DOGE

Myntfund ehf :Why Most Centralized Crypto Exchanges Fail (and How to Fix Them)

Retrieved on: 
Monday, June 19, 2023

One of the biggest hurdles centralized crypto exchanges face is regulatory difficulties, especially in the U.S.

Key Points: 
  • One of the biggest hurdles centralized crypto exchanges face is regulatory difficulties, especially in the U.S.
  • Recently, the SEC issued new guidance requiring companies to disclose their involvement with digital commodities firms, such as crypto exchanges.
  • These recent crackdowns highlight the challenges associated with centralized exchanges and hint at the possibility that the solution may lie in exploring something new altogether.
  • Many exchanges like Binance and Coinbase are part of a larger cycle of increasingly centralized control that contradicts the decentralized ethos of blockchain technology.

Huobi Joins HKVAC as First Member to Fuel Hong Kong's Ambition to be a Global Web3 Hub

Retrieved on: 
Thursday, June 1, 2023

Singapore / May 31, 2023 / Huobi announced that it became the first member of Hong Kong Virtual Asset Consortium (HKVAC).

Key Points: 
  • Singapore / May 31, 2023 / Huobi announced that it became the first member of Hong Kong Virtual Asset Consortium (HKVAC).
  • Ultimately, with Huobi Hong Kong (Huobi HK) as the pivot, Huobi is committed to supporting Hong Kong in its efforts to become a global Web3 hub.
  • HKVAC is said to be a collaboration of many crypto industry players, including exchanges, institutional investors, and Hong Kong-licensed rating agencies.
  • It will start by establishing itself as a Web3 gateway to promote the development of Web3 in Hong Kong.

BIT Mining Limited Announces Unaudited Financial Results for the First Quarter ended March 31, 2023

Retrieved on: 
Tuesday, May 30, 2023

AKRON, Ohio, May 30, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today reported its unaudited financial results for the first quarter ended March 31, 2023.

Key Points: 
  • AKRON, Ohio, May 30, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today reported its unaudited financial results for the first quarter ended March 31, 2023.
  • BIT Mining has four primary business segments covering self-mining, mining pool, data center operation and mining machine manufacturing.
  • Basic and diluted losses per American Depositary Share ("ADS")2 attributable to BIT Mining Limited for the first quarter of 2023 were US$0.46.
  • Non-GAAP basic and diluted losses per ADS2 attributable to BIT Mining Limited for the first quarter of 2023 were US$0.39.

OKX Publishes Seventh Monthly Proof of Reserves, Showing USD$10 Billion in BTC, ETH and USDT

Retrieved on: 
Monday, May 29, 2023

HONG KONG, May 29, 2023 /PRNewswire/ -- OKX , the second-largest crypto exchange by trading volume and a leading Web3 technology company, today published its seventh monthly Proof of Reserves (PoR) showing USD$10 billion in BTC, ETH and USDT.

Key Points: 
  • HONG KONG, May 29, 2023 /PRNewswire/ -- OKX , the second-largest crypto exchange by trading volume and a leading Web3 technology company, today published its seventh monthly Proof of Reserves (PoR) showing USD$10 billion in BTC, ETH and USDT.
  • The other assets covered by OKX's PoR are: USDC, XRP, DOGE, SOL, OKB, APT, DASH, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX and UNI.
  • Our pledge to users is to further improve our PoR system and streamline our use of zero-knowledge technology.
  • OKX also will continue to publish its PoR on a monthly basis.

Flash News: OKX Adds DOGE, BLUR and ADA to Dual Investment, Lists Love Hate Inu Spot Trading Pair

Retrieved on: 
Friday, May 19, 2023

OKX has announced the addition of three new tokens to its Dual Investment ecosystem.

Key Points: 
  • OKX has announced the addition of three new tokens to its Dual Investment ecosystem.
  • The new tokens include DOGE, BLUR and ADA, and they bring more opportunities for users to engage with the platform and choose from a wider range of Dual Investment options.
  • Dual Investment is an advanced product that allows users to potentially maximize their profits by choosing a major crypto pair to trade, such as BTC - USDT.
  • OKX is proud to announce that it has listed Love Hate Inu (LHINU) on its spot market.

