Crypocto

[Calex12]

Bitcoin hashrate reaches new all-time high

On September 11, the hashrate of the Bitcoin network reached 281.79 Eh/s. This all-time high shows an increasing  interest from a wide audience. Because of this, the halving date has been pushed back to Q4 2023.

New highs confirm the statistics. The graph shows that since June the hashrate trend in the network has been growing rapidly, albeit with small “drawdowns”.

At the same time, this also aligns with the conclusions of the previous report that BTC miner revenues rose by 10% in August. The decline in the “farm” is coming to naught, with an increasing number of participants returning to processing blocks.

Looking for best times for mining. Thanks to PoS algorithm Ethereum is almost dead. Hoping new generations of ASIC will give for Btc a new breath

I had read a Dubai based mining firm were switching to Bitcoin mining using GPU because they'll still make some money. Another crypto site mentioned (probably in hopeful earnest) that mining will switch to the smaller coins, which will in turn inflate their value and hence mining interest.

Apparently the global Ethereum mining was equivalent to the Netherlands power consumption but that has been effectively reduced by more than 99%.

Hopefully this will do something to address the fact that over the past several years, Nvidia has been acting like we need them more than they need us, though I personally doubt it. I would also like to think that it'd have a substantive effect on the pricing of videocards, especially the soon to be released ones, since the market has just contracted substantially...but the "free market" never seems to behave like we're told it should when that behavior would benefit consumers. How much you want to bet that the 4090 MSRP is larger than that of the 3090?

[bmwister]

Mastercard will simplify banks' operations with cryptocurrencies

International payment giant Mastercard is launching a new program to work with banks. It will accelerate and facilitate operations with cryptocurrencies.
Mastercard will act as an intermediary between Paxos (a well-known crypto-provider) and banks. The company will reportedly oversee security and regulatory compliance.

"There are a lot of customers who are interested in crypto. But to be more confident, they want such services to be offered by financial institutions," explains Mastercard's director of digital technology, Jorn Lambert.

He added that Mastercard's role is very simple. They will be intermediaries and will leave banks their main job: to control and check clients' transactions, prevent money laundering, etc. Mastercard plans to launch the new product in the first quarter of 2023 within one region. And if it will be successful, the service will appear all over the world. The company did not say which banks will participate in this project.

Interestingly, bitcoin was invented to break the monopoly of banks and intermediaries (including Mastercard). Blockchain technology makes it possible to transfer money without intermediaries and with minimal fees. Lambert also said:

"Cryptocurrency is on the cusp of the mainstream. But for now, it needs to merge with existing players. Without intermediaries from trusted companies, digital currencies will not achieve mass adoption"

[bmwister]

You can find Cryptocto on Exchagesumo!

For many years, Exchagesumo has been helping users find reliable resources and the most profitable currency pairs. On their platform, you can find ratings of the best online e-money and cryptocurrency exchanges.

Our Cryptocto exchanger is now also in the TOP of the best and most reliable representatives of this market, and regularly occupies a leading position in ratings for a variety of exchange pairs. Come and check for yourself!

[Calex12]

Mastercard will simplify banks' operations with cryptocurrencies

International payment giant Mastercard is launching a new program to work with banks. It will accelerate and facilitate operations with cryptocurrencies.
Mastercard will act as an intermediary between Paxos (a well-known crypto-provider) and banks. The company will reportedly oversee security and regulatory compliance.

"There are a lot of customers who are interested in crypto. But to be more confident, they want such services to be offered by financial institutions," explains Mastercard's director of digital technology, Jorn Lambert.

He added that Mastercard's role is very simple. They will be intermediaries and will leave banks their main job: to control and check clients' transactions, prevent money laundering, etc. Mastercard plans to launch the new product in the first quarter of 2023 within one region. And if it will be successful, the service will appear all over the world. The company did not say which banks will participate in this project.

Interestingly, bitcoin was invented to break the monopoly of banks and intermediaries (including Mastercard). Blockchain technology makes it possible to transfer money without intermediaries and with minimal fees. Lambert also said:

"Cryptocurrency is on the cusp of the mainstream. But for now, it needs to merge with existing players. Without intermediaries from trusted companies, digital currencies will not achieve mass adoption"

It’s hard to believe that the crypto industry will truly go mainstream without embracing the financial industry as we know it

[bmwister]

Greet the new coin on our exchanger - Monero

The list of cryptocurrencies in the Cryptocto continues to expand. We have added a new cryptocurrency that you can buy or sell - Monero (XMR). It is very popular and we are sure that many were looking forward to it.

Right now on our site you will find 18 cryptocurrency pairs with Monero, including Bitcoin, Ethereum, Tether USD, etc. Exchange fees are included in the exchange rate, so you don't have to calculate them separately.

