Over the last 3 months the Crypto markets have been on a down trend without much of a bounce or recovery. A few weeks were relatively stable but it was every time followed by a deep crash. Now it seems that we could finally have found a bottom. Bitcoin recovered by almost 10% regaining the $40,000 support. Most other coins also recovered and ended the week in the green. Solana and Ethereum outperformed Bitcoin, both with more than 20% growth. Perhaps it could all be related to a series of positive comments by different government representatives in Russia regarding regulation of the Crypto space. There are also rumors of new countries considering making Bitcoin legal tender or exempting Crypto earnings from taxation. On StakeCube we also had a good week, with SCC gaining almost 15% in value following an increase in buy activity. Most other indicators show a recovery as well.
StakeCube in Numbers
- User Count: 135,624 +0.36%
- Pool Value: 556.43 BTC +1.13%
- Daily BTC Mined: 0.038 BTC +8.57%
- SCC Price: $0.62 +14.81%
- SCC Market Cap: $6,424,000 +14.86%
- Daily Exchange Volume $65,134 -25.10%
- Alexa Rank 17,819 +682
As usual when there is a general market recovery, some of our listed coins had pretty impressive growth. Merge in particular had a price spike on Pancakeswap that almost reached a 200% increase. Decentraland (MANA) made the list again, already 2 weeks in a row.
These were the top 5 gainers for this week:
Top 5 Gainers
- MERGE +194.7%
- DIVI +41.8%
- SHARD +32.3%
- ESBC +29.5%
- MANA +23.1%
In a few hours, at 6:30 PM PT Derek and RVG1503 will have a Twitter Spaces conversation to discuss the content of the last 2 newsletters with anyone that wants to participate. If you had some questions or suggestions for the team, now is your chance! Follow this link to join:
Crypto Tonight Show
Last week Derek went to The Crypto Tonight Show with Darko CT to talk about StakeCube any many other different topics. If you missed it, make sure you listen to it now here:
17th Dash Masternode
After filling up the 16th shared Dash masternode, the 17th started collecting and is already half full. If you have some spare Dash, reserve some slots to start earning masternode rewards. Remember that Dash is also an interest coin. You can earn 11% APY on your Dash or up to 17% with full SCC masternode bonus.
You’ll find the shared masternodes here:
As we informed two weeks ago, we decided to close the language chats as part of the redesign of our official Discord server. This gives the community the chance to start their own dedicated StakeCube servers in different languages. Last week we announced the opening of the Discord server for the German-speaking community:
This week we have a second and third. The Polish one, created by our Support Agent Xardas:
And a French one, created by one of our most loyal supporters Gino:
Additionally, our Advisor Apple opened a Telegram server for the Urdu speaking community. Find the link here:
All of these communities will be linked from our official Discord servers so that users find them easily. We encourage you to open new ones for the languages that are still missing.
As of today there are already 29 Tokens and 226 NFT collections deployed to SCP. This has burned a total of 2550 SCC already! At this rate, SCC becoming a deflationary coin is not out of the question, as an increase in activity would also accelerate the coin burn.
You can consult these statistics and a lot more on our official explorer SCPScan:
DOGEC NodeCube Available Again
We have re-enabled NodeCube for DOGEC masternodes. You can already deploy your masternodes there:
Both Cold and Hot Nodes are available.
LunarCrush Top 3
LunarCrush is a website that tracks activity on social media and others for all Crypto projects. On the 2nd of February SCC made their top 10 ranking by Galaxy Score at 3rd place! This was the tweet:
Seems like we’re starting to get noticed!
The MineCube payment of the 1st of February didn’t arrive on time. We credited it to our users as soon as it was available the next day.
Meatec has also announced a maintenance today that will last until tomorrow. You can read the announcement here:
We have created a new bootstrap file and uploaded it to our official GitHub. This is useful to help Sync the SCC Core wallet faster. Find it here: https://github.com/stakecube/StakeCubeCoin/releases/tag/v3.1.0
Version 3 AMA
Last week we published an outline of what’s to come with version 3 of StakeCube, which will be released in a few weeks. Some of you asked us questions about it through our media channels, which gave us the idea of collecting them and publishing the official answers on our next newsletter. We want to encourage you to ask any questions you have on our Discord and Telegram servers this week.
This week we have selected the following three requested features as most interesting among those suggested by the community:
- Monthly statement emails containing a summary of the account activity.
- Estimated APY for individual assets displayed.
- Address book for withdrawals.
The first one is an concept that some traditional finance brokers already use. It can help users keep track of their earnings and general performance. We will study in what format we could implement this. The other two we have already implemented in StakeCube Version 3.
Wallet Maintenance News
Previous version: 18.104.22.168
New version: 22.214.171.124
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: