Aside from the bugs and developer's incompetence. I dont think we should shift the blame on them alone. There is also some problem on the side of investors. They just keep jumping off any defi projects that they will saw without much any knowledge on the tech and its function. Im sure 2 of these defi projects have been bought by fomo squads. Definitely when they already on rekt mode, they will spat scam on these. Typical but thats how the cycle rolls and curve will likely be a hot token for being listed on Binance.

There is no perfect on any innovations. You can say this is the cons of a larger blockchain that is likely congested or been overused. Just most likely suggested avoid making any transaction at the moment if its not that important cause you only will be dissapointed with fees on eth and even bitcoin.

But when Ive used my exchange wallet to transfer fund the fee is not that high. Maybe it was because the wallet is a segwit. For eth, Im not sure maybe on the wallet you are using some wallet have high fees but if you used normal mew with an option to change gwei values then its better than dApps automatically applied huge network fees.

This is a petty reason actually. Suddenly the CEO gone and the money is with him making the exchange crippled. I dont buy it, since its so easy to say/act on this kind of babble.

I remember this project also called MiracleTele, only the difference is their CEO resigned making the project employees followed.

Lesson learned. If you heard unrealistic reason then get your funds out immediately meaning the exchange or project is gonna do an exit scam.

Not sure how to verify it. But probably if we did some transaction we can see from the explorer if the funds  have been directed to/on another exchange.

There are some wallets that able to add exchange feature. Since we can retrieved back up phrase for this, somehow I believe its partly called a wallet but you are right the function works like an exchangw but technical term appropriate is dApp.

If you connect metamask like most dApps, you can used to exchange it but interesting question since we are gonna used a hardwallet for transaction. As of now, only ledger is the only hardwallet I can see supported.

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Will try soon to get more clarity on this.

Ive just stumbled upon this wallet due to the ICO I am following since they will integrate their blockchain into this wallet once their mainnet is live.

It is called JellySwap its a crosschain atomic swap type of wallet. Now Ive never know any decentralized non custodial wallet that integrates crosschain dApps aside from this. But I found it very interesting and its an open source. [1]^Github.


Now upon checking on it.

They are now supporting 6 different coins/tokens at the moment on their [2]^{dapp wallet}.

1. Bitcoin
2. Ethereum
3. Aeternity
4. Wrapped Bitcoin
5. DAI
6. USDC

Now you can connect your wallet or create an account. They currently supported for bitcoin are brainwallet and Ledger while for the ethereum and non bitcoin coin/tokens you can used metamask, torus and connectwallet. Ive checked the details on this [3]^article.

Now well regards to feedback not so sure how many users does this wallet had already. But I appreciate if some of you here can give your thoughts on this.

Disclaimer: Not affiliated with this wallet. Just amazed by the crosschain accesibility between bitcoin and none bitcoin blockchains. Usually I normally find third party wallet with eth to erc20 only.

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[1] https://github.com/jelly-swap
[2] https://app.jelly.market/swap/
[3] https://defiprime.com/jellyswap

Currently I benefited from the first three you mentioned but never yet on the services. Im really look up to those who are having their services here like signature codes, logo, design, ann thread creation, even art services and many more.

Isnt signature campaign considered as type of bounty campaign? No offense, I beg to disagree with you. Im doing campaign too, but I assure you Im not wasting anytime, maybe its true for some projects. But it depends on the project you pick and searched. I can say that because I did earned from it in the past and even now.

Having skill is one factor and a solid asset of a user but I think using that could benefited us on some campaign that are worth too. Anyway, just my opinion.

Crypto News Summary - August 12

General News:
Grayscale tells SEC its Bitcointrust rose $1.6b over six months.
IBM executive reveals plans to help banks capitalize on DeFi.
Hong Kong’s Greater Bay area to launch China’s Digital Yuan.

Coin Specific News:
Deposits in ‘monetary experiment’ meme token YAM break $460m.
Numeraire (NMR) is launching on Coinbase Pro on August 17.
DeFi token Serum
surges 1500% in 12 hours after listing.
Ripple partner Flare to launch a new crypto asset for XRP holders.
Compound rallies 35% following YAM farming launch.

Exchanges:
Binance Futures launch MKR USDT-margined perpetual contract with up to 50x leverage.

Cool tech fact:
In 1986, The Legend of Zelda became the first console game that allowed you to save your progress

Quote of the day:
“Losers quit when they fail. Winners fail until they succeed.” –Robert T. Kiyosaki

🔹 Brought to you by GainsANN

See? Im glad that you feel movtivated on my response. Your already a full rank member Congratulations OP.  I think this your third poem right? I do hope most newbies will do what you can achieved here on their own ways. It took you awhile to go rank but it doesnt matter its never been the point of what youre doing right? Now you can wear cool avatar. Maybe you can put up some avatar that depicts your poem.

Just move it up OP to BH section like your other poems. Its suited there in my opinion.

The news on the 11m USD dollar isnt shocking as unsiwap can easily raised the mentioned fund. What Im excited is the integration of the cross-chain platform throughout the entire blcockhain networks. But this will be a huge task. But knowing uniswap probably they can pulled of its development. Imagine the traffic it brought to the ethereum network, and even the hike of gas fee. Im sure this will be lessen once all blockchain is working already on a single hub.

