Archive for the ‘Crypto News’ Category

Ledger has announced their new crypto hardware wallet named Ledger Nano X and have started taking pre-orders for the new device. The new Ledger Nano X is a Bluetooth-enabled hardware wallet with built-in battery that will be able to also connect to your smartphone and not only to your computer as was with the previous generation Ledger Nano S. According to Ledger the new wallet promises better security, even with the wireless connectivity option, as well as an improved user experience and design. Ledger also launched the Ledger Live Mobile app, which allows Ledger Nano X users to manage secure transactions, install and uninstall apps, and check their real-time balances on the go. It will also enable Ledger Nano S users to check their balance in read-only mode. Ledger Live Mobile will be made available in the App Store and Google Play on January 28th.

The new Ledger Nano X has a Bluetooth feature that easily and reliably connects through the Ledger Live Mobile app, which allows users to connect the device to their smartphone, providing increased mobility without sacrificing security, though we are still a bit concerned about the wirelesses connectivity option. The new Ledger Nano X can store up to 100 crypto assets from more than 1100+ supported, which is six times more capacity than the Ledger Nano S, and includes an improved interface with a larger screen to make things easier for the user. The Ledger Nano X costs $119 USD to pre-order now and shipping is expected to start in March.

For more details on the new Ledger Nano X mobile-friendly hardware crypto wallet…

The latest OpenBazaar version 2.2.2 released brings improved cryptocurrency trading features to the users of the free online marketplace with no fees and restriction that uses cryptocurrencies for payments. The most significant expansion is the number of crypto coins that can be bought and sold on the platform, previously there were about 60 available. Now there is price data from CoinMarketCap and there are more than 1500 coins you can trade on OpenBazaar. If you want to see if a specific coin is available, download OpenBazaar and start the process of creating a cryptocurrency listing and you will see the full list of coins in a dropdown menu. The best thing is that there are no fees to pay and no accounts to sign up for. It’s a direct swap of cryptocurrencies between you and the other party, and if you choose a moderated payment (highly recommended) then there’s a third party available in case of dispute.

The latest version also brings the ability for users offering to trade coins to mark up or discount their price. Instead of only being able to offer a trade at market price, you can choose to add a markup, which will automatically increase the price to the buyer based on the percentage they choose. You can of course also choose to offer a discount from regular market price and make your offer even more attractive. The software constantly is updating the market price of the cryptocurrencies involved in the trade, and will add the markup or discount at the moment the trade happens.

For more details about the OpenBazaar platform and cryptocurrency trading on it…

NiceHash has just announced the support and availability of the CryptoNightHeavy and Lyra2z algorithms on their platform. The new algorithms are showing that there is high interest in term of hashrate for crypto coins such as Sumokoin (SUMO), Haven (XHV) and Loki (LOKI) that use the CryptoNightHeavy mining algorithm as well as Zcoin (XZC) and GINcoin (GIN) that rely on Lyra2z, though there are other coins that use these two algorithms as well. So for users that need more hashrate to mine any of these coins or others that use the two newly added algorithms the marketplace is now open, the same goes for people that just want to sell their hashrate and get paid directly in Bitcoin (BTC) that can also take advantage from the new NiceHash support for CryptoNightHeavy and Lyra2z. On a side note, new crypto coin launches using either of these algorithms may now also be hammered with huge hashrates right from their launch if there are users renting big amounts of CryptoNightHeavy or Lyra2z hashpower, so have that in mind as well if you are always on the lookout for new coin launches.


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