Crypto Markets Update
Both Bitcoin and Ethereum had an amazing week, going up more than 10% and 20% respectively. With this, Bitcoin is trading once again above the $20,000 level while Ethereum trades above the $1,500 one. However both of them were eclipsed by Dogecoin’s huge 40% weekly growth following Elon Musk’s acquisition of Twitter. Obviously the mood is changing for the Crypto markets, with many coins bouncing significantly from their recent bottoms. The Crypto Fear & Greed indicator also seems to reflect this, as we left the “extreme fear” level this week and are now at simply “fear”.
A lot of this could also be related to the recent development in the general financial markets. This week saw the collapse in price of a few large tech stocks, prompted by worse than expected quarterly earnings. These include big names such as Meta, Amazon and Apple, with Amazon and Meta both falling more than 20% in a 24 hour period. These big crashes have made markets change their expectations for the Fed’s monetary policy decisions. Indeed these companies are naming the current economic situation as the cause for their troubles, which would point at the recent interest rate hikes by the Fed as the culprit. Now the perception is that the Fed will have to take a step back and cut rates before more crashes follow and the developing economic recession worsens. That is probably the reason why stock markets are rallying today, and could also explain at least part of the good performance most Cryptos had this week. Markets expect the money printing to resume very soon.
StakeCube in Numbers
Overall good performance on most indicators, with particularly strong growth in pool value and user count. SCC also had a pretty good week reaching 13.21% growth.
- User Count: 150,764 +0.29%
- Pool Value: 572.49 BTC +2.46%
- SCC Price: $0.218 +13.21%
- SCC Market Cap: $2,360,000 +13.40%
- Daily Exchange Volume $18,904 +13.52%
- Daily SCP Transactions: 17 -29.17%
Top 5 Gainers
Big market cap coins lead the top 5 listed coins with both Doge and Ethereum showing spectacular strength. Meanwhile SCC reached a very respectful third place.
- DOGE +39.1
- ETH +20.9
- SCC +13.2%
- SYS +12.0%
- DIVI +11.6%
StakeCube Acquires Coinexplorer.net
This week StakeCube acquired the website Coinexplorer.net. You might be familiar with it, as many coins relied on it as their blockchain explorer. Acquiring Coinexplorer offers us a multitude of possibilities, as we’ll be able to connect all of StakeCube’s listed coins, effectively providing them with a new blockchain explorer. But that’s not all; with Coinexplorer our users will get a well know interface they can use to follow their transactions, view charts and all sorts of stats from within but also outside of StakeCube. Meanwhile developers will be able to make use of its amazing API interface.
While StakeCube has acquired Coinexplorer, we intend to preserve its current domain and brand. This was the official announcement from the Coinexplorer team:
You probably noticed that a fair amount of coins in the explorer are out of sync. We are sorry about that.
Some of the servers where the wallet daemons were running were crushed, and it took us a bit to realize it.
About bringing it back to life. Unfortunately, we do not have the necessary time to keep taking good care of CoinExplorer as we used to, and that’s why we are glad to tell you that we decided to pass it on to our friends at StakeCube. They will from now on host and own CoinExplorer.net.
This will be a process that will take us several weeks, and please excuse us for the downtime, but be ensured that all will be working smoothly as before, or even better 😉”
StakeCube eSports Community Gaming Events
Two new Brawl Stars events are open for registration on CommunityGaming!
1v1 event: https://bit.ly/SCBSM11221v1
5th of November 3PM CET
3v3 event: https://bit.ly/SCBSM1122
19th of November 3PM CET
Are you interested in sponsoring an event and get your company/project logo on banners? Then join our eSports Discord:
You can then open a ticket there or send a DM to CK or Francesca.
On top of that, next Monday we’ll host our first event in EV.io; a web3 browser-based that anyone can easily get into. You don’t even need to register an account; a few easy clicks and you are in the game!
The EV.IO team was kind enough to reach out to us and give us a Halloween-themed NFT to raffle amongst players. The Limited Pumpkin Head skin! All you have to do for a chance to win it is sign up for the tournament and play one game. It doesn’t matter if you lose, you’ll still participate in the raffle.
EV.IO tournament: https://bit.ly/SCEVIOw44
StakeCube eSports Waypoint Twitter Spaces
This Wednesday, Spike from Waypoint eSports hosted a Twitter space with the topic of Pay2Win in esports. CK/Kim Swalander from StakeCube eSports co-hosted this and StakeCube eSports was mentioned as the first resident organization in Waypoint Esports.
Waypoint eSports’ goal is to create a community to help bring together and grow the Web3 eSports community. They will be doing this by providing guidance and tools for content creators, eSports players, guilds, and tournament organizers. Check out the Twitter space here:
You can also join Waypoint eSports’ Discord channel:
Congratulations to the winner of our Axie Thursday this week! Thank you to everyone that participated and we hope to see you all again next time.
StakeCube Game Night
On Thursday this wek, Francesca from our eSports staff hosted a game night. In collaboration with the team behind Double Jump and Gamic Guild they ran several games of Double Jump. The community competed for several prizes which were different NFT skins for the game.
Double Jump is a web3 browser-based game reminiscent of games like Fall Guys. The goal is to be the first one to cross the finish line after jumping and running through a course full of obstacles.
Gamic Guild is an African gaming community with a focus on Play2Earn NFT games. They also host gaming events and tournaments.
Congratulations to the winners and we hope you enjoy your new NFTs!
This week our eSports bot reached its 50th server in addition to our own StakeCube eSports server. We are happy to see that people love to check their in-game stats and compare them with friends while chatting.
Our Thetan Arena command does show more stats for the players than they can see in the game, so no wonder that it is such a success. There are at the moment 480 Thetan players with their game profile connected with the bot and this number keeps increasing.
We also have stats to check for EV.io also and we got really good feedback for these commands from players and game teams.
Wanna check your stats as well? Then come join us!
Privcy Masternode Reward Increase
The block reward for Privcy masternode owners has been increased by 1 PRIV at block 375,001. The new block reward is 11 PRIV, with 9.5 going to a masternode and 1.5 to PoW miners.
SCC Mining Discussion
We have decided to move SCC Mining / Masternode related topics to the SCP Discord server. From now please use those channels to get information / share your experience.
StakeCube Merch Shop
There is a new release this week in our StakeCube Merch Shop!
StakeCube White Unisex Ringer T-Shirts:
Get them here:
We’re getting closer and closer to 10,000 masternodes hosted with NodeCube! Currently we are at 9,351 with SCC being the most popular choice by far. The top coins by hosted Masternodes currently are:
- SCC: 6,772
- FLS: 783
- AEM: 362
As some of you will already be aware we are constantly working on improvements for NodeCube. At the moment we are in the process of optimizing the backend in order to improve automatic checks and maintenance with the goal of increasing our uptime. These updates are not expected to cause any downtimes.
A new Twitter Spaces has been scheduled for the Ghost and StakeCube teams, organized by Blind Knowledge Joey B. These are some of the topics that we will be discussing:
- Tokenomics by Ghost
- Tokenomics by StakeCube
- A shallow dive into McAfee
- Crypto Outlook for future
- Current Markets
- Global Economy
- Fiat Stability vs Crypto
We also would like to invite all of our community members to join and participate.
Some useful links:
Coinminerz Support for SCC
Coinminerz was officially the first mining pool supporting our FiroPoW transition. Feel free to join their community to meet other SCC miners there!
Explorer for SCC: http://188.8.131.52/
Zpool Re-enabling SCC
Zpool has re-enabled SCC mining with the new FiroPoW algorithm. This was their official announcement:
You can also see it in their Bitcointalk topic:
Check out the Zpool mining pool here:
http://zpool.ca/ ⛏️ ⚒️
Find SCC here:
Wallets in Maintenance
This is the status of all of the coins currently in maintenance:
- BLTG – forking issues.
- DAPS – sync issues.
- LUX – sync issues.
- XLR – swapped to XFNA
This is an improvement over the RPC connection as it entirely eliminates the need for RPC to verify addresses. Also, without the overhead of the connection, the SDK is now 4x faster at doing the same task that was previously done over the SCC Core RPC.
- Less pressure on the RPC (better node stability).
- Over 4x faster verification of SCC and SCP addresses.
Bear in mind that every single SCP transaction (Token or NFT) requires the protocol to verify addresses, so this is a welcome upgrade for protocol performance and scaling.
This upgrade should speed up synchronization of SCP full-nodes by a noticeable amount, however we haven’t recorded any mainnet tests to determine the exact reduction in sync time yet.
SCP Wallet Download
Want to try SCP for yourself? Mint some NFTs or stake SCP tokens? Download the wallet from our exclusive explorer SCPScan:
This week we implemented a bunch of Dash backports regarding RPC, DMN, memory leaks and various little build improvements. We are step by step bringing our codebase closer in line to the latest Dash codebase. This update has brought more memory management stability with hopefully the same to come for masternodes
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 our support email:
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:
Social Media and Other Important Links:
- Discord: https://discord.gg/RTJKjdwEsY
- Telegram: https://t.me/Stakecube
- Facebook Group: https://www.facebook.com/groups/964396784312480
- Facebook Fan Page: https://www.facebook.com/StakeCubeEcosystem
- Twitter: https://mobile.twitter.com/stakecube
- Instagram: https://www.instagram.com/stakecube/
- SCPScan: https://scpscan.net/
- SCC Explorer: http://184.108.40.206/