OP isnt part of Uniswap and I believe this thread is perfectly fine here. Im not sure if there is or none announcement thread yet of uniswap here but if none. They are the one should be posting it unless OP is tapped to do the official post for uniswap.

I remember when my profile are all consist of those reports. It took me a while to realize the forum greatness. I think its too early to judge bounty and airdrop hunters cause I see myself with them before.

Some could actually changed but Im not expecting all of them would realize that. Since he is still a newbie, Im not gonna judge him so easily but instead teach him the proper while it still early.

Is it worth it to report the spammers on that thread individually since the OP is a spam thread I think what you suggest is fine already since the mods will likely check the consecutive response even without any reports on the succedding replies right?

Or typically they just focus only on the reported post that reflect on their system?

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By the way nice catch OP help the forum by reporting this kind of posts. Make it a habit to report every now and then any spam post that you will see. Good job!

Thats the idea of using SL. We have the same tactics and I believe mostly traders are doing so. Once the entry price exceed far you can set the stop loss above this price and its already guaranteed you no loss ( but of course you will bear some fee though). Ive always activate it when I am already at peace with the current movement.

But of course you dont want to lose some chance when your SL has been hit due to minor tick of the market then go up again. It happened to me so many times, I save my position above my entry price and seeing it was hit for a little drop closing my position then gaining again. Thats one thing youve missed maybe a little additional risk is necessary stay on the leverage.

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But for some rush hour( market drop and surge fast) you cant aniticipate this and will have no chance to set up a good SL either cut loss or chasing zero losses.

Investment is really risky. I could say that altcoins has a pros and cons and newbies who follow other's game usually end up losing.

We all knew that bitcoin has more chance of staying alive over the next few years. But an investor would likely to risk for some profits. Altcoin projects is really a wide range of selection and the moment you stepped on a trap then your money will be gone. But people knows what their doing get rewarded fairly by doing a good homework on these altcoins.

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I suggest instead of betting luck on some altcoins that you are not confident to invest with. Why not learn the concept of trading which could extend your knowledge about market approach than simply risking on shitcoins.

In my country. People losing the sole faith on government due to the rubbish decision that has made for the past few months due to covid19 situation. But as far as I can see the reason people are withdrawing their money is for the necessities that needed to purchase. I cant say losing my interest on banks as I still have 60% of my funds locked out there.

Most response here have the same sentiment about it. Im curious if there is an actual survey per country if we could gathered an accurate result for a question like "Do you like centralized bank or new trend of decentralized crypto"? Maybe we can still have a score of 70% favor of banks cause people will never drop a long time tradition on using financial institution like banks.

Congratulations bitmover another milestone achievement for you.

So youre in favor of having a new rank next to legendary. I think Mythical would be sound great like in Mobile legend.

Hello if you read few post above you I think Im sure, I did posted it.


Yeah they have their community hub program. Its still running and their product exchange for avax erc20 token to avax native token is really have a good value. They dont launched any campaign here but I believe 1miau shared this to the bounty section.

Plenty of time to join their program its not a typical campaign but a really good way to earn avax tokens. But do hope they launch a bounty here also, maybe in the future.

Crypto News Summary - August 11

General News:
Russia’s new crypto analytics system to track Dash and Monero.
Facebook unveiled a new group to pursue payments and commerce opportunities.
China’s national blockchain network launched new global portal.

Coin Specific News:
Bitcoin price holds strong above $11,500.
Stafi Protocol will start StakingDrops for Matic, Harmony  and Kava on August 12, 19:00 (UTC+8).
Cypherium announced plan to have a public sale in August this year.
Binance-backed SXP jumps 25% on new products launch.

Exchanges:
DEX protocol Uniswap added nearly 58,000 users in July.
European agency declines deal between Binance's CZ and Union Bank.
Binance list Serum  as of August 11th
Decentralized exchange 1inch has closed $2.8M USD private fund.

Cool tech fact:
Warren Buffett said in an interview in 2014 that he thinks Bitcoin was nothing more than a “mirage” and just a way to transfer money

Quote of the day:
‘Competing at the highest level is not about winning. It’s about preparation, courage, understanding, nurturing your people, and heart. Winning is the result.” – Joe Torre

🔹 Brought to you by GainsANN

Thats enticing bonus but not really good approach as marketing.

One thing about legit project is their ability to communicate. The inquiry is not hard to answer but given they are just created an ANN for publicity is merely a display or method to market their project. This is too shallow, that would definitely not gonna work on scam busters here.

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Ive searched its domain it seems that it is from Malaysia.

Domain Info:

Actually not sure yet what is the idea of OP since he never leave any clue or hint. But since vod offered to give some feedback on OP maybe its better if OP will contact some expert first via pm rather than creating any topic to any section deemed appropriate. But you are right, that section is purely for bitcoin development. Just happened to see a lot of new ideas thread discuss with mixed of bitcoin and other altcoins. Like for example an exchange or trading services package that still exist there. (Or maybe mods not yet seeing those thread to take action,not sure.)