Smudge Meme Coin announces the launch, takes the crypto market by storm

Retrieved on: 
Monday, May 15, 2023

Based on the grumpy cat meme from “The real housewives of Beverly Hills”, Smudge, the $SMUD meme coin is claiming to soon overthrow $PEPE from its freshly acquired crypto meme pedestal.

Key Points: 
  • Based on the grumpy cat meme from “The real housewives of Beverly Hills”, Smudge, the $SMUD meme coin is claiming to soon overthrow $PEPE from its freshly acquired crypto meme pedestal.
  • A project has successfully joined $PEPE in the meme coin trend and claimed to be the main meme with over 11 million created memes and, thus the superior meme coin.
  • Smudge's goal is to take liquidity from the other meme coins, hence proving its superiority to the existing meme-based crypto projects.
  • We hope that this qualifies for a decent run, though of course meme coin market bloom is a temporary phenomenon”.

KuCoin Pool Introduces Litecoin and Dogecoin Mining Services with Zero-Fee Promotion and an Exclusive AMA Event

Retrieved on: 
Monday, May 15, 2023

KuCoin Pool, a leading global cryptocurrency mining platform, has announced the launch of Litecoin (LTC) and Dogecoin (DOGE) joint mining pool services.

Key Points: 
  • KuCoin Pool, a leading global cryptocurrency mining platform, has announced the launch of Litecoin (LTC) and Dogecoin (DOGE) joint mining pool services.
  • Jolie Du, Head of KuCoin Pool, said: "We are excited to launch our LTC and DOGE mining pool services and help miners navigate the post-halving landscape.
  • To celebrate the launch of its LTC and DOGE mining pool services, KuCoin Pool is offering a first-month zero-fee promotion for LTC and DOGE mining from May 16th to June 16th, as well as hosting an AMA (Ask Me Anything) event with a 350 USDT prize pool on May 16th.
  • During the event, participants will have the opportunity to ask questions and learn more about KuCoin Pool's LTC and DOGE mining services.

BIT Mining Limited Announces the Next Generation of Litecoin/Dogecoin Mining: LD4

Retrieved on: 
Monday, May 1, 2023

AKRON, Ohio, May 1, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today announced the launch of the latest generation of its popular Dogecoin ("DOGE") / Litecoin ("LTC") mining machine, model LD4 ("LD4").

Key Points: 
  • AKRON, Ohio, May 1, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today announced the launch of the latest generation of its popular Dogecoin ("DOGE") / Litecoin ("LTC") mining machine, model LD4 ("LD4").
  • LD4 is the third ASIC mining machine developed by the Company since its acquisition of mining hardware manufacturer Bee Computing in 2022.
  • This breakthrough in mining efficiency makes LD4 the best machine available on the market for both Litecoin and Dogecoin.
  • The sophistication of our new model LD4 mining machine is currently unmatched in our industry.

OKX Introduces zk-STARK Technology to Proof of Reserves, Monthly Snapshot Shows USD10.4 bln in BTC, ETH and USDT

Retrieved on: 
Friday, April 28, 2023

The latest PoR report showed USD10.4 billion in Bitcoin, Ethereum and USDT, a 39% increase since January 2023.

Key Points: 
  • The latest PoR report showed USD10.4 billion in Bitcoin, Ethereum and USDT, a 39% increase since January 2023.
  • For the first time, 18 additional crypto assets are available for the public to verify, bringing the total to 21.
  • First, users can find their balance in the tree and prove their assets are held in the total OKX balance.
  • Second, the total OKX balance is compared to the publicized OKX on-chain wallet balance to determine Proof of Reserves.

Bitget Celebrates Dogeday

Retrieved on: 
Thursday, April 20, 2023

The day is called Dogeday, but Dogecoin does not have any actual milestones related to this day.

Key Points: 
  • The day is called Dogeday, but Dogecoin does not have any actual milestones related to this day.
  • While Dogeday is not an officially recognized holiday, social media platforms are usually inundated with memes, messages, and videos bearing the hashtags #Dogeday and #DogeDay420 on April 20th, as enthusiasts take to the internet to celebrate.
  • Whether you're a cryptocurrency enthusiast or not, Dogeday is a time to relax, not take things seriously, and have some fun together.
  • For Dogeday 2023, Bitget will celebrate the day by hosting a meme creation campaign, and the winners will be rewarded a total of $500 worth of DOGE!