Aurelia Butler

Some of the limitations of crypto include:As a result, this asset is still subject to central government policies. GryffinDAO carefully observes these trends and proposes to provide a lasting solution in the crypto world.GryffinDAO is borne out of necessity to solve some limitations of the existing crypto project. GryffinDAO aims to create a deflationary rebase ecosystem with the GDAO as its native token.This project strives to maintain the value of crypto by keeping its price steady or making it appreciate over time. This project will adopt some technological model to achieve an ecosystem that satisfies the basic needs of its users.GryffinDAO will be established on the Binance Smart chain, which guarantees a fast and secured transaction at a cheaper fee.Furthermore, GryffinDAO will adopt world-class technology that will facilitate an effective platform. The platform will ensure all holders of its token have the authority to decide on policies that will lead to the development of the ecosystem.GryffinDAO ServicesGryffinDAO Token (GDAO)
The native token of the GryffinDAO ecosystem is known as GDAO, providing several utilities to its users. Holders can sell it on any exchange, hold it as an investment or use it to purchase NFTs on the platform.This token can also be used to vote on decisions within the GryffinDAO ecosystem. Some portion of the token will be used to fulfill some responsibilities like future initiatives and marketing.Cosmos Token (ATOM)
Cosmos is a Blockchain project that aims to link various blockchain networks together to facilitate data sharing and interoperability. ATOM is the utility token of this blockchain network, which holders can stake and earn rewards.The most active stakers will have the privilege of becoming a validator and also the right to vote on policies. Also, Cosmos adopt a proof-of-stake protocol, allowing stakers to earn more rewards from the network’s block and transaction fees.Filecoin Token (FIL)
Protocol Labs created Filecoin, a peer-to-peer decentralized network ledger that allows users to store their information. This project leverages decentralization’s power, making it resistant to censorship or hacking.This platform uses a native token known as FIL, based on the Filecoin network. The token allows users to participate in peer-to-peer transactions and create storage vaults or retrieval nodes.Filecoin architecture operates as a dual node network that includes; the storage node and retrieval node. The storage node stores information on the network, while the retrieval node gets information for users upon request. Also, the fastest retrieval nodes will be rewarded.However, GryffinDAO outclassed these two projects with its fascinating features that include:Learn more:PresaleWebsiteContinue reading on DailyCoin More

Cryptocurrency analytics firm Glassnode has released the latest data on USDC metrics, reflecting a recent sell-off of the second biggest U.S. dollar-backed stablecoin by market capitalization.Continue Reading on Coin Telegraph More

Vasil is Now Better than EverOn Friday, Adam Dean called on Charles Hoskinson to deploy the tooling needed for a disaster recovery plan as nodes 1.35.2 and 1.35.3 were out of sync after a bug had “catastrophically broken” the latter. The report was ill-received by the operators of stake pools on Cardano, who said Hoskinson was rushing the process of the hard fork. Defending himself, the Cardano founder reported that the code causing the problems had been removed.The Cardano ecosystem developer has also changed his earlier stance, now saying that they were “building together”, and the Cardano testnet is now “better than ever.” Dean tweeted:The issues between the operators of stake pools on Cardano and Charles Hoskinson appear to be settled after it was reported that the bugs identified in the testnet have been fixed.Confirming Adam Dean’s claims, The Ancient Krakenx, the popular Plutus developer and Cardano Logic stake pool operator, has confirmed that Cardano nodes 1.34.1 and 1.35.3 have been normalized and work in line with the smart contracts. He wrote on Twitter:On the FlipsideWhy You Should CareWith the bugs in the testnet addressed, the Cardano development team can prepare for its long-over-due Vasil hard fork on the mainnet.Get insight into the cause of the Cardano testnet issue in:Top Cardano Developer Says Testnet Is “Catastrophically Broken” Due To BugRead out Cardano (ADA) price prediction below:Is It Time to Pay Attention to Uniglo (GLO), Avalanche (AVAX), Cardano (ADA) And Fantom (FTM)?Continue reading on DailyCoin More

In a blog post from Aug. 21, a group of IMF economists shared their concerns over the dynamics of Asian markets, where the integration of crypto in the larger financial system appears to be growing swiftly. This poses certain risks to financial stability, the economists stated, adding: Continue Reading on Coin Telegraph More

The 7th largest crypto with more than a $16.5 billion market cap, started the new week with a 4.2% fall to $0.3334 on Monday, August 22nd. It is the third time that XRP has tested the same price levels since it went into a sharp nosedive last Friday, August 19th.
The price of Ripple (XRP) went into a freefall on Friday, losing nearly 10% of its value in a few hours following the broader crypto market sell-off, triggered by the Bitcoin (BTC) price breaking the $22K support level.The current price drop brought XRP back to the correction zone to similar levels it was a month ago. XRP has been rallying since July 27th, reaching its price peak of $0.4056 on July 30th and lingering between the $0.37 and $0.38 price range since then.Whale Transactions SpikedPrior to the XRP price drop, crypto market analysis firm Santiment reported the “notable whale activity” on the XRP network. According to its metrics, the number of XRP transactions above $100K has spiked and the optimistic sentiment reached its highest levels since April.Ripple itself was one of the catalysts behind several major transactions. The company was spotted transferring 50 Million XRP (worth $18,8 million) to its wallet, used for converting XRPs into fiat last week.The move might be associated with the company’s Latin American and Asia-Pacific expansion plans. Last week Ripple announced the launch of its XRP-based On-Demand Liquidity (ODL) service in partnership with Brazil’s Travelex bank. The move is expected to enable XRP transfers in the world’s seventh most populous country, where the legislative framework for crypto regulation is on the go. Accordingly, the company unveiled its plans for Japan-Thailand remittance services with SBI Remit. Following the partnership, Japan’s largest money transfer provider SBI Remit is set to allow instant money transfers between both countries by using the XRP network.Japan is one of the biggest Asian markets for XRP users. Its regulatory body, the Financial Services Agency (FSA), declared last year that Ripple (XRP) does not fall under the definition of a security under Japanese law.The company is also exploring the possibility to acquire bankrupt crypto lending firm Celsius Network LLC. If Ripple Labs succeeds in purchasing Celsius, this could mark the first significant deal for the company in years.On the FlipsideWhy You Should CareThe growing number of financial institutions and liquidity providers worldwide tend to settle their finances on XRP. The price of the seventh biggest crypto by market cap is currently 90% down from its all-time high of $3.40.Check out more about Ripple’s interest in Celsius:Ripple Eyes Celsius: Preparing for Its First Major Deal?Read about XRP holders’ class action lawsuit against SEC:SEC vs Ripple: Hundreds of XRP Holders Join Class Action LawsuitContinue reading on DailyCoin More