Archive for the ‘Crypto News’ Category

Now You Can Mine KASPA (KAS) on f2pool With 500K KAS Contest for Miners

2, Mar 2023

The f2pool has just launched its Kaspa mining pool today with a 1% PPLNS payout scheme for KAS mining and the pool is running a contest to attract miners who will be competing for 500,000 KAS in total prizes. The Kaspa (KAS) mining contest will run starting on 2022-03-02 10:00 UTC until 2022-03-12 10:00 UTC, with the Top 20 miners by daily average KAS hashrate at f2pool going to receive rewards in proportion to their hashrate contribution from a total prize pool of 500,000 KAS coins. Apparently, the contest is favouring the bigger miners and not the small home miner, so a fairer distribution of the reward among miners could be used in order to attract all kinds of KAS miners… still it is nice to see that more of the crypto ecosystem is now slowly starting to adopt KAS support.

With the recent price increase for Kaspa (KAS) going past 1 US cent and keeping it there for a while there is increased interest in the project that is still generally kind of on the sidelines for many people into crypto. It is good now that GPU miners are making profit mining KAS and it is not only Kaspa, but some other new POW project are on the positive side regarding actually making profit after you pay for the electricity used. And Kaspa, although really good already in terms of speed has even more to offer with the upcoming upgrades, so if you still haven’t checked it out you might want to dig a bit deeper on blockDAG and the GHOSTDAG protocol and what KAS has in store for the near future as well.

– To read more about the addition of Kaspa on f2pool and their 500K KAS competition…

RINO Enterprise Wallet launches free Community Edition

11, Jan 2023

RINO, an enterprise-focused Monero Wallet, has recently launched a free Community Edition that allows everyone to benefit from some of RINO’s unique features.

The lack of professional tools and custody options has been a major obstacle to the business adoption of Monero. Other digital assets and coins have long benefited from a range of highly secure custody services offered by companies such as Bitgo, Fireblocks, and Copper. The RINO team wanted to address this shortcoming and enable the next growth phase of the Monero ecosystem. RINO’s first product is a feature-rich non-custodial wallet targeted at the enterprise. With the launch of the Community Edition, some of the core features of the RINO enterprise platform are now being offered to the wider Monero community for free.

All Monero users can now benefit from RINO’s highly secured 2FA authentication. Unlike other wallets, RINO guarantees the safety of the funds even if the wallet password is compromised.
With the Community Edition, users can access their wallets from any device. Wallets are always instantly synchronized without any waiting time upon connection. Sync happens even when users are away from their phone or laptop – they can even disconnect from their wallets completely and still receive a notification for each incoming transaction. With RINO’s integrated exchanges, one can also buy and sell XMR directly from the wallet (crypto-crypto is available now, and fiat is coming soon) at competitive rates.

RINO’s self-custody wallet is powered by multi-signature cryptography, following a 2-out-of-3 setup. The owner of a RINO wallet controls two of the three keys; the RINO platform controls the last key. Two out of three keys are needed to access funds, so RINO can never steal or spend its customers’ money. In daily use, a wallet owner uses one of their two keys to initiate transactions, with RINO acting as a controlling authority to add additional levels of security (e.g., requiring 2FA) and only co-signing transactions according to pre-agreed constraints and security policies. The last key is the owner’s “recovery key”, which should be kept in cold storage. Hence, should a wallet owner ever decide to discontinue their relationship with RINO, they can spend their funds without interacting with RINO at all.

The RINO team has been involved with Monero for many years and is excited to be an integral part of Monero’s next growth phase.

About RINO
RINO was launched by serial crypto entrepreneurs whose hearts and minds have been with Monero since its inception. Having run Monero services themselves for many years, they recognised major shortcomings in the Monero ecosystem and decided to do something about it. RINO’s mission is to bring world-class professional tools to the Monero ecosystem and enable the next phase of Monero’s growth.

Ledger Stax – A New E-Ink-based Hardware Crypto Wallet

6, Dec 2022

When we are talking about hardware crypto wallets for storing Bitcoin and other popular crypto coins Ledger is usually the name that comes to mind first and their Nano and Nano X wallets are probably the most used solutions for self-custody of crypto nowadays. Well, Ledger just announced a new hardware crypto wallet called Ledger Stax and this one has been designed by Tony Fadell, the designer of the Apple’s iPod. The new device comes with a large curved E-Ink display and a touchscreen and larger smartphone-like design and is indeed quite cool looking in terms of design and Ledger Stax should start shipping end of March 2023 it is already available for pre-order on the official website of Ledger already for $279 USD.

The new Ledger Stax claims support for over 5000 crypto coins as well as NFT support. Compact in size and modern in terms of design and features with USB-C support and Bluetooth along with wireless charging, a visual and easy to use interface to make it even more attractive for the normal user and not only for advanced users. Ledger apparently will try to do with Stax for Crypto what iPod did for Music, and they may be on the right track and that goes not only for employing “the right designer”. Ledger claims to have sold over 5 million Nano and Nano X devices so far and for sure they do hope to sell much more of the new Stax (yes you can stack these wallets indeed apparently) in the coming years with a larger adoption of crypto.

Ledger Stax Technical Specifications:
– Finish: Aluminum and plastic with embedded magnets for stackability
– Color: Black
– Secure Element Chip: ST33K1M5, Chip Certification: CC EAL5+
– Power & Battery: Built-in rechargeable lithium-ion battery with 200 mAh (milliampere/hour)
– Stays on for several months when left unused and at full charge**
– Qi wireless charging
– Size & Weight: Credit card-sized
– Dimensions: 85mm x 54mm x 6mm
– Weight: 45.2g
– Connectivity: Bluetooth 5.2 to connect to a smartphone, USB type C
– System requirements: 64-bits desktop computer (Windows 10+, macOS 12+, Ubuntu LTS 20.04+) excluding ARM Processors.
– Compatible with smartphones: iOS 13+ or Android 9+
– Not compatible with Chromebooks!
– Display: A black and white E Ink curved touch screen
– Display size: 3.7 inch
– Resolution: 400×672 pixels
– Display colors: 16 scales of gray
– Digital asset support: 500+ different crypto & tokens supported on the Ledger Live app
– Ethereum and Polygon NFTs supported on the Ledger Live app
– More than 5000 crypto, tokens, and NFTs supported when using a third-party wallet

The timing of the new announcement is also quite right with the recent crypto market developments and more and more people taking their crypto off exchanges into self-custody wallets. A good hardware crypto wallet should be not only for storing your coins securely, but also for easily doing so and it should go not only as a cold storage solution, but as an actually easy to use wallet for quick and payments as well. Is Ledger Stax going to deliver on all of these expectations… it is still early to say, but it sure does look promising at the moment, so we would love to see and play around with it when it comes out next year.

– For more information about the upcoming Ledger Stax hardware crypto wallet…


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