Category: Technology

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SEC open meeting on Dec. 2 to include crypto panel discussion

The SEC is opening discussion on crypto and blockchain technology with regard to American investors. The U.S. Securities and Exchange Commission, or SEC, announced Wednesday the title of the upcoming crypto panel for its Dec. 2 Investor Advisory Meeting will be “Helping to Ensure Investor Protection and Market Integrity in the Face of New Technologies.”…
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Ethereum Has Burned More Than a Million ETH Over the Last 3 Months

111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion worth of ethereum using today’s exchange rates.…
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ASIC chair Longo calls the growing demand for crypto ‘impossible to ignore’

He told an audience that the rise of blockchain currencies has been “nothing short of phenomenal.” Joe Longo, chair of the Australian Securities and Investments Commission, or ASIC, spoke at the Australian Financial Review Super and Wealth Summit on Monday at the Fullerton Hotel in Sydney.  The rise of crypto, he said, has been “nothing…
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How Solana and Cardano are paving new avenues for NFT growth

With strong competition from networks like Solana and Cardano, will Ethereum’s dominance over NFTs hold much longer? The term “digital ownership” has only recently come to mean anything. While nonfungible tokens (NFTs) have been around for some time now, it’s in the last year or two that they’ve caught the attention of mainstream media. The…
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Australian Senator: We Need to Acknowledge Crypto Is Not a Fad, Defi Presents Huge Opportunities

Australian Senator Jane Hume says we need to acknowledge that cryptocurrency is not a fad, adding that there are huge opportunities in decentralized finance (defi). “We should tread cautiously, but not fearfully,” she said, emphasizing that “Australia mustn’t be left behind by fear of the unknown.” Australian Senator Says Crypto Is Not Going Away, Sees…
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The power of cheap transactions: Can Solana’s growth outpace Ethereum?

Solana has grown nearly 13,000% year-to-date and while adoption has been increasing, there may be more than meets the eye. The top cryptocurrencies by market capitalization keep changing over time as the industry matures. Solana (SOL) has seen its value skyrocket so far this year and has been consistently processing over 2,500 transactions per second.…
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Highly Anticipated Bitcoin Upgrade Taproot Activates — Taproot Script-Spends Seen in the Wild

Bitcoin advocates are celebrating the successful implementation of the Taproot upgrade after block height 709,632. The upgrade was highly anticipated as it was one of the biggest changes since the introduction of Segregated Witness (Segwit) in 2017. After the upgrade was completed, the Bitcoin community discussed the slew of benefits Taproot and Schnorr signatures have…
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Pew Research Center: At least 16% of Americans have owned crypto

The poll seems to indicate that crypto investors skew younger and more male than the population as a whole. A survey released by the Pew Research Center on Thursday found that roughly 16% of Americans have invested, traded or used some form of cryptocurrency. The number jumps to 31% for people aged 18–29, and even…
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MyEtherWallet allows users to mint Ethereum blocks as NFTs

CEO Kosala Hemachandra discussed MyEtherWallet’s first NFT drop and its dedication to “making history.” MyEtherWallet, or MEW, launched its first nonfungible token (NFT) collection called ETH Blocks on Thursday, which tokenizes individual blocks on the Ethereum blockchain. Unique images associated with ETH Blocks are generated based on the block’s data. These NFTs are available exclusively…
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Landry’s Restaurant Group to introduce Bitcoin loyalty program

Landry’s Select Club members will be able to earn Bitcoin-centric rewards points at 500 restaurant locations around the United States. Landry’s Restaurant Group announced a partnership with cryptocurrency firm NYDIG on Tuesday that will enable diners to earn $25 worth of Bitcoin for every $250 spent at the hospitality conglomerate’s eateries. Landry’s will also begin…
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