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Ripple to Participate in the Digital Dollar Project’s CBDC Sandbox Program
2.9.2022
The non-profit organization promoting the creation of the digital dollar, the Digital Dollar Project, has announced the launch of a sandbox program to kickstart the probe of the technical implementations of the envisaged digital currency. The fintech firm Ripple is among the four participants that...
Privatixy and Zcash are Blockchain Networks With an Extra Layer of Security on the Bitcoin Standard
31.8.2022
Bitcoin (BTC) is the first cryptocurrency and the first experience of the blockchain technology we had. Although the landscape has expanded with several other utilities beyond the scope of Bitcoin, BTC remains revered despite the numerous cryptocurrency market conditions it has to adapt to. Bitcoin...
Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel
29.8.2022
With just over two weeks until The Merge, Ethereum network fees have reduced significantly as the average ethereum transfer fee has dropped to 0.00092 ether or $1.37 per transaction on August 28. Median-sized fees have slid to 0.00036 ether or $0.544 per transfer, and etherscan.io’s...
Is Filecoin Network's Incentive Plan Sustainable? Crypto Analysts Want to Know
18.8.2022
Almost all of the data-storage network’s recent deal growth has come from one incentive program, and project leaders are now looking for new revenue streams
PoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit
15.8.2022
In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s proof-of-work (PoW) miners will be forced to mine another coin. So far, it seems ethereum miners are sticking with the PoW Ethereum chain until the very end as profits have...
Report: Terror Groups Using South African Financial System to Move Funds
28.7.2022
Sympathizers of the terror group, the Islamic State (IS) are allegedly using South Africa’s financial system to channel funds to the group’s affiliates and networks in Africa. The United States government has so far sanctioned four South Africa-based individuals it accused...
Cryptocurrencies a ‘Good Alternative to Traditional Settlement Processes’ — Study
25.7.2022
Cryptocurrencies can be a good alternative to conventional settlement processes because they are underpinned by blockchain technology which enables the instant finalization of transactions without the involvement of intermediaries, a new report has said. Some players in the cross-border money...
As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days Ago
19.7.2022
While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s...
Lido Finance Will Soon Offer Staked Ether on Layer 2 Networks, Proposes to Sell LDO For DAI
19.7.2022
stETH's expansion to layer 2 means lower fees and more yield-generating opportunities for investors staking ether
Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters
14.7.2022
During the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S. dollar. On July 13, just before the lending company filed for Chapter 11 bankruptcy, CEL was exchanging hands for $0.961 per unit. Following the news that the company filed...
Persona 5 Fanzine In Disarray After Lead Organizer Allegedly Embezzles $20,000
24.6.2022
Last night, the creative team behind a highly anticipated fan-made Persona 5 anthology zine announced that its project lead had confessed to spending $27,600 CAD (approximately $21,300 USD) of the zine’s funds for “personal use.” The money was originally intended for printing and shipping...
THORChain Mainnet Goes Live on Seven Networks; RUNE Spikes
24.6.2022
The much-awaited network went live after nearly four years of development
Harmony Network's Horizon Bridge Exploited for $100M
24.6.2022
Developers said they are working with authorities and forensic specialists to identify the culprit
“Play to Earn” to Own Remitano Network’s RENEC Token
24.6.2022
PRESS RELEASE. “Play & Earn” is no longer a strange term for most GameFi believers. Recently, Remitano Network, Remitano’s blockchain network, has launched a novel airdrop in the format of “Play to Earn”, allowing users to own the network’s RENEC token...
Former SEC Lawyer Sees More Crypto Regulations After Celsius Network's Debacle
21.6.2022
“This is going to lead to a real push for some significant regulation and oversight,” Moses & Singer LLP Partner Howard Fischer said on CoinDesk TV’s “All About Bitcoin.”
Bitcoin hash rate marks all-time high as BTC price drops below $25K
13.6.2022
Complimenting the new hash rate ATH of 231.428 ExaHash per second, Bitcoin’s network difficulty stands at a strong position of 30.283 trillion
Centralized vs. decentralized digital networks: Key differences
11.6.2022
Find out what differentiates centralized and decentralized digital networks—and which structure is right for your organization
Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop
7.6.2022
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently, at...
Best FTSO Introduces NFTSO on Songbird and Flare Networks
6.6.2022
Best FTSO has announced a new NFT marketplace called NFTSO on Songbird and Flare Networks. NFTSO brings the most requested functionality for the users with many unique features that are set to give it a competitive edge. Best FTSO started with a small team with no funding. The development...
Bitcoin ATM installations record low in May, biggest drop since 2019
5.6.2022
Over the past five months since January, Bitcoin ATM installations saw a gradual slowdown, eventually falling 89.75% from December 2021’s 1971 new installations