GETART will be listed on PancakeSwap on 05/20
We are happy to announce that the launch on pancakeswap is confirmed and many other news will be announced until then, we remind you that…
A Tale of Chaos vs Order : The ideological war between Bitcoin and Ethereum doesn’t need to happen
We are witnessing an ideological opposition as old as the world itself and we cannot allow ourselves to be consumed by crypto-tribalism
The only coin that’s on its way up today
Ryo is one of very few cryptonote currencies that does actual, rapid development. Its team is led by [**fireice_uk**](https://github.com/fireice-uk) and [**psychocrypt**](https://github.com/psychocrypt), who are the developers of [**xmr-stak**](https://github.com/fireice-uk/xmr-stak/releases) mining software and the [**cryptonight-heavy**](https://github.com/ryo-currency/ryo-writeups/blob/master/cn-heavy.md) algo which has been used by several Cryptonote projects and pioneered first in industry floating point mining algo [**Cryptonight-GPU**](https://ryo-currency.com/cn-gpu/).
Ryo has implemented several features like [**Solo mining feature**](https://solo-pool.ryoblocks.com/getting-started)**,** built-in pool software with workers support, statistics and graphs display, mnemonic seed confirmation etc. into its source code and the developers are improving it further to make it a top cryptocurrency with privacy and security as the core foundation.
Ryo is highly undervalued considering its real life uses but it has started rising now. It is up 1000% in last 24 hours
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U.S. House approves establishing a crypto regulation working group between SEC and CFTC.
The U.S. House of Representatives has passed a bill mandating that the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) establish a crypto regulation working group to assess the state of current regulatory frameworks and make suggestions for future improvement. The working group would comprise SEC, CFTC, and relevant business representatives, academics, and investor protection organizations.
The bill requires the working group to jointly produce a report.
The bill, dubbed the Eliminate Barriers to Innovation Act of 2021, requires the working group to produce a report within a year of the bill’s enactment on the current state of crypto regulation in the United States. Specifically, the report is to focus on the impact that lack of regulatory clarity is having on the industry and how current regulatory regimes are impacting the country’s competitive position relative to those of other countries. The working group is also required to propose recommendations for future regulatory change in the crypto industry.
The bill still needs to be approved by the Senate.
The working group must also include recommended standards and best practices concerning reducing fraud and market manipulation in the industry and improving anti-money laundering and anti-terrorist financing compliance. However, the bill still needs to be approved by the Senate before being enacted into law. The US SEC and CFTC have made waves in recent months by increasingly taking action against non-compliant and criminal activity in the sector, which many have taken as a sign of coming regulatory scrutiny. The crypto industry has gained massive mainstream exposure this year following bitcoin’s unprecedented bullish rally. This has also raised a concern among regulators as the crypto industry continues to attract more and more big names.
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Investment, community and patience – a Cardano story
One of the most important questions for a long term investor is that of how to structure investments. This goes far beyond *purchasing* and is instead related to the form and placement of such investment. A simple example is a broker account with a trusted provider. They have your stock “in street name”, a position that does not dilute your ownership or rights, but suggests a certain relationship for your convenience and their benefit also.
I have the same perspective with respect to my investment in Cardano, and it also informed my decisions related to this space in terms of launching [DAWN](https://www.opendawn.com/dawn) as a personal investment vehicle. After watching crypto on the sidelines for twelve years, and actively participating in certain projects such as the [land registry in Afghanistan](https://unhabitat.org/un-habitat-oict-and-lto-network-release-first-open-source-urban-land-registry-solution-for-the), I had a pretty good idea of what I wanted to accomplish.
1. I identified Cardano as a crypto asset with long-term potential
2. I identified that key factors to success now rest on momentum as much as forthcoming technical milestones
3. I identified an inflection point as traditional investors enter adjacent to the more knowledgable and experienced crypto crowd
You will have seen me posting quite extensively on long term investment in Cardano (collected [here](https://np.reddit.com/r/opendawn/)). The decision to apply my personal resources in addition to capital in purchasing ADA is measured and purposeful. If I am interested in this space, my peers will also be taking interest, and I would like to assist in making our shared journey comfortable.
It is about choosing a community within a community, or building a community within a community, and benefiting from what it can provide. The Opendawn reddit has attracted around 50 participants in its first week, and the DAWN investment vehicle is at six delegates and counting. Small metrics in the overall picture of Cardano, but in my view a positive indicator regarding where this is going.
Crypo is very, very noisy. It is exciting and has attracted a vast array of different interests. Cutting through that, taking the fundamentals that are important to you, is a skill in investing related to wealth rather than riches. There is an adage in carpentry that applies in this field as in so many elsewhere: measure twice, cut once.
This all fed into positioning regarding the messaging for my move into this field, the choices I made with respect to a personal investment vehicle and opening it up to third parties, and what I would like to accomplish over time. You can check out the specifics of [DAWN](https://www.opendawn.com/dawn) over at the website, but the key things you should note are:
1. It is based on reputation and clarity of purpose.
2. It uses metrics from Cardano Foundation to ensure competitiveness with much larger pools.
3. It is not a pool per se, but rather a space for like-minded investors to collaborate, including in a private delegate list.
