereum Classics hashrate is at an all-time high pre-Merge

Sep 07, 2022

The Merge is going to commence next week and while the market is taking yet another nosedive, there is another blockchain profiting from Ethereum’s big transition to proof of stake. Miners were producing approximately $700 million worth of ETH in August 2022 and the equipment that was used for doing so will be put to work elsewhere once the Merge is over. Is Ethereum Classic becoming the new home for miners, how is the hashrate doing, and is it correlated to price?

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