Crypto Champion

Crypto Champion

Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.


Kryptovault's Stockmarknes mining facility shuts down due to noise pollution

17 Sep 2024 1 minute read 0 comments Yugocean

Facility is closed, Electricity Bills increased      Norway's PoW mining company and data centre Kryptovault's Stockmarknes facility in Hadsel has been shut down due to noise pollution. After this, the bill for about 80 GWh of electricity consumed by...

Coinbase's cbBTC in doubt after Justin Sun's claim

17 Sep 2024 1 minute read 1 comment Yugocean

cbBTC is Trust Me Bro      Tron founder Justin Sun has put Coinbase's Ethereum and Base based Wrapped Bitcoin cbBTC in the "trust me" category. Justin claims that cbBTC has no proof-of-reserve (PoR). Justin has also raised the possibility of risks su...

BRIDGE Digital Assets bill for joint committee of SEC and CFTC

14 Sep 2024 1 minute read 0 comments Yugocean

BRIDGE Digital Assets bill by John Rose Republican Representative John Rose, a member of the House Financial Services Committee, has introduced a new bill in the US Senate. This bill proposes a joint SEC-CFTC committee to advise the SEC and CFTC on t...

Binance's 58th Launchpool project : Hamster Kombat (HMSTR)

13 Sep 2024 1 minute read 2 comments Yugocean

Binance announces HMSTR launch      Binance has announced its 58th launchpool project, Hamster Kombat (HMSTR). Hamster Kombat is a Telegram-based Play-2-Earn game.   All about Airdrop      Farming HMSTR is available for 7 days, -19th to 25th Septembe...

The Firstever DeFi hearing held at US Congress

12 Sep 2024 1 minute read 0 comments Yugocean

     DeFi Hearing held at US Congress      Decentralized finance (DeFi) is a technology that is revolutionizing the crypto industry along with economic freedom. On September 10, 2024, the first hearing on DeFi was held in the US Congress.     A He...

Need help from tech guys for Beacon chain transfer

5 Sep 2024 1 minute read 3 comments Yugocean

The Problem      Last month I made a mistake, I withdrew my BNB tokens to trust wallet. Binance was providing a transfer facility to TrustWallet from the Beacon chain only. Now I come to know that the Beacon chain is "ending" in August. Worst thing i...

Venezuela will enter Cryptoverse?

4 Sep 2024 1 minute read 2 comments Yugocean

     Venezuela's dictator, President Nicolas Maduro, has called for a return to the world of crypto; this has started a stir in the cryptoverse. Source: Bitcoin Magezine   Fear of US is leading the decision      Despite being an oil-producing country...

Cardano moves to Voltaire era of decentralized system with Chang hard fork

3 Sep 2024 1 minute read 0 comments Yugocean

     Cardano, developed by Charles Hoskinson, is a layer 1 blockchain, it progresses through 5 eras since its inception. These 5 eras are:- Byron, Shelley, Goguen, Basho, and Voltaire. After the final Voltaire era, Cardano's governance system will ch...

Coinbase is Hiring in India

2 Sep 2024 1 minute read 1 comment Yugocean

Coinbase hiring in India      Coinbase has put advertisement for a Backend Software Engineer to work at their Indian office located in Banglore. Coinbase requres the person in office, so this is clear that with no Work From Home facility in this one,...

USDS vs DAI : The Frozen factor

29 Aug 2024 1 minute read 0 comments Yugocean

     As we know that Maker Dao's Endgame plan (SKY) will update DAI to USDS, here is one factor we should know.       The Frozen factor      In a discussion to clear up the confusion about DAI and USDS, Rune Christensen, co-founder of Sky (formerl...