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Owner @James@James · 1536 posts · 2 joined · Status active · Posting permission: Every logged-in user can post

Crypto made my web app possible - a real use case for crypto(reddit.com)
For a lot of people, crypto is still mostly speculation and scams. For me, it has solved a core business problem. openrender.app exists because crypto made it possible to build a platform that can accept payments without a long onboarding process, meeting Visa and Mastercards arbitrary naughty list, and settle funds for expensive compute instantly. Traditional payment processors basically refused onboarding for uncensored NSFW image and video generation. When a platform touches that kind of content, a lot of normal payment rails just won’t support it, which makes it tough to build anything sustainable. What crypto gave me: A way to serve users globally. Instant settlement for compute-heavy service costs. A low fee path for small-value transactions and top-ups. No strict payment processor requirements. OpenRender is still a work in progress, but crypto was one of the reasons it could get off the ground at all. Without it I would not have been able to take any payments, and would be stuck wrestling with "high risk" merchant accounts. Curious how other founders here are using crypto for actual product infrastructure instead of just fundraising/speculation. Honestly, OpenRender probably wouldn’t exist in its current form without crypto. One major drawback: a lot of people simply have a habit of using cards, and are scared to touch crypto. For those users, I serve them via Thirdweb which does FIAT to crypto on ramping automatically - the issue is it's clunky and not particularly smooth. Does anyone know of a similar product to Thirdweb, where the customer pays by card and I get crypto? submitted by /u/-Baloo [link] [Kommentare]
Honest question: CRO potential or no?(reddit.com)
Years ago I started to invest a big portion of my savings into CRO because I started using their crypto card for cashback. Since then it never went up more than 0.20 and always fell back to this level. Imo there could be big potential like the own currency from Binance. But even though they lowered the stake rewards, it never made it back to almost one dollar and slowly I’m losing my hopium. Is there anyone else investing in it and can tell me if it’s worth it or should I change to something different. submitted by /u/Itchy-Acanthaceae841 [link] [Kommentare]
What happened to Cardano/ADA?(reddit.com)
I keep seeing a lot of discussion about "Cardano/ADA is dead" over the past two weeks. I used to hold it check its price and movement on bydfi again. So just share my non-professional takes on why it lost momentum. Curious to hear what others think. Price is doing real damage. ADA falling to multi-year lows makes it harder for people to stay patient, even if they still like the tech. Adoption still feels weak. A lot of people expected more visible apps, users, stablecoin activity, or ecosystem growth by now. Governance has become harder to ignore. The failed Cardano Summit funding vote and broader community arguments make the project feel less coordinated. Some ecosystem signals look rough. When tools or projects shut down, it adds to the feeling that momentum is fading. Not saying Cardano is dead at all, but “slow and steady” is becoming harder to defend. Curious how active ADA traders/holders see it. submitted by /u/Choice_Employee_7739 [link] [Kommentare]
EBRD and EU back URECA’s Coal-to-Solar project in Mongolia. Data stored on Blockchain(reddit.com)
In Ulaanbaatar, Mongolia, families who live in ‘gers’ (Mongolian yurts central to the nomadic way of life) wake throughout the night in winter to feed their stoves coal: at 01.00, 03.00, and again before dawn, just to survive freezing temperatures. The very fuel that keeps them warm also makes the city one of the most polluted capitals in the world, with each household on average responsible for 12 to 13 tonnes of carbon emissions. URECA is a climate tech startup whose pilot Coal-to-Solar Initiative project pairs technology with carbon finance to direct capital into scalable, high-impact climate solutions while supporting low-income households to transition to clean energy and tackling severe air pollution. They propose a new technology designed to restore trust and credibility in climate finance, making it more accessible to communities. With help from the EBRD’s Star Venture programme, URECA is now better positioned to scale its climate solution. submitted by /u/semanticweb [link] [Kommentare]
Here’s Why Strategy Sold $216M Worth of Bitcoin(reddit.com)
By now, we have seen the historic news of Saylor’s Strategy selling $216M in Bitcoin. Some of you may be shocked, or confused as this contradicts his promise to “never sell your Bitcoin”. I broke down the mechanics in a full analysis, figuring out why Strategy unfortunately has to do so, here's the short version. STRC (Stretch) is Strategy’s preferred stock, designed to provide investors with a steady cash dividend while giving Strategy additional capital to purchase more Bitcoin. Strategy's STRC preferred stock is supposed to trade near $100 (its "par" value), defended by Strategy raising or lowering its dividend rate. In April, STRC broke that parity and kept falling, hitting an all-time low of $71.25 in June. Strategy hiked the rate to fix it (11.50% to 12.00%), and price partially recovered to the high $80s, but still below par. The problem: Without STRC being at par, Strategy cannot effectively raise further funds to buy BTC Since STRC is still below par, Strategy is going to have to raise rates further and this would put further strain on Strategy’s cash reserve. A reserve which back in May, for unrelated reasons actually dropped below its own 12-month safety minimum. To rebuild their cash reserve, they had to raise capital and part of that rebuild unfortunately meant selling $216M in Bitcoin. The real insight is what’s next, Strategy is currently authorized to sell up to $1.25B for this purpose of funding dividend payments. They have used $216M of that (17%) but STRC is still trading below par (~$88 as of writing), so this pressure hasn’t gone away. Nothing's confirmed, but I wouldn't be surprised if we see more sales. Full breakdown with charts and sourcing: https://www.coingecko.com/learn/why-strategy-sold-216m-bitcoin submitted by /u/khai0001 [link] [Kommentare]
Focus on blockchain tech(reddit.com)
Why we need to focus on tech again: Cause in tech there is no dilution. There are only a handful of altcoins, whos blockchain can pull off serious tech. E.g. SUI, ICP, TAO, etc. I would even say, all the goat blockchains are alright and there is enough liquidity for everyone. Just consider how much liquidity we wasted on pushing new people into memecoin scams: e.g. Trump, Melania, Wif, Bonk, Mother, Turbo, Pepe, Wojak, Pengu, Fartboi, etc. (all centralized memecoin scams) The list of fake-crypto (memecoins) is never ending and it cost us credibility and only enriched the already rich. Memecoins are the most anti crypto thing imagineable and can be seen like a destructive virus. I go that far to say elon musk endorsed dogecoin to start a destructive virus for crypto, cause he wanted to destroy what he cannot own. If our narrative goes back to serious tech, all problems of dilution are solved in an instant. You cannot dilute something of value and what is hard to create. That's why we all need to work together and push the narrative of tech. Wagmi. Long live blockchain tech. 💎 submitted by /u/Timely-Fig2030 [link] [Kommentare]