StakeCube in Numbers
It seems that finally the SEC has decided to allow a Bitcoin ETF to trade in the US, which has caused prices to explode as a reaction to the news. This would be a Futures ETF, as it appears that regulators are more favorable to give those a license. At the moment of writing we sit above $61,000, very close to reaching a new ATH. However, altcoins haven’t moved much yet, since the news mainly affected Bitcoin. If it plays out like it did in the past, they will catch up later when things cool down. SCC also had a substantial increase this week, almost breaking into the top 5 gainers. Other stats like pool value or exchange volume show negative growth due to the situation with TenUp slowing down. The next week could be very exciting for the Crypto markets if we obtain confirmation of the ETF news. This might be enough to take us to ATH, if it does not happen already during the weekend.
- User Count: 124,306 +0.49%
- Pool Value: 571.03 BTC -3.80%
- Daily BTC Mined: 0.093 BTC -7.00%
- SCC Price: $1.20 +14.29%
- SCC Market Cap: $11,585,000 +15.52%
- Daily Exchange Volume $161,501 -22.96%
- Alexa Rank 19,952 -615
Topping the list this week we had BTC2 with a 50% growth. There weren’t any huge outliers, as most altcoins remained tame showing modest growth. Bitcoin was the big protagonist, with many altcoin investors rotating back into it.
These were the top 5 gainers for this week:
Top 5 Gainers
- BTC2+50.0%
- SHARD +31.8%
- BLTG +21.7%
- DAPS +16.5%
- NAV+16.3%
SCC Multitool Updated
We fixed a reported bug caused by a recent Linux update. If you’re having issues with IPv6 setup then please update the sccmultitool.sh from the GitHub repository:
https://github.com/stakecube/SCC-multitool
Derek’s Interview with LeoFinance
Our project manager Derek had an interview with LeoFinance covering a great variety of topics related to StakeCube. Derek is the main guy to go for listings and partnerships with StakeCube and has been with the team since the very beginning. In the interview they talk about the first days of StakeCube, masternodes, smart chains, mining, dash, the team and the future for StakeCube. Make sure you don’t miss it!
$2 Million Worth of MineCube Workers Sold
Finally our last bulk order of workers took us over $2 million, which means we have sold more than half a million MineCube workers as of today. Remember that you can place bulk orders of more than 2,500 workers by opening a support ticket on Discord.
These are some statistics for MineCube as of today:
- 358 users with at least 100% recovered
- 170 average workers per user
- Highest recovery rate: 119.9%
- $2.06 million worth of workers sold
Graphene Listing and Airdrop
This week the Phore team made an airdrop of Graphene tokens to all that were holding PHR at the time of the snapshot. Graphene is at the moment a BEP-20 token. You can read all about it on their official website:
https://phore.io/welcome-to-graphene-the-most-advanced-scalable-blockchain-in-the-world/
https://getgraphene.io/
The snapshot was taken on the 14th of March at 23:59. On StakeCube we had approximately 175,000 PHR back then, split across 404 users. These were in the wallets, masternodes or open orders.
This airdrop was just the first, with 5 more still to come. For more information regarding the airdrop, feel free to contact the Phore team on their official Discord:
https://discord.com/invite/Aucncz5
KMD Staking Interval Reduced
KMD has quite a special implementation whereby rewards vary with transaction volumes, coin activity and other factors. You can read more about how it works following this link:
This implementation makes it extremely difficult for exchanges to pay staking rewards to their users. That is why StakeCube is one of the very few platforms that offer it. Back when we listed KMD we found a work-around solution that allows us to pay our users KMD staking rewards every month. As this interval was considerably long, we have now managed to reduce it to weekly or bi-weekly. This is a significant improvement, as more frequent rewards makes compounding more effective.
Ticket-Tool Down Time
Last Wednesday there was an unplanned maintenance for the Discord ticket tool that caused a down time of a few hours.
While this is not ideal, it is not in our hands to fix it, as we are merely a user of this service. However, as we are preparing StakeCube for much greater traffic volume after the release of v3, a part if it will include making our support systems more robust. To achieve this, we are developing an alternative that will not require our users to use Discord in order to obtain support.
Development News
SCP Wallet
Using community feedback from our many testers as the basis for all improvements we have made massive progress on the UX for the SCP wallet. There are now hundreds of NFTs on the network distributed across more than 10 collections, with art galleries, gifs, characters, assets and more.
These were the main recent improvements:
- Improved collection explorer: Owned NFTs are now highlighted with a green tick, and unowned have lower opacity with a hover-over effect. Owned collections also have a “Mint NFT” button for quicker access to the minting screen.
- Improved NFT minting: The UI is now considerably more reactive, with progress bars, descriptors and an in-progress quantity slider that allows minting multiple NFTs at once.
- Bugfixes: NFTs now update properly when sent, burnt or received. The explorer UI updates more consistently across all galleries. Clicking the “NFTs” menu now always brings you to the “My NFTs” screen instead of to the last collection you visited. The mintSCP and burnSCP commands now work properly, and there were other minor fixes implemented.
Note: When minting NFTs, the first mint of an image always takes longer than consecutive mints. This is because the image has to first be uploaded to IPFS. Further mints are much faster, as SCP Wallet caches the previous IPFS CID, and re-uses it, as long as the image has not changed.
Take a look at these example videos of how NFTs on SCP work:
Wallet Maintenance News
Wallet Updates
We updated the following wallets:
GBX
Previous version: 0.12.2.4
New version: 0.16.1.1
XP
Previous version: 5.2.0.2
New version: 5.2.0.3
Masternode restarts were not required.
Phore
Previous version: 1.7.0.0
New version: 1.7.1.0
This was a mandatory update to accommodate for the Graphene airdrop. Masternode restarts were required.
Security Notice
Please read the following information regarding the security of your account and funds:
The StakeCube.net team will:
- Never contact you first
- Never ask you to send them or move coins to some other address
- Never ask you for remote access or to install any third party software
- Never ask you for your password or 2FA codes
- Never provide support using direct messages
If you observe any of these listed behaviors, someone is trying to steal money from you. This applies to all of our social media channels. Our team will post official messages in the appropriate channels, and we only offer support through our ticket system on Discord.
Please, also take into account the following measures to keep your account secure:
- Enable 2FA in the account settings
- Enable IP verification in the account settings
- Use a strong password
- Change the password regularly
- Never share your password with others
- Never allow remote access to your devices
- If you require assistance, use only the official channels
- Download software only from verified sources
SCP Wallet is now signed with JSKitty’s public PGP key. This allows users to verify that the wallet has been cryptographically signed and approved by him. Even if our GitHub is compromised, the downloads are still safe as long as the PGP verification confirms that the files have not been tampered with. If you download SCP, please verify the binary against our developer’s public key:
