StakeCube in Numbers
Optimism has failed to return to the Crypto markets this week, with Bitcoin struggling to maintain the $45,000 support level and reaching lower and lower highs. Most altcoins have also had pretty bad performance, following the general market trend. An interesting exception is Avalanche, which is the latest platform coin to rise to the top 10. StakeCube Coin had a similar performance to the rest of the market, with small loses over the past few days.
This week the big story was the hearing on cryptocurrencies that took place in the US congress. In it, the chief executives of several Crypto platforms discussed the benefits and risks associated with cryptocurrencies before the House Financial Services Committee. There were also rumors coming from the Russian Central bank, saying that they will pursue a ban of investments in cryptocurrency in Russia. Seems like Crypto regulation is once more at the forefront of the debate, with investors uneasy about the uncertainty caused by financial regulators from different countries.
- User Count: 130,229 +0.46%
- Pool Value: 561.34 BTC -0.12%
- Daily BTC Mined: 0.053 BTC -15.87%
- SCC Price: $0.79 -8.14%
- SCC Market Cap: $7,925,000 -7.73%
- Daily Exchange Volume $91,962 -5.16%
- Alexa Rank 19,108 -63
Leading the top 5 gainers with a huge increase of 120.6% we have COLX this week, following their announcement that they will be swapping to the Solana blockchain. Also Phore and SYS had pretty good growth.
These were the top 5 gainers for this week:
Top 5 Gainers
- PHR +28.3%
- SYS +24.1%
- FLS +11.0%
- STRAX +2.1%
It’s now a bit more than a month since we released the marketplace for SCP NFTs and this has caused a boom in usage for SCP. These are some stats that reflect the increase of on-chain activity:
- NFTs: 12,015 from 168 collections.
- Total Burns: 1,910 SCC and 400 NFTs
- Total Transactions: 19,112
- On-Chain Users: 515
Remember you can have an overview of everything related to SCP using our explorer:
The Rocket League Tournament is here! Tomorrow at 15:00 CET the tournament will begin for the players. The streaming will go live later around 18:00 CET. Make sure to follow us on Twitch to get a notification when we go live:
As it is the holiday season, we have also prepared some airdrops and giveaways for our viewers. To be eligible, join our Discord server and follow the stream to get more information on how to join:
Yesterday we completed the listing of MAGE, the token issued by MetaBrands. This is an ERC20 token, already available for trade on our exchange:
MAGE is unique in its tokenomics system. With MAGE, you can burn tokens in order to mint relic NFTs that will grant you access to different earning possibilities and other benefits. If you want to learn more about relics and Mage, you can read the MetaBrands whitepaper:
Or read the following blog post:
Also, if you want to mint a relic, you can visit the following site:
Over the last 2 weeks we have noticed a huge increase in masternodes hosted on NodeCube. Since the beginning of December we have already installed 500 new masternodes whereas usually we get around 400 on a typical month.
Due to the increase in demand, our hired VPS were filled faster than normal and some users got an error message asking them to wait a few minutes. The only reason for this is that the increase was unexpected, but we have now increased our VPS availability to face the added demand.
We have created a public chat on Element for those in our community that want to use it. Element is an end-to-end encrypted messaging app that allows you to keep control of your data. Join our channel using this link:
And read more about Element here:
15th Dash Node
This week we filled our 15th Shared Dash masternode, which is quite impressive thinking each of them is worth $126,000 at current prices. The 16th masternode is now collecting, so feel free to get some shares if you have some DASH. Keep in mind that DASH is also an interest coin, and therefore you will be earning both interest and masternode rewards. With full SCC masternode bonus, this would place your yearly earnings at around 17%.
Meatec had some update to install for their payout system on Monday, but other than that the week was pretty uneventful. Difficulty increases and the falling cryptocurrency prices have once again reduced rewards for miners.
These are some statistics for MineCube as of today:
- 465 users with at least 100% recovered
- 173 average workers per user
- Highest recovery rate: 132.29%
- $2.24 million worth of workers sold
These are some statistics relevant to the mining of Bitcoin:
- Hashpower: 173.7m TH/s -3.77%
- Difficulty: 24.2t +8.35%
- Bitcoin Price: $45,821 -3.89%
- StakeCube Hashpower: 1,578.0 TH/s -0.25%
And these are the current number of miners for each coin (including damaged):
- BTC: 350
- Dash: 110
- ETH: 18
- LTC: 11
You can consult the full list here:
Guardian NFTs Giveaway
This week we finalized the giveaway of “Mana, Guardian of StakeCube” NFTs, with 30 winners of the NFTs minted on SCP and 3 winners of those minted on Ethereum.
This was the official announcement where you can consult the winners:
Development of the next version of StakeCube continues on track with the final release coming at some point in Q1 2022. Although we commonly refer to this version as v3, it would be more appropriate to call it v4. The next version is not a simple modification of the existing platform or the addition of some features. It is a full redesign of every single aspect of StakeCube, with expertly designed UX, and a completely reformed backend.
Simultaneously, we are in the last stages of formalizing our strategy with different marketing agencies. This process usually takes 3 to 4 weeks to onboard the marketing professionals and an additional 3 to 4 weeks to schedule and prepare the marketing campaign, press releases, ads, etc. Starting early next year we will start disclosing more detailed aspects of v3 in our weekly newsletter.
We have now started development of a new SCP project, codenamed “SCP Lite” for now. This project will be a browser extension for Chromium-based and Firefox-based browsers consisting of a minified version of the SCP wallet. This extension will have access to DApps and SCP integrations for many websites in the future.
SCP Lite is akin to Metamask in the way it works. It is a light-wallet built into your browser and every supporting web-page. However, users need not worry, transactions cannot be done without authorization. SCP Lite will ask you what permissions you’d like to grant DApps and websites.
We estimate public testing will come around late Q1 2022 or early Q2 2022.
Here’s a preview of the upcoming, in-development UI and extension running in Firefox:
Wallet Maintenance News
No wallet updates were necessary this week.
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: