Category: Technology

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ETH Merge will change the way enterprises view Ethereum for business

Industry experts explain how the Ethereum Merge will impact enterprise adoption for business use cases. A recent report from the Ethereum Enterprise Alliance (EEA) highlights how the Ethereum ecosystem has matured to a point where the network can be used by businesses to solve real-world problems. From supply chain management use cases to payment solutions…
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Ethereum Implements Bellatrix — Network’s Upcoming Paris Upgrade to Trigger The Merge, Validator Block Production

The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). Bellatrix was successfully codified into the codebase at epoch 144,896 on the Beacon chain and Ethereum co-founder Vitalik Buterin detailed it was important for network participants to update their…
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Binance to temporarily suspend ETH and WETH deposits and withdrawals ahead of the Merge

The exchange also announced plans to remove $USDC as a tradeable asset from its platform. Cryptocurrency exchange Binance announced Monday that it plans to halt all deposits and withdrawals of Ethereum (ETH) and Wrapped Ethereum (WETH) on selected networks, starting September 6th at 2 am (UTC) in anticipation of Ethereum’s Merge event. #Binance will suspend…
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Crypto noobs: What to tell newcomer friends about digital currency

A look at some of the questions that friends, family and acquaintances may have about crypto and some appropriate responses. Interest in crypto has been growing since the 2017 bull market and has increased even further since 2021, which saw the nonfungible token (NFT) boom and Bitcoin (BTC) hitting its highest price so far.  So,…
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Argentine Startup Action Point Develops White Label Solution to Include Crypto in Traditional ATMs

Action Point, an Argentine startup, has developed a white-label solution that allows banks to offer cryptocurrency services through their already existent ATM infrastructures. The company provides this service in partnership with Lirium AG, a crypto-as-a-service organization, and has already implemented the solution in over a dozen ATMs in the country. Argentine Startup Action Point…
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NFT NYC 2022: A look inside a massive NFT conference

NFT NYC 2022 was filled with emerging NFT projects and industry experts. Cointelegraph senior reporter Rachel Wolfson spent a day exploring NFT NYC 2022 to learn about emerging nonfungible token projects,or NFTs, and how the sector may advance. A recent market report published by Verified Market Research (VMR) predicts that the NFT market could reach…
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Snapchat’s parent company shutters Web3 division amid layoffs

The company said it will let go of its Web3 division to make way for restructuring after falling behind financial targets. Snap Inc’s CEO Evan Speigel announced in a note on Friday that the company had made the difficult decision to reduce the size of its workforce by approximately 20%.  The note said that this round…
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Crypto winter teaches tough lessons about custody and taking control

Many agree that digital assets should be held in hard wallets, but recent actions in the EU and the U.S. may make that more difficult, not easier. The crypto winter has pumped new life into the adage “Not your keys, not your coins,” particularly after the collapse of some high-profile enterprises like the Celsius Network,…
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Former blockchain skeptic David Rubenstein discloses investments in crypto companies

The Carlyle Group co-founder also spoke on the regulatory landscape, saying that he does not anticipate excessive regulation from the U.S. Congress. Carlyle Group co-founder David Rubenstein acknowledged on Sept. 2 that he has invested personally in a number of crypto companies, and is optimistic about the industry’s path to regulation in the United States.…
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Blockchain firms fund university research hubs to advance growth

Universities implement physical and virtual research hubs dedicated to advancing blockchain technology through scientific and educational knowledge. The demand for organizations to adopt blockchain technology is growing rapidly. Recent findings from market research and advisory firm Custom Market Insights found that the global blockchain technology market size was valued at $4.8 billion in 2021, yet…
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