[Tenystr]

Greet the new coin on our exchanger - Monero

The list of cryptocurrencies in the Cryptocto continues to expand. We have added a new cryptocurrency that you can buy or sell - Monero (XMR). It is very popular and we are sure that many were looking forward to it.

Right now on our site you will find 18 cryptocurrency pairs with Monero, including Bitcoin, Ethereum, Tether USD, etc. Exchange fees are included in the exchange rate, so you don't have to calculate them separately.

Glad that money is still becoming more noticeable in crypto sphere.. XMR (Monero)is the ONLY real Bitcoin that had ever existed today thanks to Bitcoin, monero fixed the one factor Bitcoin had only missed. You’re money should only be yours to do with however you like without anybody else being able to view you’re transactions and holdings. This is the final solution of how money will finally be valuable-since 1971 abolishing of the gold standard. 50 years of worthless money is now fully completed with this privacy token.

[JeromeTash]

Glad that money is still becoming more noticeable in crypto sphere.. XMR (Monero)is the ONLY real Bitcoin that had ever existed

It's ironic that you have to talk about XMR without ignoring Bitcoin. This gets show which one is "real" and which other one was a copycat or was inspired by the other one

today thanks to Bitcoin, monero fixed the one factor Bitcoin had only missed.

Start by reading the white paper, maybe you will understand the main purpose of Bitcoin

You’re money should only be yours to do with however you like without anybody else being able to view you’re transactions and holdings. This is the final solution of how money will finally be valuable-since 1971 abolishing of the gold standard. 50 years of worthless money is now fully completed with this privacy token.

Says someone who still uses fiat.

[Tenystr]

It's ironic that you have to talk about XMR without ignoring Bitcoin. This gets show which one is "real" and which other one was a copycat or was inspired by the other one

Im not pretending on the veracity of my claims, it better be called my observational opinion

Start by reading the white paper, maybe you will understand the main purpose of Bitcoin

Im too old for trying to figure it out in a such a proper way, but still grateful for Yours attempts

[Tenystr]

Greet the new coin on our exchanger - Monero

The list of cryptocurrencies in the Cryptocto continues to expand. We have added a new cryptocurrency that you can buy or sell - Monero (XMR). It is very popular and we are sure that many were looking forward to it.

Right now on our site you will find 18 cryptocurrency pairs with Monero, including Bitcoin, Ethereum, Tether USD, etc. Exchange fees are included in the exchange rate, so you don't have to calculate them separately.

Glad that money is still becoming more noticeable in crypto sphere.. XMR (Monero)is the ONLY real Bitcoin that had ever existed today thanks to Bitcoin, monero fixed the one factor Bitcoin had only missed. You’re money should only be yours to do with however you like without anybody else being able to view you’re transactions and holdings. This is the final solution of how money will finally be valuable-since 1971 abolishing of the gold standard. 50 years of worthless money is now fully completed with this privacy token.

Here are my summaries. xmrbtc is now at its lowest level in years, while all other indicators have risen. Hashrate, number of nodes, number of transactions per day, usage rating, number of projects that accept Monero, development of technology in general. The atomic swap from comit-network was developed and integrated, the Haveno decentralized exchange was made. And with all this, according to the datamish com website, there are 2 times more shorts on the coin than longs. The coin has a huge fanbase, most agreeing that they are trying to regulate the coin, not only with speculation, but also with some FUD. Also, during the May fall of bitcoin, many exchanges decided to temporarily ban the withdrawal of this coin without explanation. It was simply suffocated.

[bmwister]

Cryptocto on BestChange!

Now you can find us on BestChange - the leader among cryptocurrency exchange monitorings. It is created for those who want to securely exchange electronic money on the Internet with minimal commission. The main thing that BestChange guarantees to its customers is the security of transactions at the exchangers presented on it.

Our Cryptocto exchanger is also in the ranking of the best and most reliable representatives of this market and now you can find us in the top for a variety of currency pairs. See you at the listings!

[Ndrisock]

Greet the new coin on our exchanger - Monero

The list of cryptocurrencies in the Cryptocto continues to expand. We have added a new cryptocurrency that you can buy or sell - Monero (XMR). It is very popular and we are sure that many were looking forward to it.

Right now on our site you will find 18 cryptocurrency pairs with Monero, including Bitcoin, Ethereum, Tether USD, etc. Exchange fees are included in the exchange rate, so you don't have to calculate them separately.

Glad that money is still becoming more noticeable in crypto sphere.. XMR (Monero)is the ONLY real Bitcoin that had ever existed today thanks to Bitcoin, monero fixed the one factor Bitcoin had only missed. You’re money should only be yours to do with however you like without anybody else being able to view you’re transactions and holdings. This is the final solution of how money will finally be valuable-since 1971 abolishing of the gold standard. 50 years of worthless money is now fully completed with this privacy token.

