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Chainlink Expands Staking Accessibility Through v0.2 Release


Source: Pixabay Chainlink has enhanced its native staking mechanism through the introduction of Chainlink Staking v0.2, featuring an increased pool size of 45 million. According to a press release on Tuesday, the initiation of the v0.2 upgrade will commence with a nine-day Priority Migration phase...

Bitcoin Fees Climb 150% in 3 Days as Block Space Grows More Expensive


Transaction fees within the Bitcoin network have surged considerably, eclipsing the figures recorded merely three days prior. A transfer deemed high-priority, which formerly cost an average of $3.38, now demands a fee of $8.46. This significant increase was recorded on Thursday, November 9, 2023...

FTX Estate Proposes Recovery Plan With 90% Asset Return Expected 


The now-defunct FTX crypto exchange announced a proposed settlement plan this week that aims to resolve disputes over customer assets lost when the company filed for bankruptcy in November 2022. FTX Debtors Chart Path to Redress: 90% Asset Recovery Proposed in Bankruptcy Plan The FTX debtors’...

Bitcoin’s Transaction Backlog Surges Past 400,000


A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While the average network fee remains under $1, since August 6, it’s fluctuated from $0.77, peaking at $2.59 per transaction just two days later on August...

BRICS Expansion Will Speed Up De-Dollarization, Chinese Expert Says


As more countries join the BRICS economic bloc, there will be a significant increase in settlements using national currencies, leading to an acceleration in the de-dollarization process, a Chinese expert says. “For most developing countries, development is a top priority. That is why the BRICS...

Kenyan Central Bank: CBDC Not a Priority ‘in the Short to Medium Term’


The Kenyan central bank has said implementing a central bank digital currency (CBDC) may not be a priority for Kenya in the short to medium term. According to the central bank, Kenya’s “pain points in payments can potentially be solved by strengthening innovations around the existing payment...

Crypto bills get priority as the debt ceiling remains a concern in the US


The US was last week on the edge of defaulting international payments. An embarrassment, as a developed nation would have it, has now taken a back seat with two new crypto bills claiming priority on Capitol Hill. The debt ceiling has often been called a self-created problem that troubles the world....

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