|All Time High:|
|Market Cap: |
|The price of #GRIN today is $0.037 USD.|
The lowest GRIN price for this period was $0, the highest was $0.037, and the current live price for one GRIN coin is $0.03727.
The all-time high GRIN coin price was $14.84.
Use our custom price calculator to see the hypothetical price of GRIN with market cap of ETH or other crypto coins.
|The code for Grin crypto currency is also #GRIN. |
Grin is 4.9 years old.
|The current market capitalization for Grin is $5,718,198.|
Grin is ranking downwards to #646, by market cap (and other factors).
|The trading volume is medium today for #GRIN.|
Today's 24-hour trading volume across all exchanges for Grin is $532,370.
|The circulating supply of GRIN is 153,409,500 coins, which is 100% of the total coin supply.|
More Grin (#GRIN) News
|Crypto Exchange Hotbit Says 'Deteriorating Conditions' Forced It to Stop...
China-headquartered cryptocurrency exchange, Hotbit, said on May 22 it had made the decision to halt 'all cex operations.' The crypto exchange pointed to the 'continuous outflows of funds from cex [centralized exchange] users' as one of the many factors that forced Hotbit to stop operations.The Crypto Industry's 'Deteriorating Conditions'
The Asian cryptocurrency exchange, Hotbit, recently said it was shutting down the platform due to what it characterized as 'deteriorating conditions' in the crypto industry. According to a statement issued by the exchange on May 22, these conditions have, in turn, resulted in the 'continuous outflows of funds from cex [centralized exchange] users, including Hotbit, and deteriorating cash flow.'
In addition to dealing with capital outflows and reduced cash flow, the Hotbit team claimed in the statement that the constant upheavals in the crypto industry are making it more difficult to operate a cex. The Hotibit team said:
The successive collapse of large centralized institutions has led the industry to gradually in two ways: either embrace the regulation or become more decentralized. The Hotbit team believes that centralized exchanges (cex) are becoming increasingly cumbersome, with highly complex and interconnected businesses that are difficult to comply with, whether for compliance or decentralization and are unlikely to meet long-term trends.
An Unsustainable Business Model
Despite being one of the first exchanges to list emerging assets su...
|Namibian Educator: Low Level of Crypto and Blockchain Adoption in Africa...
Blockchain and crypto enthusiasts have for years preached about the much envisioned mass adoption of this fintech and why this is an important goal that must be achieved sooner than later. However, many factors like ignorance, a lack of information, and poor telecommunication infrastructure have made the attainment of this objective difficult.A Book of 'Immeasurable' Importance
In Africa, where proponents of cryptocurrencies believe the technology has a better chance of succeeding, the task of convincing the continent's citizens is made even more difficult by scammers. The number of people losing money to crypto scams remains very high, and this works against adoption efforts.
To overcome this challenge, one Namibian educator and author, Gurvy Kavei, decided to publish a book that shares what he has learned. Kavei, who is also a tutor at the University of Namibia, told Bitcoin.com News that he expects the book to help practitioners, policymakers, as well as educators like himself, become acquainted with the technology's basics.
In addition to sharing his reasons for publishing the book, Kavei explained to Bitcoin.com News in written responses why thinks education is the key. Below are Kavei's responses to questions sent to him via Whatsapp.
Bitcoin.com News (BCN): What made you decide to write this book?Gurvy Kavei (GK): I am an educationist. With the low level of crypto and blockchain adoptions in Africa and Namibia in particular, it becomes a duty of care to create and shar...
|Litecoin Activates MimbleWimble Extension Blocks (MWEB)
Litecoin has finally announced the activation of Mimblewimble Extension Blocks (MWEB) more than two years after it was first introduced.
On May 2nd, Litecoin achieved the 75% network consensus threshold required for activation after months of dialogue with different miners of the network. Following this, MWEB officially locked in for activation at block height 2257920.
Mimblewimble's Integration Into Litecoin
A privacy-focused decentralized protocol that gets its name from a tongue-tying spell made famous in the Harry Potter book series, MimbleWimble enables users to conceal transaction data with its confidentiality feature while providing a foundation for other blockchains to improve the usability of their token.
With Mimblewimble Extension Block, users of the network can opt-in to confidential transactions. The end goal is to enhance the viability of Litecoin as a fungible currency that can be used for real-world transactions by lowering fees and adding privacy, throughput, and scalability. David Burkett, a Mimblewimble expert, and developer of Grin ++, was tasked with leading the development of the MimbleWimble protocol for Litecoin.
