New update from Stakecube in which they have informed abvout how much coins they have released. We all are waiting for tomorrow to see how much BTC they will release. The good news is both teams - the Stakecube's and Hive one - are in contact. We, the Hive users, may only advertise benefits of joining Hive.
As for the BTC, they have 12BTC in storage and I'm afraid they won't even return the whole 12 BTC. But let's see what tomorrow brings.
Nevertheless there is still work to be done, such as moving all coins to new wallets and securing them in the hands of multiple people rather than a single point of failure (multi-sig). We can also not move forward without disclosing the existing balances in the wallets, which we present to you right now:
https://docs.google.com/spreadsheets/d/1rh_4QaelBxLMTB6deb6GZf3ZXGVTPT8tR6mzfhc831E/edit#gid=0
12 BTC number comes from here:
https://stakecube.net/app/wallet/reserve
A new FUD storm hit us this week, crashing prices somewhat and threatening the prospects of a new bull run. Last week, the SEC fined Kraken $30 million and forced them to take down their staking service. Meanwhile there are rumors about the Fed and the OCC trying to limit Crypto platforms access to the banking system. A few weeks ago Binance had to stop USD withdrawals due to them losing their banking connection. All of this has been effectively interpreted as a new “war on Crypto” in the US. While troublesome, let’s not forget that the leading country by Crypto adoption is Nigeria, a place where the government is engaged in a complete and undisguised war against Crypto.
StakeCube in Numbers
This week’s numbers are finally a bit better, with SCC recovering some value and Pool value greatly increasing thanks to the newly freed funds.
User Count: 154,778 +0.13%
Pool Value: 64.98 BTC +83.66%
SCC Price: $0.019 +26.67%
SCC Market Cap: $234,063 +28.52%
Daily Exchange Volume $4,987 -27.72%
Daily SCP Transactions: 20 +11.1%
Top 5 Gainers
Leading the top 5 gainers this week is PIVX, as new developments for their online wallet MyPIVXWallet have not gone unnoticed by investors.
PIVX +58.9%
SYS +24.9%
SCC +21.0%
PIRATE +19.7%
FIRO +13.5%
As we announced last week, this week we have released back to our users 550,004 DOGE, 1250 LTC and 10000 DASH. These funds may already be withdrawn. Tomorrow we will release the remaining BTC, which will likely be the last fund release for a while, until we manage to collect some funds from our efforts.
New Listings and NodeCube Additions.
As we previously mentioned, we are going to pursue new listings and NodeCube additions in order to boost the usage of our platform and increase our revenue. This week we listed a new coin: VIVO
We also brought you one of the most popular meme-coins in the Crypto space: Shiba Inu (SHIB). This is a BEP20 token. BUSD pairs have also been added for these newly listed coins.
We have also added KYAN, LATS, SFD and FIRO to NodeCube. These will be available for both Hot and Cold Nodes. You can access that through here:
https://stakecube.net/app/nodecube/
These are some statistics from these masternodes, sourced from Coinexplorer:
Graviex
Graviex had deactivated their SCC pairs following the events of last month. After discussing the current situation with them, they have reactivated the SCC trading pairs. These are now also being tracked by CoinMarketCap.
Coingecko
Coingecko had stopped tracking the trading pairs in our exchange, but after our communication from last week they have now resumed tracking. They have also removed the message they added about us stopping trading, deposits and withdrawals.
CoinMarketCap
The MMO/BUSD and TUP/BUSD trading pairs are now tracked by CoinMarketCap as well.
Other Updates
We have now verified CoinExplorer.net for Brave rewards. Brave users will now be able to contribute to CoinExplorer.net.
There is a new #giveaways channel complete with a Giveaway bot on our Discord. From time to time, we will give away some coins to users on that channel. This might be through sponsorships, for example, or simply hosted by the StakeCube administration.
Last but not least, we have updated the exchange to ungroup all stablecoin markets. This will make these markets more accessible, and we hope that it will bring some more trading volume to them.