$107,487.00
0.55%$2,444.48
1.64%$2.20
5.14%$647.25
0.45%$151.68
7.16%$0.999802
-0.01%$0.274111
0.76%$0.164603
3.16%$2,442.65
1.62%$0.568067
3.27%$107,404.00
0.63%$37.24
2.29%$2,949.86
1.72%$490.82
-2.47%$2.78
2.21%$13.37
3.67%$9.09
0.42%$17.99
3.64%$0.238899
2.00%$0.999718
-0.02%$2.84
0.16%$47.50
3.42%$0.00001149
2.89%$87.16
4.24%$2,445.59
1.70%$2,618.87
1.77%$1.00
-0.03%$0.147981
2.24%$308.67
-0.16%$4.64
0.19%$1.00
-0.01%$3.39
1.84%$107,522.00
0.53%$7.16
4.51%$0.531656
-6.49%$0.00000951
4.60%$258.29
-0.22%$1.18
-0.01%$4.83
-1.12%$50.12
0.43%$330.76
2.37%$1.00
0.00%$184.41
7.42%$2.16
4.14%$4.81
2.16%$0.081176
1.19%$16.26
1.56%$1.057
0.01%$0.762854
2.79%$0.999681
-0.05%$27.41
-1.04%$0.077931
5.96%$0.606886
2.42%$4.41
-0.04%$15.55
-0.93%$4.00
3.08%$9.11
1.92%$0.02079238
2.49%$0.679089
1.25%$107,325.00
0.50%$0.079546
1.63%$3.24
3.60%$0.266928
6.62%$110.18
9.97%$0.177183
1.93%$0.284688
1.31%$4.48
2.93%$0.176735
2.25%$0.306442
-0.89%$2.25
3.86%$0.888535
2.86%$2,444.75
1.57%$0.998175
-0.12%$0.999927
0.00%$11.09
0.18%$159.63
6.45%$0.442797
10.05%$1.001
0.11%$1.30
12.05%$1.20
1.42%$0.01749883
1.38%$2,785.98
1.66%$2,561.44
1.63%$0.00001436
8.53%$1.10
11.67%$10.89
3.91%$1.00
0.00%$0.665197
2.18%$1.48
4.37%$0.999794
-0.04%$0.168686
-7.03%$0.310502
1.30%$0.060379
0.82%$1.48
2.22%$0.999646
-0.03%$0.549288
3.52%$2,613.84
1.41%$107,390.00
0.86%$3,293.76
0.03%$2,567.30
1.64%$1.11
0.01%$107,458.00
0.67%$647.49
0.47%$2.97
0.48%$107,821.00
0.56%$0.82872
8.52%$0.083537
4.44%$2,575.47
1.96%$0.01292104
24.95%$3,282.36
0.08%$0.424418
3.67%$0.501129
2.16%$170.33
7.50%$2.25
17.58%$197.94
7.26%$2.21
2.86%$111.60
0.02%$0.518057
2.72%$0.00007291
3.92%$2,640.12
1.55%$0.67063
2.34%$0.998473
0.00%$0.721396
4.21%$0.01335503
3.74%$0.755173
-2.34%$0.593926
-2.21%$1.085
-0.51%$0.01391804
4.11%$107,039.00
0.80%$38.52
-0.57%$18.68
2.15%$30.73
0.57%$0.157542
3.07%$0.998025
0.03%$0.241216
1.18%$0.0000006
1.89%$0.223396
0.73%$3.55
5.32%$37.30
2.24%$2.13
7.97%$0.098335
5.96%$107,258.00
0.58%$0.532426
0.96%$2,444.26
1.56%$2,444.58
1.52%$0.00824593
-1.49%$0.388423
3.22%$0.51921
1.31%$0.324488
1.47%$2,609.83
1.58%$0.01496833
-1.56%$2,542.93
0.60%$107,405.00
0.53%$8.72
-0.98%$0.998662
-0.03%$2,445.58
1.64%$0.999542
0.07%$0.250502
2.26%$0.601052
0.97%$1.34
1.68%$0.179175
-2.84%$0.999598
-0.05%$37.30
2.26%$1.00
0.02%$0.999802
-0.01%$0.402357
-0.16%$0.060716
0.05%$0.00000044
0.75%$1.38
2.48%$45.90
-0.06%$2.30
2.13%$0.164614
3.07%$0.00418873
1.23%$0.04161807
5.49%$1.091
-0.01%$0.999005
1.45%$0.00697161
9.35%$0.391415
0.25%$5.49
3.64%$0.32026
3.26%$0.113139
5.32%$2,444.87
1.92%$13.29
2.77%$2,599.10
1.54%$0.502361
4.91%$0.00001872
1.36%$0.999436
-0.12%$0.072344
2.54%$0.079114
23.97%$0.00391166
2.58%$2.20
2.07%$1.49
7.51%$0.00000091
4.52%$0.500227
1.94%$0.170613
-1.06%$0.137031
3.19%$0.03529055
2.78%$0.911741
0.18%$2,695.80
1.67%$1.094
3.97%$1.17
3.79%$0.999853
-0.03%$0.03369073
0.79%$107,809.00
1.80%$107,425.00
0.65%$165.57
7.27%$20.09
0.63%$0.327497
-6.93%$0.04584342
3.03%$2,675.71
1.70%$0.326347
1.55%$0.99981
-0.01%$4.93
4.13%$0.01652818
0.57%$0.999146
0.00%$2,445.64
1.69%$0.999717
0.04%$0.003599
-5.32%$0.00005586
1.56%$10.25
0.95%$0.00000145
2.60%$0.736317
-2.57%$2,445.40
1.66%$1.083
2.76%$0.297503
12.41%$107,588.00
0.90%$108.77
1.00%$17.96
3.40%$0.436291
0.96%$0.631254
6.07%$0.02885044
1.98%$0.00543211
0.18%$0.68141
0.82%$0.00335226
1.12%$1.001
0.00%$2,158.62
0.48%$1.21
0.16%$1.018
0.01%$0.583318
0.86%$101,860.00