Here are my summaries. xmrbtc is now at its lowest level in years, while all other indicators have risen. Hashrate, number of nodes, number of transactions per day, usage rating, number of projects that accept Monero, development of technology in general. The atomic swap from comit-network was developed and integrated, the Haveno decentralized exchange was made. And with all this, according to the datamish com website, there are 2 times more shorts on the coin than longs. The coin has a huge fanbase, most agreeing that they are trying to regulate the coin, not only with speculation, but also with some FUD. Also, during the May fall of bitcoin, many exchanges decided to temporarily ban the withdrawal of this coin without explanation. It was simply suffocated.

the least volatile coin, seems the Colombian barons keep the course

[bmwister]

Binance Labs invest about $4.5M in Ambit Finance to develop DeFi

Binance Labs, the venture arm of Binance, has invested up to $4.5 million in Ambit Finance, a DApp that uses new financial products to add value to BUSD and crypto assets.

Binance Labs and Ambit will collaborate to launch future DeFi applications with a focus on security and risk control. They will also collaborate with projects in the BNB Chain ecosystem.

Ambit will create a stablecoin that will generate income based on BUSD. It is designed to provide profit under any market conditions.
The project roadmap also includes the creation of a DeFi Superapp containing features such as secured lending, secured margin lending, and structured products for financial institutions. Ambit will strive to provide the most unique experience in all of Web3 and become the hub of DeFi activity.

Binance Labs CEO I He commented, “Binance Labs is always willing to invest in and develop promising DeFi projects. We hope there are solutions that can contribute to build a robust DeFi industry even in a turbulent market.”

[Serafim4]

The UAE Ministry of Economy will open an office in the metaverse

UAE Minister of Economy Abdullah bin Tuk Al Marri said that the UAE Ministry of Economy will soon open office in the metaverse. It will provide a full range of services, including bilateral agreements with authorities and businesses.
The announcement was made at the first Dubai Metaverse Assembly. The conference was held in the UAE on 28 September.

This is how the minister commented on the new project: “This is not a concept. We're talking about a full-fledged third office."

In Dubai and Abu Dhabi, the department already has two representative offices. In terms of functionality, the new office is no different from their previous one. With the help of this institution, visitors will be able to get advice, sign legally binding papers and negotiate. As Al Marri said this is the "third address" of the agency.

In his opinion, this is not only a "curtsey" in favor of new technologies, but also a real step towards simplifying diplomatic relations. Now you do not need to travel to the UAE for the sake of small agreements.

I sincerely hope that such moves wont lead binance to FTX results

[Manseymond]

Bitcoin hashrate reaches new all-time high

On September 11, the hashrate of the Bitcoin network reached 281.79 Eh/s. This all-time high shows an increasing  interest from a wide audience. Because of this, the halving date has been pushed back to Q4 2023.

New highs confirm the statistics. The graph shows that since June the hashrate trend in the network has been growing rapidly, albeit with small “drawdowns”.

At the same time, this also aligns with the conclusions of the previous report that BTC miner revenues rose by 10% in August. The decline in the “farm” is coming to naught, with an increasing number of participants returning to processing blocks.

Looking for best times for mining. Thanks to PoS algorithm Ethereum is almost dead. Hoping new generations of ASIC will give for Btc a new breath

if we want to support the industry, then we do not need such a "mass adoption". through it we pump up the market with new people. we were given a life raft, not even a lifeboat, but we want to dismantle most of it and let it go to the fire in order to prove to someone in the darkness of the crisis that "we can do it beautifully." Yes, we can, but then we still have to swim for a long time, and on the stump it will be much more difficult, if feasible at all.

[bmwister]

Cryptocto launches a contest!

Every Friday, the Cryptocto service will draw cash prizes. For reviewing us on BestChange, you get the opportunity to win a prize, which will be transferred to your USDT wallet. Every Friday at 15:00 we restart the contest, and until 18:00 we publish the results of the drawing of the entire amount accumulated over the week in our Telegram channel.

Draw conditions:
1. You need to exchange funds on our website crypocto.com
2. On the day of the exchange, leave a review about the work of our service on BestChange, indicating the number of the exchange in the message.
3. Only real numbers of exchange operations on our service participate in the drawing.
4. Go to your mail, open the letter from BestChange and activate the review by clicking on the link.
5. Subscribe to our Telegram channel.


How will the winner be chosen?

The feedback of each contestant adds 0.1 USDT to the final prize. The more reviews, the bigger the winnings! Every week, with the help of Google Authenticator, we select 1 winning review, which will take all the "contents" of the checkout - the amount that will be collected in a week.