There are a few things done to both incentivize and to filter parties reviewing the investment vehicle:
1. The metrics are displayed in a manner that require visitors to read and consider them to understand the specific reasons for competitiveness (DAWN is not interested in people randomly passing through).
2. The community incentives are clearly displayed but require a certain degree of investment sophistication to appreciate (access to a private list for direct sharing makes more sense to seasoned investors).
3. The site is refined based on feedback, but with a clear stance on explanation of positioning rather than a sales pitch per se (it is purposefully slightly boring, as all investment should be).
This all equals a stance designed to encourage a community of peers. I recently conducted a poll of our community (it will be published shortly in another article), and the median investment horizon is five years, with the next largest grouping looking at ten years. These are the people I want to work with, and this is the framing I want to promote outward.
You see, I think Cardano is the first crypto solution that has a substantial and effective chance to positively disrupt a lot of spaces, including investment. I want to help build those bridges, and potentially use DAWN as a stepping stone for people in their entry.
Looking at our broader community, there are many fantastic people and fantastic pools and fantastic initiatives out there. The key is to keep the momentum going, to make growth in this space as frictionless as possible, and to use the genuine value of Cardano to dispel lingering fears regarding the ethereal viability of crypto as a whole.
If you read through this, and it made sense to you, I would love to collaborate with you. Whether it is welcoming you as a delegate, or communicating with you as a pool, or simply swapping notes as fellow investors on a shared path.
Finally, if you are a high value ADA holder and you may be interested in helping to accelerate DAWN as an entry vehicle for new investors, I would love to talk. I think we can work out a deal for mutual benefit that also serves the bridging purpose discussed above.
View Reddit by Shane-opendawn – View Source
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3 Most Infamous Cryptocurrency Hacks
Over the past few years, there have been a handful of high profile cryptocurrency hacks that deeply shook the cryptocurrency world. The…
Poor Russian Youtuber with 1.5M Subscribers Got Hacked by Scammers to Shill YouTube Crypto Scam – BE CAREFUL OUT THERE FOLKS
Poor Russian Youtuber with 1.5M Subscribers Got Hacked by Scammers to Shill YouTube Crypto Scam – BE CAREFUL OUT THERE FOLKS
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Bitcoin Falls After Analysts Warn of More Regulation
Bitcoin has taken a turn for the worse. Following news of Coinbase going public on the Nasdaq last week, the world’s number one digital currency by market cap rose to nearly $64,000 per unit, though at press time, it has knocked roughly $8,000 off its price.
Bitcoin Has Taken a Nasty Fall
At first glance, this looks like a standard correction. We have all seen instances like this in the past. When bitcoin spikes to new highs rather suddenly, it becomes obvious over a few days that the asset is not in any state to handle the larger territory. Thus, a correction occurs, and bitcoin falls to a more “comfortable” level. It has happened time and time again.
It might seem natural to assume that this time around is no different. BTC rose thanks to the Coinbase news and subsequently died down in price due to what has become a natural process, though for some, the drop is the mark of something a little more sinister. There are many analysts out there claiming that this year will see more regulators entering the bitcoin space as they work their behinds off trying to monitor and mold what appears to be a growing – and thereby threatening – industry.
This attitude of gloom and doom is stemming from the likes of executives with the World Economic Forum (EWF), which claimed that bitcoin will soon be thrust into a “dramatic” round of regulation. Sheila Warren – the WEF head of data, blockchain and digital assets – explained in a recent interview:
We’re going to see another round of pretty dramatic attempts at regulating this space… As there is more and more activity in these spaces, there is more and more demand signal for regulators to get engaged and involved.
The topic of regulation has become a rather heated discussion in recent years given that it has two contrasting sides. On the one hand, regulation is likely necessary given that the crypto space has been wrought with fraud and crime since it first rose to fruition. Events such as Mt. Gox and Coincheck and all the money that was lost as the result of these events could have potentially been avoided if proper security and rules had been in place.
Regulation Is a Mixed Bag
At the same time, regulation could potentially limit innovation. Furthermore, it also goes against the very nature of crypto, which was designed initially to give financial power back to the people. With too many legislators getting involved, people could potentially stand to lose this independence, thereby bringing the primary goals of digital assets to a halt.
While Warren is concerned that there are likely to be major changes in the space during the coming months, she is confident that the crypto industry will continue to grow and experience good fortune, and she assures traders that bitcoin has yet to reach its “peak.”
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The U.S. house of representatives passes the ‘Eliminate Barriers to Innovation Act of 2021’. The USA is joining the crypto train 🚂🚂🚂
The U.S. house of representatives passes the ‘Eliminate Barriers to Innovation Act of 2021’. The USA is joining the crypto train 
View Reddit by StudentForAllMyLife – View Source
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