-0.58%$0.176915
1.64%$1.55
-2.30%$0.00363047
6.41%$14.79
1.96%$0.178585
2.12%$104,073.00
-0.09%$2,954.26
1.76%$170.99
7.57%Reading
A crypto-powered lottery has helped one lucky winner turn $74 into just shy of $40,000.
PoolTogether doesn’t cost money—in a sense—to play; instead, you enter it by depositing cryptocurrencycryptocurrency tokens. It uses those tokens to generate a yield, and it’s this yield that is put into the lottery and shared out among those who participate. So, it’s a matter of perspective: You’re not losing anything by participating, although you are missing out on some yield that you otherwise might have gained.
On March 14, 2020, this particular user put $74 worth of the DAI cryptocurrency—a decentralizeddecentralized stablecoin pegged to the US dollar—into one of the pools. It sat there, generating a very small amount of yield, which was being put into the lottery.
On April 9, the user struck lucky, winning the lion’s share of the $33,100 prize (made up of DAI) and the $32,700 loot box, which comprises four tokens including Compound and STAKE. There were 4,754 players in the lottery. In total, they won $39,600.
.@PoolTogether_ is front-page-news-material in the making and, consequently, has the potential to be major on-boarding platform into DeFi at large
only a matter of time until we see $1m weekly prize pool https://t.co/SKZBZOYsjm
— Matteo Leibowitz (@teo_leibowitz) April 12, 2021
Because the amounts involved were so small, the user had a 1 in 289,812 chance of winning the Grand Prize (the largest reward on offer). In contrast, one of the runners up had more than $10 million in DAI with a 1 in 2.48 chance of winning.
While the money is substantial, the user already has a fair chunk of cryptocurrency. According to Etherscan, they already have $14,600 of Ethereum (ETH) in their wallet, with their PoolTogether winnings bringing their holdings of Ethereum-based tokens up to $195,000.
Launched in June 2019, PoolTogether has grown considerably over the past year or so. It now has at least $170 million locked up in its various pools, the majority in its DAI and USDC pools. According to crypto research unit Messari, PoolTogether has paid out $750 million in prizes since it began. While most of that will go to the whales who’ve deposited large funds to the platform, every so often a smaller holder can strike it lucky.
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A newly discovered Trojan dubbed "SparkKitty" is infecting smartphones and siphoning off sensitive data, potentially enabling attackers to drain victims' cryptocurrency wallets, cybersecurity firm Kaspersky said in a report on Tuesday. The malware is embedded in apps related to crypto trading, gambling, and even modified versions of TikTok. Once installed via deceptive provisioning profiles—used for running iOS apps or modified apps—SparkKitty requests access to the photo gallery. It monitors fo...
Major Ethereum validators controlling a significant share of the network's stake have begun testing OptimumP2P, a high-performance memory layer that could help address some of the network's limitations through its networking stack. Kiln, P2P.org, Everstake, Blockdaemon, Infstones, Luganodes, and Ebunker are participating in the testnet for OptimumP2P, which has introduced a novel application of MIT-developed tech for Ethereum. "The networking layer relies largely on traditional gossip approaches...