1 exchange + 1 review = 1 ticket. More tickets, more chances to win!

[SFR10]

with the help of Google Authenticator, we select 1 winning review,

I'm curious to know how you'd be able to achieve this on GA...

1 exchange + 1 review = 1 ticket. More tickets, more chances to win!

AFAIK, if a certain individual does it on more than one occasion, all of the succeeding/subsequent reviews would fall under the category of reviews that aren't allowed by BestChange:

• Why was my review deleted?
  
  Administration of exchange rate monitoring service has a right to delete reviews that:
  duplicate the user's other reviews;
  ~Snipped~
  are written by the user with a view or receiving financial or other benefits.

[bmwister]

Fixed and Floating rate, what is the difference?

For the convenience of our users, we at Crypocto offer two types of exchange rate when making exchange requests: fixed and floating. What do these mean?

Fixed rate

In this case you fix the rate you want to use when you submit your order. The amount to be received remains fixed; if the rate changes by more than the selected percentage before all the necessary approvals are received in the blockchain, you will be able to refund the money or continue the exchange at the floating rate.

Floating rate

If you choose a floating rate, it is only finally set after the transaction receives the required number of confirmations on the blockchain.

Example:

You make a request to exchange BTC for ETH. If you choose a fixed rate, you will receive exactly the amount of ETH you specified when you created the order, or you will receive a notice that the rate has changed and decide what to do next.

If you choose a floating rate, then the total amount may be a little lower or higher than the initial amount, depending on the situation on the exchanges.

So which rate is better to choose?

It all depends on your preferences: if you want to get a fixed amount upon execution of the exchange - then choose a fixed rate. If you just want to exchange your coins with minimal commission - then choose floating.

In any case, the Crypocto support team is always happy to help. We will ensure the most profitable and fastest exchange of fiat and cryptocurrencies.

[bmwister]

India: G20 members must show unity on cryptocurrency regulation

The G20 bloc is meeting in Bangalore from 13 to 15 December. India is chairing the summit. One of the key issues of the convocation is the regulation of cryptocurrencies.

India's Federal Secretary for Economic Affairs Ajay Seth stressed that the main task of the summit participants is to find consensus on cryptocurrencies. He believes that this will require an examination of not only monetary policy specifics but also the impact of cryptocurrencies on the economies of particular countries.

"The regulations have to come from a certain political point of view. One of the priorities of the meeting is to help countries develop a common regulatory approach to regulating cryptocurrencies," Seth stressed.

Determining the 'tone' of the rules on digital assets will unify the requirements and avoid loss of control due to leakage of funds and companies 'escaping' abroad.

India has a less loyal stance towards cryptocurrencies compared to most other G-20 members. There have been repeated calls for a ban on CA, and in May it was equated with gambling.

[bmwister]

Binance has joined the US Chamber of Digital Commerce

Binance has joined the Chamber of Digital Commerce. It is an organisation that lobbies on crypto industry issues in the US. The move will help the exchange quieten the voices of critics accusing the firm of allegedly operating without regulation.

Here's how Binance vice president of public affairs Joanne Kubba commented on the news:

"Our company is in the midst of a rapidly evolving industry, in a complex regulatory environment. It is therefore critical for Binance to work collaboratively with regulators and policymakers. And also with industry representatives such as the Chamber of Digital Commerce. Such collaboration will be fundamental to our overall mission to develop sensible regulations for cryptocurrencies and blockchain. Ultimately, this will ensure that users are protected."

The Chamber of Digital Commerce deals with public policy issues in the crypto industry. This includes promoting tax parity for crypto assets, fair AML/KYC rules, clear regulations for security tokens, etc.

[bmwister]

Crypocto referral system!

Crypocto exchanger not only makes the cryptocurrency exchange process even more comfortable, but also helps our partners to earn By using our referral link, which is unique for each user, you can receive from 30% of income from the exchanges, which are made by the clients, attracted by you.

How to get a link and use it properly:

1. The first thing to do is to register on the platform and go to your personal account.
2. Next, you need to click on the "Referrals" section in the panel on the left.
3. After going to the "Referrals" section all the information about the referral program is available for viewing. Namely: personal link, referral percentage, number of attracted referrals, number of active referrals and bonuses (credits).
4. Also, you can specify the amount of withdrawal and the USDT TRC-20 address for withdrawal of referrals.
5. The referral exchange history will also be available in your personal client cabinet. You can count all your referrals by yourself.
6. How to use the link and the options for its distribution you can see referral system Crypocto!

You can also find a more detailed manual in our Instagram (tab "For partners"). Partners earn with us!