Litecoin founder Charlie Lee commented:
'In terms of fungibility and privacy, I believe MWEB gets you 90% there. For most people, that’s good enough. It’s the difference between living in a glass house vs living in a house with windows. For people who need 100% privacy, they can live in a house with no windows.'
|PayPal-killer SDK Converts Platforms to Web3 in 10 Lines of Code
[PRESS RELEASE - Venice, United States, 7th April 2022]
Algorand Foundation-backed project Smile Coin has released the public Testnet-version of their highly anticipated Web3 SDK. The SDK allows any Web2 platform to become a Web3 platform with only 10 lines of code. The SDK creates a payment gateway that enables gaming companies to accept payments and pay users out in SMILE and gives users access to Smile Coin Network play-to-earn incentives.
By virtue of adding their financial transactions to the blockchain, players are automatically enrolled into the Smile Coin Network's dApp. The dApp gives users access to transaction analytics, unparalleled rewards for consecutive daily play on any in-network partner platform, up to 125% APY staking, mini-games, airdrops, and more. The effect of these incentives is a massive uptick in user retention and value, as evidenced by the first platform to integrate the private Mainnet version of the SDK: Grin Gaming.
Grin Gaming is the first platform to integrate the Mainnet beta SDK, and their results are nothing short of eye-popping. Grin has reported a nearly 1000% increase in revenue since integrating the Smile Coin SDK, and boasts a 32% 30-day retention rate for players who transact with $SMILE, smashing the industry average by 10x.
The team's motivation for building the payment gateway stemmed from a problem they kept hearing from gaming companies: 'We are a federally and state-level legal business, but PayPal refuses to do business with us...
|Journalist Claims She Identified the 2016 DAO Hacker, Evidence Shows Inv...
An article published by journalist Laura Shin, and research stemming from the blockchain surveillance firm Chainalysis, claims to identify the alleged identity of The DAO hacker who drained millions of dollars worth of ethereum from the decentralized autonomous organization on June 17, 2016. Shin's and Chainalysis's findings accuse the former Tenx CEO, Toby Hoenisch, of being behind the $60 million hack that saw the loss of 3.6 million ether, which is now worth close to $10 billion using today's exchange rates.Uncovering the 2016 Genesis DAO Hack
In the summer of 2016, there were two significant hacks that shocked the cryptocurrency community - The DAO hack and the Bitfinex breach. Following the recent apprehension of the couple who allegedly possessed the stolen Bitfinex BTC, journalist Laura Shin has published new findings on The DAO hacker and she claims to have identified the person behind the notorious hack. The DAO, also referred to as the Genesis DAO was a decentralized autonomous organization that managed to raise $150 million in ethereum (ETH).
EXCLUSIVE: With the publication of my book today, I can finally announce: in the course of writing my book, my sources and I believe we uncovered the identity of the Ethereum's 2016 DAO hacker.
- Laura Shin (@laurashin) February 22, 2022
However, on June 17, 2016, an individual discovered a bug in the code that allowed the person to drain funds from the organization's stash. In a matter of hours, the hacker drained 3,600,000...
|Justin Bieber Buys Another Bored Ape NFT, Pays $470K Worth of ETH
The Canadian superstar Justin Bieber is on a buying spree, and it appears that his appetite for non-fungible tokens (NFTs) is on the rise.
Justin Bieber, arguably one of the most famous people on the planet, is an NFT aficionado.
His choice of preference - perhaps somewhat unsurprisingly - continues to be the Bored Ape Yacht Club collection.
Last week, we reported that he bought ape #3001 for a whopping 500 ETH, worth $1.3 million at the time.
Now, the celebrity purchased ape #3850 for 166 ETH, currently worth around $470K.
This is what ape #3850 looks like:
The ape hasn't been sold before on OpenSea - it was only transferred between different accounts.
The rarest traits in the NFT are the Bandana Blue hat (0.89% rarity) and the Grin Diamond mount (0.78% rarity).
Apart from that, it has pink fur, purple background, puffy vest as clothing, and bored eyes.
At the time of this writing, the NFTs from the Bored Ape Yacht Club have a floor price of 99.3 ETH.
Featured image courtesy of Rolling Stone