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Chinese Miners Pivot to Alternative Currencies to Keep Operating
24.7.2021
The Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. Lesser-known tokens and proof-of-stake-based systems are now in the sights of these miners...
Tencent's Buying Spree Continues With Majority Stake In Battlerite developer Stunlock Studios
20.7.2021
Yesterday, Kotaku reported that Tencent wants to buy British game maker Sumo Group for an eye-watering $1.3 billion. Today, we’re reporting that the Chinese conglomerate acquired a majority stake in Stunlock Studios.Based in Sweden, Stunlock Studios is best known for free-to-play Battlerite, which...
US megabank JPMorgan to hire more blockchain talent
20.7.2021
Some of JPMorgan’s new blockchain-related job applications seek candidates with experience in Bitcoin, Ethereum and proof-of-stake consensus mechanisms
No hard fork love for Ethereum as ETH price falls to a three-week low
20.7.2021
Ether continues to trade lower under the shadow of Bitcoin in days leading up to its supply-crunching hard fork event
3 reasons why Bitcoin Standard Hashrate (BTCST) price rallied by 50%
19.7.2021
BTCST earnings per staked token increased after China cracked down on Bitcoin miners and the network’s hashrate dropped
Ethereum price dragged down below $2K as US inflation hits highest level since 1991
13.7.2021
The second-largest cryptocurrency sells off in line with Bitcoin as traders assess the latest U.S. inflation data
Bison Trails provides infrastructure support to Provenance blockchain
13.7.2021
The Provenance Blockchain Foundation launched its new, open source proof-of-stake blockchain in May. Shortly thereafter, parent company Figure Technologies announced a $200 million Series D funding haul
ClayStack raises $5.2M for liquid staking protocol
13.7.2021
“We believe ClayStack has developed an efficient solution that addresses the shortcomings of present-day liquid staking protocols,” said CoinFund Founder and CEO Jake Brukhman. CoinFund was among several blockchain venture firms to participate in the raise
Capital International Group purchases 12.2% stake in MicroStrategy
12.7.2021
MicroStrategy is by far the largest corporate Bitcoin holder on the planet with 105,084 BTC on its books. Entities under Michael Saylor's control hold more than 111,000 BTC
Ethereum's 2.0 upgrades aren't the game-changer that could bring more users
11.7.2021
Ethereum might be the darling of the blockchain world, but it’s likely that the awaited Eth2 will not attract wider mainstream adoption
3 reasons why Ethereum exchange reserves are falling to new lows
8.7.2021
Ethereum held in exchange reserves reached a new low after a surge in Ether staked in Eth2 and the approach of the long-awaited London hard fork
STASIS and Free TON DeFi Alliance Partners to Boost the Development of Free TON DeFi Ecosystem
6.7.2021
Free TON, a decentralized proof of stake blockchain powered by its community and STASIS, a EU compliant EURS stablecoin project, partnered to make DeFi more functional and affordable for everyone. The STASIS team will be deploying their protocol to the Free TON ecosystem, so that their stablecoin...
London fork enters testnet on Ethereum as difficulty bomb sees delay
3.7.2021
As Ethereum’s London upgrade launches on the Ropsten testnet, mainnet anticipation for stakers and miners increases
Bitcoin Cash ABC rebrands to ‘eCash’, embraces proof-of-stake — and 2 decimal places
2.7.2021
Bitcoin Cash ABC has rebranded to “eCash,” redenominated its token, and launched a proof-of-stake consensus layer
Roger Ver, Founder of Bitcoin.com Takes a Stake in The ADAX Token
2.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Ever since its launch, ADAX has had an overall crazy run. The project recently concluded its successful run of public/private sales and token listing. The platform that was structured in an effort to engage...
JPMorgan report: Eth2 could kick-start $40B staking industry by 2025
2.7.2021
CEO Jamie Dimon may not support crypto, but two JPMorgan analysts say proof-of-stake coin yields are attractive investments in this zero-rate environment
3 reasons why analysts are turning bullish on Curve Finance (CRV)
1.7.2021
Attractive yields for stakers, protocol revenue and competition among DeFi protocols have analysts pointing to a bullish long-term view for Curve Finance
Ethereum 2.0 approaches 6 million staked ETH milestone
30.6.2021
ETH 2.0 now has 10x more staked Ether to power its proof-of-stake mechanism than the Ethereum Foundation required at launch six months ago
FTX Partners With Tom Brady and Gisele Bündchen in Long Term Deal
30.6.2021
FTX Trading Limited has announced the company has partnered with seven-time Super Bowl Champion Tom Brady and Brazilian model Gisele Bündchen in a long-term deal. Both celebrities will have an equity stake in FTX and receive payments in crypto, the announcement explains. The NFL star Brady...
China crackdown shows industrial Bitcoin mining a problem for decentralization
30.6.2021
The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation